secwatch.observer — SEC 8-K summary
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Issuer:     GOODYEAR TIRE & RUBBER CO /OH/ (GT)
CIK:        0000042582
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001193125-25-114964
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Goodyear Q1 net income swings to $115M; completes Dunlop sale for $735M
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- Q1 net sales $4.3B, tire units 38.5M; net income $115M ($0.40 diluted EPS) vs net loss $57M (-$0.20) YoY.
- Adjusted net loss $11M (-$0.04 diluted EPS) vs adjusted net income $29M ($0.10) in prior year.
- Segment operating income $195M, down $52M YoY; Goodyear Forward contributed $200M in benefits.
- Completed Dunlop brand sale to Sumitomo Rubber for $735M ($526M brand, $105M fee, $104M inventory).
- Reaffirmed targets: segment operating margin 10% and leverage 2.0x-2.5x by Q4 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42582/000119312525114964/0001193125-25-114964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42582/000119312525114964/d947587d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-114964

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer