---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-006055"
form_type: "8-K"
ticker: "TR"
cik: "0000098677"
company_name: "TOOTSIE ROLL INDUSTRIES INC"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:26:55.050305+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tootsie Roll Q1 net sales up 37% to $139.3M; EPS $0.17 vs $0.15

## Summary
- Net sales $139.3M, up 37% YoY; net earnings $12.0M ($0.17 EPS) vs $10.8M ($0.15 EPS).
- Revenue growth driven by demand recovery from pandemic and timing of sales from Q4 2021 due to supply chain delays.
- Significantly higher input costs (ingredients, packaging, freight) partially offset sales gains; price increases phased in Q4 2021 and Q1 2022 with more in Q2 2022.
- Supply chain challenges: expanded supplier lead times, delivery delays; possible temporary manufacturing line shutdowns in 2022.
- Effective tax rate 24.0%; share repurchases reduced shares outstanding, benefiting EPS.

## SEC filing metadata
- accession: 0001558370-22-006055
- form_type: 8-K
- ticker: TR
- cik: 0000098677
- company_name: TOOTSIE ROLL INDUSTRIES INC
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/98677/000155837022006055/0001558370-22-006055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98677/000155837022006055/tr-20220426x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-006055
- JSON: https://secwatch.observer/filing/0001558370-22-006055.json
- Plain text: https://secwatch.observer/filing/0001558370-22-006055.txt

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