{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-047445","form_type":"8-K","ticker":"TR","cik":"0000098677","company_name":"TOOTSIE ROLL INDUSTRIES INC","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.971140+00:00","generated_at":"2026-05-15T04:46:59.065776+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Tootsie Roll Q1 sales up 2% to $149.5M; EPS flat at $0.24 as cocoa costs weigh","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-047445","json":"https://secwatch.observer/filing/0001104659-26-047445.json","markdown":"https://secwatch.observer/filing/0001104659-26-047445.md","text":"https://secwatch.observer/filing/0001104659-26-047445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98677/000110465926047445/0001104659-26-047445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98677/000110465926047445/tr-20260422x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:46:59.065776+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d5c3f3e4231f96fa9751e5217746a32db2d5d99c","claim":"TOOTSIE ROLL INDUSTRIES INC reported first quarter ended March 31, 2026 results: revenue $149,488,000, net income $17,661,000, EPS $0.24.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98677/000110465926047445/0001104659-26-047445-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$149,488,000"},{"label":"Net income","value":"$17,661,000"},{"label":"EPS","value":"$0.24"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}