TOOTSIE ROLL INDUSTRIES INC (TR) Form 8-K — Apr 23, 2026
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.
Key figures
- Eps
- 0.24
- Revenue
- 149488000
- Net Income
- 17661000
- Revenue Yoy
- 2%
Price after filing
Close on the filing date to close N calendar days later (from $42.61). Historical, not a forecast.
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