Source-grounded facts extracted from TOOTSIE ROLL INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
TOOTSIE ROLL INDUSTRIES INC shareholders approved Approval of Executive Compensation of the Named Executive Officers of the Company at the 2026-05-06 meeting.
“A shareholder advisory on named executive officer compensation for fiscal 2025 was approved by vote of 334,324,217 for the motion and 10,913,870 against the motion. Abstain votes were 154,307 and broker non-votes were 3,041,154.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Ratification of Appointment of Grant Thornton LLP as the Independent Registered Public Accounting Firm of the Company for 2026 at the 2026-05-06 meeting.
“The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for fiscal year ending December 31, 2026 was ratified by a vote of 343,765,144 for the motion and 4,601,904 against the motion. Abstain votes were 66,500 and broker non-votes were 0.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Election of Directors at the 2026-05-06 meeting.
“The six nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders and until their successors are elected and duly qualified. The tabulation of votes was: Votes For Votes Withheld Broker Non-Votes Ellen R. Gordon Virginia L. Gordon 340,344,987 340,634,747 5,047,407 4,757,647 3,041,154 3,041,154 Lana Jane Lewis-Brent 337,645,235 7,747,159 3,041,154 Karen G. Mills 340,952,078 4,440,316 3,041,154 Michael A. Chodos 341,171,309 4,221,085 3,041,154 Paula M. Wardynski 340,760,932 4,631,462 3,041,154”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported first quarter ended March 31, 2026 results: revenue $149,488,000, net income $17,661,000, EPS $0.24.
“First quarter 2026 net sales were $149,488,000 compared to $146,521,000 in first quarter 2025, an increase of $2,967,000 or 2%. First quarter 2026 net earnings were $17,661,000 compared to $18,058,000 in first quarter 2025, and net earnings per share were $0.24 in both first quarter 2026 and 2025.”
Governance Changes
TOOTSIE ROLL INDUSTRIES INC: Added procedural requirements for shareholder director nominations and business proposals, adjusted advance notice window to 90-120 days before anniversary of prior year's meeting, updated provisions for universal proxy rules, clarified meeting notice and adjournment provisions, added Virginia forum (effective 2025-06-02).
“On June 2, 2025, the Board approved and adopted amended and restated Bylaws of the Company (the “Bylaws”), that became immediately effective, which, among other things: (i) added to the Bylaws certain procedural, informational and other requirements to be satisfied in connection with any advance notice relating to director nominations and the presentation of business at shareholder meetings; (ii) adjusted the notice window for shareholders to propose business or nominate directors to be considered at annual meetings to not less than 90 and not more than 120 days before the anniversary of the prior year’s meeting, except in limited circumstances; (iii) updated provisions related to director nominations by shareholders in light of the “universal proxy” rules set forth in Rule 14a-19 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”); (iv) updated and clarified provisions regarding the date, time, place and notice of meetings of shareholders and the Board’s ability”
Karen Gordon Mills was appointed as Director at TOOTSIE ROLL INDUSTRIES INC.
“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”
Karen Gordon Mills was appointed as President at TOOTSIE ROLL INDUSTRIES INC.
“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”
Barre A. Seibert resigned as Director at TOOTSIE ROLL INDUSTRIES INC.
“On January 26, Barre A. Seibert resigned from the Board of Directors of the Company following 20 years of dedicated service.”
Michael Adam Chodos was appointed as Director at TOOTSIE ROLL INDUSTRIES INC.
“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.”
Restructurings & Charges
TOOTSIE ROLL INDUSTRIES INC announced a impairment with charges of between approximately $11 and $12 million.
“The adjustment to the deferred tax assets is expected to result in a non-cash tax charge between approximately $11 and $12 million in fourth quarter 2024.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Ratification of Appointment of Grant Thornton LLP as the Independent Registered Public Accounting Firm of the Company for 2024 at the 2024-05-06 meeting.
“The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for fiscal year ending December 31, 2024 was ratified by a vote of 324,622,122 for the motion and 4,583,684 against the motion. Abstain votes were 51,444 and broker non-votes were 0.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $151,464,000, net income $15,834,000, EPS $0.22.
“First quarter 2024 net sales were $151,464,000 compared to $160,711,000 in first quarter 2023, a decrease of $9,247,000 or 6%. First quarter 2024 net earnings were $15,834,000 compared to $13,401,000 in first quarter 2023, and net earnings per share were $0.22 and $0.19 in first quarter 2024 and 2023, respectively, an increase of $0.03 per share or 16%.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported financial results for the fourth quarter ended December 31, 2023.
