secwatch.observer — SEC 8-K summary
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Issuer:     TOOTSIE ROLL INDUSTRIES INC (TR)
CIK:        0000098677
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001104659-26-047445
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98677/000110465926047445/0001104659-26-047445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98677/000110465926047445/tr-20260422x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-047445

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer