Goodyear’s Q2 Sales Up, Driven By Cooper Purchase
Goodyear’s second-quarter 2021 sales were $4 billion, up 86% from a year ago, and benefitted from higher volumes, increased sales and the Cooper Tire merger.
Monro, Inc. Announces Q1 2022 Financial Results
First quarter sales were up 38.4% for a record of $341.8 million, says Monro.
Yokohama Reports Record-High Sales in Q1 2021
Sales revenue in original equipment tires increased as growth in China more than offset declines in Japan and in North America, the company says.
Cooper Tire Reports 23.3% Q1 Sales Increase Over 2020
The increase in expenses in the first quarter of 2021 included costs associated with the proposed merger with Goodyear.
Cooper Sees Unit Volume Decrease of 13% in Fiscal 2020
Cooper’s net sales were $2.52 billion compared to $2.75 billion the prior year, and in the fourth quarter, global unit volume decreased 9.8% compared to the fourth quarter of 2019.
Yokohama Predicts a Stronger ’21 After Sales Decline in 2020
In Yokohama’s Tires segment, full-year sales revenue and business profit were down from the previous year, but sales of winter tires were robust in the fourth quarter.
Goodyear 2020 Net Sales Decline 16%, But Trending Up
Tire unit volumes in the fourth quarter totaled 37.7 million, down 5% from the prior year’s period.
Goodyear Reports $2M Net Loss, Sales Down 9% in Q3
The company says the decline was driven by lower volume, unfavorable foreign currency translation and reduced sales from other tire-related businesses.
Yokohama Rubber H1 2020: 20.6% Decline in Sales Revenue
Yokohama faced a downturn in unit sales volume and an upturn in unit costs associated with reduced production volume.
Toyo Tire Posts 15.7% Sales Decrease in Q2
Toyo said it is making structural changes and pursuing financial activities with a conservative financial forecast in mind.
Cooper Tire Reports 26.9% Drop in Sales in Q2 Report
The decrease was the result of $183 million of lower unit volume and $2 million of unfavorable foreign currency impact, which were partially offset by $29 million of favorable price and mix, said the company.
Goodyear Q2 Sales Drop 41%, Feeling COVID-19 Impact
Goodyear said declines in Q2 2020 sales and tire unit volumes were driven by lower industry volume and reduced sales from other tire-related businesses.