Goodyear Tire & Rubber — Aug 5, 2026 release

In July, the company announced the planned closure of its Fayetteville, North Carolina, facility as part of its strategy to align its footprint with its evolving product portfolio and improve the competitiveness of its manufacturing network in the Americas. This action is expected to generate approximately $90 million of Americas SOI improvement in 2027 and approximately $270 million annually beginning in 2028. Total pre-tax charges are expected to be between $535 million and $565 million, including $190 million to $210 million of cash costs, with the action expected to be substantially completed by the end of 2027. 4 EMEA Second Quarter Six Months (In millions) 2026 2025 2026 2025 Tire Units 11.2 11.3 22.4 23.6 Net Sales $1,372 $1,344 $2,735 $2,621 Segment Operating Income (Loss) $(17) $(25) $(16) $(30) Segment Operating Margin (1.2)% (1.9)% (0.6%) (1.1)% EMEA’s second quarter 2026 net sales of $1.4 billion increased 2.1% from second quarter 2025, driven by benefits from price/mix and currency, partly offset by lower tire volume, inclusive of the sale of the Dunlop brand. Replacement unit volume decreased 7.1%, driven by consumer market softness, increased competition and the planned rationalization of lower-tier product offerings. OE tire unit volume increased 8. 3 %, reflecting the tenth consecutive quarter of consumer market share gains. Second quarter segment operating loss was $17 million , improving $8 million from the prior year. Excluding the impact of the sale of the Dunlop brand, EMEA's segment operating income increased $20 million driven by benefits from p