Tootsie Roll Q4 EPS $0.32, sales down 2%; adjusted earnings up 14% after $11M write-off

TOOTSIE ROLL INDUSTRIES INC

Q4 net sales $191.4M (-2% YoY); net earnings $22.5M (-22%); diluted EPS $0.32 vs $0.41.
Full-year net sales $715.5M (-6% YoY); net earnings $86.8M (-5%); EPS $1.22 vs $1.28.
Nonrecurring $11.0M deferred tax asset write-off reduced reported net earnings.
Excluding write-off, adjusted Q4 net earnings $33.5M (+14%) and full-year $97.8M (+6%).
Management warns cocoa/chocolate costs will rise in 2025 as older supply contracts expire.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.