secwatch.observer — SEC 8-K summary
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Issuer:     TOOTSIE ROLL INDUSTRIES INC (TR)
CIK:        0000098677
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001558370-25-000885
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98677/000155837025000885/0001558370-25-000885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98677/000155837025000885/tr-20250212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000885

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