Goodyear's shares dropped 10.8% after the company highlighted weaker-than-expected demand in the Americas, margin pressure, and a cautious outlook driven by geopolitical uncertainty and ongoing industry headwinds.

• Americas segment faced significant weakness due to declining consumer and commercial demand, retailer and distributor destocking, and elevated manufacturer promotions.
• Consumer OE demand in the Americas declined alongside lower OEM production; however, Goodyear gained approximately 2 points of OE market share.
• Strategic portfolio rationalization and pricing discipline limited volume losses but weighed on near-term growth.
• EMEA and Asia Pacific segments showed some operating income growth and margin improvement, supported by market share gains and premium product focus.
• Management emphasized persistent uncertainty from geopolitical conflict impacting raw materials, consumer demand, and potential supply chain disruption, signaling caution for upcoming quarters.