Tootsie Roll Q1 sales up 2% to $149.5M; EPS flat at $0.24 as cocoa costs weigh

TOOTSIE ROLL INDUSTRIES INC

Q1 net sales $149.5M, +2% YoY; net earnings $17.7M, down from $18.1M in Q1 2025.
EPS unchanged at $0.24 in both quarters.
Gross margin pressured by significantly higher cocoa and chocolate unit costs vs prior year.
Effective tax rate rose to 25.1% from 21.6%, reducing net earnings.
International results and increased trade promotions also hurt Q1 profitability.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TOOTSIE ROLL INDUSTRIES INC reported first quarter ended March 31, 2026 results: revenue $149,488,000, net income $17,661,000, EPS $0.24.

Period: first quarter ended March 31, 2026
Revenue: $149,488,000
Net income: $17,661,000
EPS: $0.24
Result: reported results

Exact text from the filing

First quarter 2026 net sales were $149,488,000 compared to $146,521,000 in first quarter 2025, an increase of $2,967,000 or 2%. First quarter 2026 net earnings were $17,661,000 compared to $18,058,000 in first quarter 2025, and net earnings per share were $0.24 in both first quarter 2026 and 2025.

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Source: SEC EDGAR

accession 0001104659-26-047445

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