---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-011109"
form_type: "8-K"
ticker: "TR"
cik: "0000098677"
company_name: "TOOTSIE ROLL INDUSTRIES INC"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:30:55.574343+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tootsie Roll Q2 net sales up 24% to $142.1M; EPS $0.17 vs $0.14 YoY

## Summary
- Q2 net sales $142.1M (+24% YoY); net earnings $11.99M (+21%); EPS $0.17 vs $0.14.
- First-half net sales $281.4M (+30% YoY); net earnings $24.0M (+21%); EPS $0.35 vs $0.29.
- Higher input costs for ingredients, packaging, freight dented margins; supply chain challenges persist.
- Price increases phased in late 2021 and Q1 2022 partially offset cost inflation; further pricing planned.
- Favorable FX and share buybacks aided earnings; effective tax rate 24.4% (Q2) vs 25.5% a year ago.

## SEC filing metadata
- accession: 0001558370-22-011109
- form_type: 8-K
- ticker: TR
- cik: 0000098677
- company_name: TOOTSIE ROLL INDUSTRIES INC
- filed_at: 2022-07-27T23:59:59+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/98677/000155837022011109/0001558370-22-011109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98677/000155837022011109/tr-20220726x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-011109
- JSON: https://secwatch.observer/filing/0001558370-22-011109.json
- Plain text: https://secwatch.observer/filing/0001558370-22-011109.txt

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