Recent Updates — TROLB

Tootsie Roll Industries reported third-quarter net sales of $227.2 million and net earnings per share of $0.31 for the period ended September 30, 2026. Both metrics declined compared to the same period in 2025, with EPS dropping 35% from $0.48. The company cited adverse impacts from sales timing shifts ahead of Halloween and higher input costs for cocoa, chocolate, and packaging materials. Tootsie Roll Industries manufactures confectionery products.

Tootsie Roll Industries reported second quarter 2026 net sales of $151.9 million, a 1% decrease from $153.2 million in the prior year. Second quarter net earnings fell to $13.3 million, with earnings per share of $0.18 compared to $0.23 in 2025. For the first half of 2026, net sales rose 1% to $301.4 million, while net earnings decreased to $31.0 million, resulting in earnings per share of $0.41 versus $0.47 in 2025. Management attributed the decline in earnings to higher cocoa and chocolate unit costs, increased trade promotions, elevated energy costs affecting freight and packaging, and unfavorable international results. The company expects lower cocoa and chocolate costs in the second half of 2026 and into 2027. The company operates in the confectionery industry and manufactures candy products.