{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-016791","form_type":"8-K","ticker":"TR","cik":"0000098677","company_name":"TOOTSIE ROLL INDUSTRIES INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.497615+00:00","generated_at":"2026-06-09T09:34:11.707965+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Tootsie Roll Q3 net sales up 17% to $248.3M; EPS rises to $0.49 from $0.37","bullets":["Q3 net sales $248.3M (+17% YoY); net earnings $34.4M (+29%); EPS $0.49 vs $0.37.","Nine-month net sales $567.9M (+15%); net earnings $62.5M (+23.6%); EPS $0.89 vs $0.71.","Higher input costs for ingredients/packaging partially offset sales gains; price increases phased in.","Earlier pre-Halloween timing expected to adversely affect Q4 2023 sales and earnings vs Q4 2022.","Share repurchases reduced shares outstanding, providing EPS benefit."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-016791","json":"https://secwatch.observer/filing/0001558370-23-016791.json","markdown":"https://secwatch.observer/filing/0001558370-23-016791.md","text":"https://secwatch.observer/filing/0001558370-23-016791.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98677/000155837023016791/0001558370-23-016791-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98677/000155837023016791/tr-20231025x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:34:11.707965+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1342f127edaa90d19cfe041699d01bb7f0bb26fb","claim":"TOOTSIE ROLL INDUSTRIES INC reported nine months ended September 30, 2023 results: revenue $567,884,000, net income $62,509,000, EPS $0.89.","evidence_excerpt":"Nine months 2023 net sales were $567,884,000 compared to $493,260,000 in nine months 2022, an increase of $74,624,000 or 15%. Nine months 2023 net earnings were $62,509,000 compared to $50,593,000 in nine months 2022, and net earnings per share were $0.89 and $0.71 in nine months 2023 and 2022, respectively, an increase of $0.18 per share or 25%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98677/000155837023016791/0001558370-23-016791-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended September 30, 2023"},{"label":"Revenue","value":"$567,884,000"},{"label":"Net income","value":"$62,509,000"},{"label":"EPS","value":"$0.89"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"463c13d03d4eed1e5e57755d998119f6a75b6ace","claim":"TOOTSIE ROLL INDUSTRIES INC reported the third quarter ended September 30, 2023 results: revenue $248,336,000, net income $34,382,000, EPS $0.49.","evidence_excerpt":"Third quarter 2023 net sales were $248,336,000 compared to $211,888,000 in third quarter 2022, an increase of $36,448,000 or 17%. Third quarter 2023 net earnings were $34,382,000 compared to $26,577,000 in third quarter 2022, and net earnings per share were $0.49 and $0.37 in third quarter 2023 and 2022, respectively, an increase of $0.12 per share or 32%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98677/000155837023016791/0001558370-23-016791-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$248,336,000"},{"label":"Net income","value":"$34,382,000"},{"label":"EPS","value":"$0.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}