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Tootsie Roll Q1 2025 Earnings Report
Tootsie Roll Industries, Inc. reported a decrease in net sales but an increase in net earnings for the first quarter of 2025.
Key Takeaways
Tootsie Roll Industries, Inc. reported first quarter 2025 net sales of $146,521,000, a 3% decrease from the prior year, but net earnings increased by 14% to $18,058,000, resulting in an EPS of $0.25.
Net sales for Q1 2025 were $146,521,000, a decrease of 3% compared to Q1 2024.
Net earnings for Q1 2025 were $18,058,000, an increase of 14% from Q1 2024.
Earnings per share for Q1 2025 were $0.25, up from $0.22 in Q1 2024.
Gross profit margins benefited from higher price realization, improved manufacturing efficiencies, and cost reductions.
Tootsie Roll
Tootsie Roll
Tootsie Roll Revenue by Geographic Location
Revenue by Geographic Location
North America Revenue
CapyFin.com Forward Guidance
The company anticipates higher cocoa and chocolate costs in the balance of 2025 and into 2026 due to expiring older supply contracts and new higher-cost contracts becoming effective. They will continue to monitor input costs while being mindful of the effects on consumers.
Positive Outlook
- Continued focus on long-term investments in plant manufacturing operations.
- Aim to meet new customer and consumer product demands.
- Efforts to achieve product quality improvements.
- Plans to expand capacity in certain product lines.
- Initiatives to increase operational efficiencies to provide genuine value to consumers.
Challenges Ahead
- Expectation of even higher cocoa and chocolate costs during the balance of 2025 and into 2026.
- Older supply contracts expiring and new contracts at higher costs becoming effective.
- Mindful of the effects and limits when passing on higher input costs to customers and final consumers.
- Uncertainty regarding the effects of U.S. tariffs and possible retaliatory tariffs.
- Potential adverse effects on gross profit margins as the year progresses due to higher cocoa and chocolate costs.