secwatch.observer — SEC 8-K summary
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Issuer:     TOOTSIE ROLL INDUSTRIES INC (TR)
CIK:        0000098677
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001558370-22-001207
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tootsie Roll Q4 net sales +30% YoY to $166.6M; EPS $0.30 vs $0.22
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- Q4 2021 net sales $166.6M (+30% YoY); net earnings $20.0M, EPS $0.30 (up 36%).
- FY 2021 net sales $566.0M (+21% YoY); net earnings $65.3M, EPS $0.97 (up 13%).
- Price increases started Q4 2021 and more announced for H1 2022 to offset higher input costs.
- Expect continued cost inflation in 2022; margins may not fully recover to historical norms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98677/000155837022001207/0001558370-22-001207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98677/000155837022001207/tr-20220215x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-001207

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