Goodyear Tire & Rubber Co Says Proposed Plan To Change Co's Operating Model To Third-Party Distribution, Retail Sales Model Instead Of Co-Owned Approach
Portfolio Pulse from Benzinga Newsdesk
Goodyear Tire & Rubber Co has proposed a plan to change its operating model to a third-party distribution and retail sales model, moving away from its co-owned approach, according to an SEC filing.
September 22, 2023 | 8:42 pm
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NEUTRAL IMPACT
Goodyear's proposed shift to a third-party distribution model could potentially impact its operational efficiency and profitability.
The proposed change in Goodyear's business model could potentially lead to changes in its operational efficiency and profitability. However, the exact impact will depend on the execution of the new model and the response of its partners and customers.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100