secwatch.observer — SEC 8-K summary
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Issuer:     TOOTSIE ROLL INDUSTRIES INC (TR)
CIK:        0000098677
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0000098677-21-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tootsie Roll Q2 net sales surge 44% to $114.6M; EPS rises to $0.14 from $0.11
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- Q2 2021 net sales $114.6M (+44% YoY); net earnings $9.8M, EPS $0.14 (+27%).
- First half 2021 net sales $216.4M (+18% YoY); EPS $0.30 vs $0.28.
- Q2 2021 sales exceeded pre-pandemic Q2 2019 by 8%.
- Rising costs for ingredients, packaging, freight pressuring margins; price increases being phased in during H2 2021.
- After-tax foreign exchange losses of $176k in H1 2021 vs prior-year gains of $1.22M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98677/000009867721000008/0000098677-21-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98677/000009867721000008/tr-20210722x8k.htm
  HTML page:      https://secwatch.observer/filing/0000098677-21-000008

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