Financial
Goodyear Reports Q4, Full-Year 2019 Results
Goodyear's fourth quarter 2019 sales were $3.7 billion, down 4% from a year ago.
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Goodyear's fourth quarter 2019 sales were $3.7 billion, down 4% from a year ago.
Valvoline will use net proceeds from this offering to fund the redemption of all of its outstanding Senior Notes due 2024.
MPA reports strong positive cash flow; sales up 12 percent for the nine months.
The company reported fourth quarter comparable store sales increase of 4.4%, full-year increase of 4%.
The company reported net income of $73 million and earnings per diluted share of 39 cents.
The company initiated full-year EPS guidance in a range of $7.65 to $8.05 per share.
In North America, despite production volume increase and sales expansion, currency exchange loss led to decrease in revenue.
Net income for 2019 was $424.7 million, down 3%.
The company reported U.S. GAAP revenue of $14.4 billion, a decrease of 1%.
The company delivered a third quarter sales increase of 6.2%, to a record $329.3 million.