“On February 16, 2024, Tootsie Roll Industries, Inc. issued a press release (the "release") announcing its results of operations and financial condition for the fourth quarter ended December 31, 2023.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported nine months ended September 30, 2023 results: revenue $567,884,000, net income $62,509,000, EPS $0.89.
“Nine months 2023 net sales were $567,884,000 compared to $493,260,000 in nine months 2022, an increase of $74,624,000 or 15%. Nine months 2023 net earnings were $62,509,000 compared to $50,593,000 in nine months 2022, and net earnings per share were $0.89 and $0.71 in nine months 2023 and 2022, respectively, an increase of $0.18 per share or 25%.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported the third quarter ended September 30, 2023 results: revenue $248,336,000, net income $34,382,000, EPS $0.49.
“Third quarter 2023 net sales were $248,336,000 compared to $211,888,000 in third quarter 2022, an increase of $36,448,000 or 17%. Third quarter 2023 net earnings were $34,382,000 compared to $26,577,000 in third quarter 2022, and net earnings per share were $0.49 and $0.37 in third quarter 2023 and 2022, respectively, an increase of $0.12 per share or 32%.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported first half of 2023 results: revenue $319,548,000, net income $28,127,000, EPS $0.40.
“First half 2023 net sales were $319,548,000 compared to $281,372,000 in first half 2022, an increase of $38,176,000 or 14%. First half 2023 net earnings were $28,127,000 compared to $24,016,000 in first half 2022, and net earnings per share were $0.40 and $0.34 in first half 2023 and 2022, respectively, an increase of $0.06 per share or 18%.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported second quarter ended June 30, 2023 results: revenue $158,837,000, net income $14,726,000, EPS $0.21.
“Second quarter 2023 net sales were $158,837,000 compared to $142,081,000 in second quarter 2022, an increase of $16,756,000 or 12%. Second quarter 2023 net earnings were $14,726,000 compared to $11,989,000 in second quarter 2022, and net earnings per share were $0.21 and $0.17 in second quarter 2023 and 2022, respectively, an increase of $0.04 per share or 24%.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Approval of the Frequency of Shareholder Votes on Named Executive Officer Compensation at the 2023-05-01 meeting.
“A shareholder advisory on named executive officer compensation will be held every three years by a vote of 12,003,724 for one year, 165,239 for two years and 304,651,364 for three years.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Approval of Executive Compensation of the Named Executive Officers of the Company at the 2023-05-01 meeting.
“A shareholder advisory on named executive officer compensation for fiscal 2022 was approved by vote of 305,626,468 for the motion and 11,309,543 against the motion.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Ratification of Appointment of Grant Thornton LLP as the Independent Registered Public Accounting Firm of the Company for 2023 at the 2023-05-01 meeting.
“The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for fiscal year ending December 31, 2023 was ratified by a vote of 316,147,660 for the motion and 4,418,201 against the motion.”
Shareholder Votes
TOOTSIE ROLL INDUSTRIES INC shareholders approved Election of Directors at the 2023-05-01 meeting.
“The five nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders and until their successors are elected and duly qualified.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported first quarter ended March 31, 2023 results: revenue $160,711,000, net income $13,401,000, EPS $0.19.
“First quarter 2023 net sales were $160,711,000 compared to $139,291,000 in first quarter 2022, an increase of $21,420,000 or 15%. First quarter 2023 net earnings were $13,401,000 compared to $12,027,000 in first quarter 2022, and net earnings per share were $0.19 and $0.17 in first quarter 2023 and 2022, respectively, an increase of $0.02 per share or 12%.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported twelve months ended December 31, 2022 results: revenue $681,440,000, net income $75,937,000, EPS $1.10.
“Twelve months 2022 net sales were $681,440,000 compared to $566,043,000 in twelve months 2021, an increase of $115,397,000 or 20%. Twelve months 2022 net earnings were $75,937,000 compared to $65,326,000 in twelve months 2021, and net earnings per share were $1.10 and $0.94 in twelve months 2022 and 2021, respectively, an increase of $0.16 per share or 17%.”
Earnings Releases
TOOTSIE ROLL INDUSTRIES INC reported fourth quarter ended December 31, 2022 results: revenue $188,180,000, net income $25,344,000, EPS $0.37.
“Fourth quarter 2022 net sales were $188,180,000 compared to $166,598,000 in fourth quarter 2021, an increase of $21,582,000 or 13%. Fourth quarter 2022 net earnings were $25,344,000 compared to $20,032,000 in fourth quarter 2021, and net earnings per share were $0.37 and $0.29 in fourth quarter 2022 and 2021, respectively, an increase of $0.08 per share or 28%.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.