TOOTSIE ROLL INDUSTRIES INC (TR) Form 8-K — Oct 22, 2026
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.
Key figures
- Eps
- 0.31
- Revenue
- 227163000
- Net Income
- 23216000
- Revenue Yoy
- -1% (Q3); nine-month sales $528,594,000 vs $530,325,000
- Q3 2025 eps
- 0.48
- Eps change pct
- -35
- Nine month eps
- 0.72
- Q3 2025 net sales
- 230614000
- Nine month eps 2025
- 0.95
- Q3 2025 net earnings
- 35659000
- Acquisition expenses q3
- 1300000
- Nine month net earnings
- 54224000
- Q3 2026 effective tax rate
- 25.6%
- Nine month net earnings 2025
- 71261000
- Acquisition expenses nine months
- 2500000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.