Cooper Tire’s 2Q Income Declines

Cooper Tire & Rubber Co. said second-quarter earnings at its Cooper Tire division fell to $12 million, or 18 cents a share, from $19 million, or 30 cents, a year ago.

Sales rose 15% to $922 million from $804 million, while its operating profit slipped to $24 million, from $34 million.

North America Tire Operations’ net sales rose 16% to $667 million. International net sales rose 27% to $396 million.