Karen Gordon Mills
On June 2, 2025, the Board of Directors (the “Board”) of Tootsie Roll Industries, Inc. (the “Company”) appointed Karen Gordon Mills to serve as President and as a director of the Company
Highest-materiality recent filing
All six director nominees elected; highest vote count: Michael A. Chodos with 341,171,309 for, 4,221,085 withheld.
Tootsie Roll Q1 sales up 2% to $149.5M; EPS flat at $0.24 as cocoa costs weigh
Q1 net sales $149.5M, +2% YoY; net earnings $17.7M, down from $18.1M in Q1 2025.
Tootsie Roll Q4 EPS $0.40 (+29% YoY); FY sales up 1% to $724.7M; cocoa costs easing
Q4 EPS $0.40 vs $0.31 YoY (+29%); net sales $194.4M, up 2%.
Tootsie Roll Q3 EPS $0.49 vs $0.45; sales up 3% to $230.6M
Q3 2025 net sales $230.6M (+3% YoY); net earnings $35.7M; EPS $0.49 (+9% YoY).
Tootsie Roll Q2 EPS $0.24 vs $0.21; revenue up 3% to $153M; warns of higher cocoa costs
Q2 net sales $153.19M (+3% YoY); net earnings $17.54M, EPS $0.24 (+14% vs $0.21).
Tootsie Roll names Karen Gordon Mills as President and director
Mills appointed President and director effective June 2, 2025; base salary $999,000.
Tootsie Roll shareholders elect directors and ratify Grant Thornton as auditor for 2025
All five director nominees elected, including Ellen R. Gordon (330.9M votes for) and Virginia L. Gordon (331.0M).
Tootsie Roll Q1 2025 net sales down 3% to $146.5M; EPS up 14% to $0.25
Net sales $146.5M (down 3% YoY); net earnings $18.1M (up 14% YoY); EPS $0.25 vs $0.22.
Tootsie Roll adopts insider trading policy with pre-clearance requirements
Adopted Insider Trading Policy on March 21, 2025.
Tootsie Roll Q4 EPS $0.32, sales down 2%; adjusted earnings up 14% after $11M write-off
Q4 net sales $191.4M (-2% YoY); net earnings $22.5M (-22%); diluted EPS $0.32 vs $0.41.
Tootsie Roll appoints Michael Chodos to board; Barre Seibert resigns after 20 years
Michael Adam Chodos, 66, joined board on Jan 27 and appointed to Audit and Compensation Committees.
Board revoked 2018 authorization to preserve tax deductibility of deferred compensation under Section 162(m) due to IRS interpretations and account growth.
Tootsie Roll Q3 net sales down 10% to $223.9M; EPS $0.46 vs $0.48
Net sales $223.9M, down 10% YoY; net earnings $32.8M, down 4%; EPS $0.46 vs $0.48.
Tootsie Roll Q2 net sales fall 6% to $148.8M; EPS up 10% to $0.22
Q2 2024 net sales $148.8M, down 6% YoY; net earnings $15.6M, EPS $0.22 vs $0.20.
Tootsie Roll shareholders elect directors and ratify Grant Thornton for 2024
Five director nominees elected with 317-322M votes for each; broker non-votes ~3.4M.
Tootsie Roll Q1 net sales down 6% to $151.5M; EPS rises 16% to $0.22
Net earnings of $15.8M ($0.22 EPS) vs $13.4M ($0.19 EPS) in Q1 2023, a 16% increase.
Tootsie Roll Q4 net sales up 4% to $195M; FY 2023 EPS $1.32 (+23%)
Q4 net sales $195.4M (+4% YoY); net earnings $29.4M ($0.42 EPS vs $0.36).
Tootsie Roll Q3 net sales up 17% to $248.3M; EPS rises to $0.49 from $0.37
Q3 net sales $248.3M (+17% YoY); net earnings $34.4M (+29%); EPS $0.49 vs $0.37.
Tootsie Roll Q2 net sales up 12% to $158.8M; EPS $0.21 vs $0.17, +24% YoY
Q2 net sales $158.8M (+12% YoY); net earnings $14.7M; EPS $0.21 (+24% vs $0.17).
Tootsie Roll shareholders re-elect all 5 directors, approve auditor and say-on-pay
All five director nominees received over 311 million votes for; broker non-votes ~3.6 million.
Tootsie Roll Q1 net sales up 15% to $160.7M; EPS $0.19 vs $0.17; input costs pressure margins
Net sales $160.7M (+15% YoY); net earnings $13.4M (+11.4%); EPS $0.19 vs $0.17.
Tootsie Roll Q4 net sales up 13% to $188.2M; FY sales +20% to $681.4M
Q4 2022 net sales $188.2M (+13% YoY); net earnings $25.3M ($0.37 EPS) vs $20.0M ($0.29) in Q4 2021.
Tootsie Roll Q3 sales up 16% to $211.9M; EPS $0.39 vs $0.36
Q3 net sales $211.9M (+16% YoY), net earnings $26.6M (+8%), EPS $0.39 vs $0.36.
Tootsie Roll Q2 net sales up 24% to $142.1M; EPS $0.17 vs $0.14 YoY
Q2 net sales $142.1M (+24% YoY); net earnings $11.99M (+21%); EPS $0.17 vs $0.14.
Tootsie Roll shareholders re-elect all director nominees; ratify auditor Grant Thornton
Five directors re-elected: Ellen R. Gordon, Virginia L. Gordon, Barre A. Seibert, Lana Jane Lewis-Brent, Paula M. Wardynski.
Tootsie Roll Q1 net sales up 37% to $139.3M; EPS $0.17 vs $0.15
Net sales $139.3M, up 37% YoY; net earnings $12.0M ($0.17 EPS) vs $10.8M ($0.15 EPS).
Tootsie Roll Q4 net sales +30% YoY to $166.6M; EPS $0.30 vs $0.22
Q4 2021 net sales $166.6M (+30% YoY); net earnings $20.0M, EPS $0.30 (up 36%).
Tootsie Roll Board halts additional excess benefit accruals for CEO Ellen Gordon effective Jan 2022
Board amended Post-2004 Excess Benefit Plan to allow excluding employees or discontinuing employer credits.
Tootsie Roll Q3 sales up 17% to $183M, cost pressures limit EPS gain to 3%
Q3 net sales $183.1M, up 17% YoY; net earnings $24.7M, EPS $0.37 vs $0.36 (up 3%).
Tootsie Roll Q2 net sales surge 44% to $114.6M; EPS rises to $0.14 from $0.11
Q2 2021 net sales $114.6M (+44% YoY); net earnings $9.8M, EPS $0.14 (+27%).
On June 2, 2025, the Board of Directors (the “Board”) of Tootsie Roll Industries, Inc. (the “Company”) appointed Karen Gordon Mills to serve as President and as a director of the Company
On June 2, 2025, the Board of Directors (the “Board”) of Tootsie Roll Industries, Inc. (the “Company”) appointed Karen Gordon Mills to serve as President and as a director of the Company
On January 27, Michael Adam Chodos, age 66, joined the Board of Directors of the Company and was appointed to the Audit and Compensation Committees.
On January 26, Barre A. Seibert resigned from the Board of Directors of the Company following 20 years of dedicated service.
Max materiality 0.75 · Median 0.65 · Most common event earnings