TOOTSIE ROLL INDUSTRIES INC (TR) Tootsie Roll Industries, Inc. is a long-standing confectionery business that produces and markets a wide variety of sweet treats. Its operations extend across the United States, Canada, Mexico, and numerous other countries worldwide. The company is renowned for an extensive lineup of popular brands, such as Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop. To distribute its products, Tootsie Roll utilizes a broad network of sales channels. These include direct sales to wholesale distributors of candy, food, and groceries, as well as major retail outlets like supermarkets, variety stores, dollar stores, chain grocers, drugstores, and discount chains. The company also supplies cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, online merchants, the United States military, and charitable fundraising groups, often facilitated by food and grocery brokers. Founded in 1896, Tootsie Roll Industries, Inc. is headquartered in Chicago, Illinois.
Sector: Sugar & Confectionery Products
Industry: Food Confectioners
Tootsie Roll Industries, Inc. NYSE:TR Consumer Defensive · Food Confectioners
Mkt Cap $2.6B
Div Yield 1.04%
AH Close $34.54 +0.00% vs close
AH Close $34.54 +0.00% vs close
Mkt Cap $2.6B
Div Yield 1.04%
All Press Release SEC Filings News
SEC Filing ● Major ⚠ 4
TR: 8-K · earnings release
Tootsie Roll Industries reported Q3 2026 net sales of $227.2 million, down 1% from $230.6 million a year ago, but net earnings fell sharply to $23.2 million from $35.7 million, with EPS down 35% to $0.31 from $0.48.
The company attributed the earnings decline to sales timing between Q3 and Q4 (including seasonal Halloween sales), higher cocoa, chocolate, packaging and energy costs, elevated freight and diesel surcharges, and significantly increased advertising and trade promotion spending.
Management expects freight costs to remain elevated through Q4 and likely into 2027, though cocoa costs improved versus the first half of 2026. The company also closed a small acquisition of the Mexico-based Winis brand on September 1, 2026, which added roughly $1.3 million in Q3 acquisition expenses but was not material to results.
SEC 8-K • 4d ago AI analysis › SEC Filing ⚠ 1
TR: 8-K · acquisition merger
Tootsie Roll Industries disclosed in an 8-K (Item 7.01) that its Mexican subsidiary, Tutsi, S.A. de C.V., completed the acquisition of The Klass Company's confectionery business in Mexico on September 1, 2026, picking up the Winis brand in the process.
The acquired business is expected to complement Tootsie Roll's existing Mexico confectionery operations, which center on the Tutsi Pop brand. Notably, the company reported the deal under Regulation FD rather than the standard acquisitions item and disclosed no purchase price or financial terms.
For investors, this is a modest bolt-on international expansion for the candy maker rather than a transformational deal; deal economics should surface in upcoming quarterly filings.
SEC 8-K • 1mo ago SEC Filing ● Major ⚠ 8
TR: 10-Q · periodic report
Tootsie Roll Industries' second-quarter 2026 EPS fell 21.7% to $0.18 from $0.23 a year ago, and the quarter swung to an operating loss of $1.6 million versus $12.1 million of operating income in Q2 2025. Net earnings were $13.3 million on net product sales of $151.9 million, down 0.8% year over year.
The profit deterioration was driven by significantly higher cocoa and chocolate unit costs, elevated freight and energy expenses, and a 14.9% jump in adjusted selling, marketing and administrative spending; adjusted operating earnings dropped 37.7% to $14.3 million. Management expects lower cocoa costs to flow through the supply chain in the second half of 2026 and into 2027.
First-half sales still edged up 0.6% to $301.4 million, helped by 25.1% growth in foreign sales during the quarter, and liquidity remains strong at $572.9 million in cash and investments. The company paid $13.3 million in cash dividends, repurchased 99,533 shares in June at an average $38.36, and is pursuing a $75-85 million plant expansion over the next seven years.
Key risks include the critical-status union pension plan, where a 2025 withdrawal would have cost an estimated $102.8 million, an early-stage IRS audit of the 2022-2024 tax years, and FDA and state actions to phase out synthetic dyes used in many of the company's products, which management expects will raise costs.
SEC 10-Q • 2mo ago AI analysis › SEC Filing ⚠ 3
TR: 8-K · earnings release
Tootsie Roll Industries reported second quarter 2026 net earnings of $13.3 million, or $0.18 per share, down from $17.5 million, or $0.23 per share, in the prior year period. Net sales for the quarter decreased 1% to $151.9 million compared to $153.2 million a year ago.
Management attributed the earnings decline to significantly higher cocoa and chocolate unit costs, elevated energy expenses, and the timing of seasonal sales between quarters. The company noted that while cocoa prices have retreated from 2025 highs, they remain above historical levels.
For the first half of 2026, net sales increased 1% to $301.4 million, while net earnings fell 13% to $31.0 million, or $0.41 per share.
SEC 8-K • 3mo ago AI analysis › Press Release
/C O R R E C T I O N -- Tootsie Roll Industries/
Tootsie Roll Industries issued a corrected press release announcing a new TV spot featuring the iconic Mr. Owl alongside a color-changing chameleon to promote the brand's variety of flavors.
The campaign, developed with agency Schafer Condon Carter and animation studio Calabash, highlights flavors beyond the original chocolate and marks the first time Mr. Owl is seen eating a Tootsie Roll instead of a Tootsie Pop.
This follows the refreshed 'How Many Licks' ad from September 2025, with the company planning to further expand Mr. Owl's role in its portfolio.
• 4mo ago AI analysis › SEC Filing ⚠ 3
TR: 8-K · earnings release
Tootsie Roll Industries reported first quarter 2026 net sales of $149.5 million, a 2% increase compared to the prior year period. The sales growth was attributed to successful marketing and sales programs, though net earnings dipped slightly to $17.7 million from $18.1 million in the first quarter of 2025.
Gross profit margins were pressured by significantly higher cocoa and chocolate unit costs, unfavorable international results, and increased trade promotions. Management noted that while cocoa costs remain above historical levels, they have retreated from 2025 highs and are expected to lower supply chain costs in late 2026 and 2027.
Net earnings benefited from increased investment income but were adversely affected by a higher effective income tax rate of 25.1% compared to 21.6% in the prior year. The higher tax rate primarily reflects the impact of certain deferred compensation that will not be deductible for income taxes when paid in future periods.
SEC 8-K • 6mo ago AI analysis › Recent SEC filings with analysis 
