Tootsie Roll Earnings Reports

Tootsie Roll Industries reported a decrease in net sales and net earnings for the third quarter of 2024. Net sales decreased by 10% to $223.89 million, and net earnings decreased to $32.84 million, with earnings per share at $0.46. The company faced a challenging market as customers became more resistant to higher price realization.

Tootsie Roll Industries reported an increase in net sales and net earnings for the third quarter of 2023. Net sales rose by 17% to $248,336,000, and net earnings increased to $34,382,000, with earnings per share at $0.49.

Tootsie Roll Industries reported a rise in net sales and net earnings for both the fourth quarter and twelve months of 2022, driven by increased demand and higher sales prices. However, significantly higher input costs partially mitigated the benefits of these higher sales.

Tootsie Roll Industries reported a rise in net sales and net earnings for Q3 2022, driven by increased demand and higher sales prices. Net sales increased by 16% to $211,888,000, and net earnings increased to $26,577,000, or $0.39 per share.

Tootsie Roll Industries reported a significant increase in net sales and net earnings for the second quarter of 2022. Net sales increased by 24% to $142,081,000, and net earnings increased by 21% to $11,989,000, with earnings per share rising to $0.17.

Tootsie Roll Industries reported a strong first quarter in 2022, with net sales increasing by 37% to $139,291,000 compared to $101,795,000 in the first quarter of 2021. Net earnings also increased to $12,027,000, up from $10,767,000 in the same period last year, resulting in net earnings per share of $0.17 compared to $0.15 in the previous year.

Tootsie Roll Industries reported a 30% increase in net sales and a 36% increase in net earnings for Q4 2021 compared to Q4 2020. The growth was attributed to effective sales and marketing programs and the favorable effects of economic recovery from the Covid-19 pandemic. However, higher input costs mitigated some of the benefits of increased sales.

Tootsie Roll Industries reported an increase in net sales and net earnings for the third quarter of 2021. Net sales rose by 17% to $183.09 million, while net earnings increased slightly to $24.733 million, resulting in earnings per share of $0.37.

Tootsie Roll Industries reported a significant increase in net sales and net earnings for the second quarter of 2021. Net sales increased by 44% to $114,560,000, and net earnings increased by 27% to $9,794,000, with earnings per share rising to $0.14.

Tootsie Roll Industries reported a slight decrease in net sales and net earnings for the first quarter of 2021 compared to the same period in 2020. Net sales decreased by 1% to $101,795,000, and net earnings decreased to $10,767,000, with earnings per share at $0.16.

Tootsie Roll Industries reported a decrease in net sales but an increase in net earnings for the fourth quarter of 2020. Net sales decreased by 5% to $127.87 million, while net earnings increased to $14.95 million, with earnings per share rising to $0.23.

Tootsie Roll Industries reported a decrease in net sales and net earnings for Q3 2020, primarily due to the adverse effects of the Covid-19 pandemic. Net sales decreased by 14%, and net earnings decreased by 16% compared to Q3 2019.

Tootsie Roll Industries reported a decrease in net sales and net earnings for the second quarter of 2020, primarily due to the adverse effects of the Covid-19 pandemic, which led to closures of businesses and changes in consumer shopping habits.

Tootsie Roll Industries reported a 2% increase in net sales and a 38% increase in net earnings for the first quarter of 2020. Net sales reached $102,803,000, while net earnings amounted to $11,982,000, or $0.18 per share.