The Goodyear Tire & Rubber Company (GT) Q2 2023 Earnings Call Transcript

The Goodyear Tire & Rubber Company (NASDAQ:GT) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET

Company Participants

Richard Kramer - Chairman and CEO
Christina Zamarro - CFO

Conference Call Participants

John Healy - Northcoast Research
Emmanuel Rosner - Deutsche Bank
Rod Lache - Wolfe Research

Operator

Good morning. My name is Nicky, and I will be your conference operator today. At this time, I would like to welcome everyone to Goodyear's Second Quarter 2023 Earnings Call. [Operator Instructions]

Today, on the call, we have Rich Kramer, Goodyear's Chairman and Chief Executive Officer; and Christina Zamarro, Chief Financial Officer.

During this call, Goodyear will refer to forward-looking statements and non-GAAP financial measures. Forward-looking statements involve risks, assumptions and uncertainties that could cause actual results to differ materially from those forward-looking statements. For more information on the most significant factors that could affect future results, please refer to the important disclosures section of Goodyear's second quarter 2023 investor letter and their filings with the SEC, which can be found on their website at investor.goodyear.com, where a replay of this call will also be available. A reconciliation of the non-GAAP financial measures that may be discussed on today's call to the comparable GAAP measures is also included in the investor letter.

This call will focus on questions and answers.

Question-and-Answer Session

Operator

[Operator Instructions] And we'll take our first question from James Picariello with BNP Paribas. Please, go ahead.

Unidentified Analyst

Hi, guys. This is [Jake] calling in for James. First, I just want to talk about is the third quarter bridge items. So if I work through those, we get to about $300 million SOI in 3Q. I just want to make sure that I'm thinking about that right. And then looking at full year it looks like the implied guide, it's about [indiscernible] million. So, can you just talk about some of the puts