---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-013753"
form_type: "8-K"
ticker: "TR"
cik: "0000098677"
company_name: "TOOTSIE ROLL INDUSTRIES INC"
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T17:12:44.422418+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tootsie Roll Q3 sales up 17% to $183M, cost pressures limit EPS gain to 3%

## Summary
- Q3 net sales $183.1M, up 17% YoY; net earnings $24.7M, EPS $0.37 vs $0.36 (up 3%).
- Nine-month sales $399.4M (+18%), net earnings $45.3M, EPS $0.67 vs $0.64 (+5%).
- Higher ingredient, packaging, and freight costs offset sales gains; gross margins declined.
- Company implementing price increases in Q4 2021/early 2022; expects cost headwinds to continue through 2022.
- LIFO accounting accelerates cost recognition; stock buybacks helped EPS despite margin pressure.

## SEC filing metadata
- accession: 0001558370-21-013753
- form_type: 8-K
- ticker: TR
- cik: 0000098677
- company_name: TOOTSIE ROLL INDUSTRIES INC
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/98677/000155837021013753/0001558370-21-013753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98677/000155837021013753/tr-20211028x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-013753
- JSON: https://secwatch.observer/filing/0001558370-21-013753.json
- Plain text: https://secwatch.observer/filing/0001558370-21-013753.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.