{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-013590","form_type":"8-K","ticker":"TR","cik":"0000098677","company_name":"TOOTSIE ROLL INDUSTRIES INC","filed_at":"2024-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.476986+00:00","generated_at":"2026-05-30T10:53:31.320611+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Tootsie Roll Q3 net sales down 10% to $223.9M; EPS $0.46 vs $0.48","bullets":["Net sales $223.9M, down 10% YoY; net earnings $32.8M, down 4%; EPS $0.46 vs $0.48.","Nine-month net sales $524.2M, down 8%; net earnings $64.3M, up 3%; EPS $0.90 vs $0.87.","Management cites customer resistance to higher prices and timing shift between Q3 and Q4 as sales headwinds.","Cocoa and chocolate costs rising; expects adverse effects on margins in Q4 2024 and 2025.","Gross profit margins improved from price realization and plant efficiencies, but lower volumes pressured results."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-013590","json":"https://secwatch.observer/filing/0001558370-24-013590.json","markdown":"https://secwatch.observer/filing/0001558370-24-013590.md","text":"https://secwatch.observer/filing/0001558370-24-013590.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98677/000155837024013590/0001558370-24-013590-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98677/000155837024013590/tr-20241023x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:53:31.320611+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"}