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Goodyear Tire & Rubber — Aug 5, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-053379
Open on SEC.gov ↗
Showing in the filing
Cash costs
“$190 million to $210 million”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 8
Manufacturing footprint optimization expecte… for FY2028
“~$270 million”
Americas SOI improvement for FY2027
“approximately $90 million”
Fayetteville facility closure - expected Ame… for FY2027
“approximately $90 million”
Americas SOI improvement for FY2028
“approximately $270 million annually”
Fayetteville facility closure - expected Ame… for FY2028
“approximately $270 million annually”
Total pre-tax charges
“between $535 million and $565 million”
Cash costs
“$190 million to $210 million”
Fayetteville facility closure - expected com… for FY2027
“substantially completed by the end of 2027”
Exhibit 99.1 · the passage around this item
… earlier in the release
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 price/mix versus raw materials and Goodyear Forward, partly offset by higher costs, inflation and the impact of lower volume. ASIA PACIFIC
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.