earnings
confidence high
sentiment neutral
materiality 0.55
Tootsie Roll Q1 2025 net sales down 3% to $146.5M; EPS up 14% to $0.25
TOOTSIE ROLL INDUSTRIES INC
- Net sales $146.5M (down 3% YoY); net earnings $18.1M (up 14% YoY); EPS $0.25 vs $0.22.
- Gross margins improved from price hikes and efficiencies, but higher cocoa/chocolate costs expected in later 2025 and 2026.
- Company continues share buybacks; shares outstanding reduced over past 12 months.
- Tariff uncertainty on ingredients from outside USMCA; management says effects not ascertainable yet.