{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-010134","form_type":"8-K","ticker":"TR","cik":"0000098677","company_name":"TOOTSIE ROLL INDUSTRIES INC","filed_at":"2024-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.492527+00:00","generated_at":"2026-05-31T16:35:58.289014+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Tootsie Roll Q2 net sales fall 6% to $148.8M; EPS up 10% to $0.22","bullets":["Q2 2024 net sales $148.8M, down 6% YoY; net earnings $15.6M, EPS $0.22 vs $0.20.","First half 2024 net sales $300.3M, down 6%; net earnings $31.5M, EPS $0.44 vs $0.39.","Management cites customer resistance to higher prices and inventory adjustments as sales headwinds.","Gross margins improved from price realization and manufacturing efficiencies; lower volume hurt.","Cocoa/chocolate costs rising; expected to pressure margins in H2 2024 and 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-010134","json":"https://secwatch.observer/filing/0001558370-24-010134.json","markdown":"https://secwatch.observer/filing/0001558370-24-010134.md","text":"https://secwatch.observer/filing/0001558370-24-010134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98677/000155837024010134/0001558370-24-010134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98677/000155837024010134/tr-20240724x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T16:35:58.289014+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}