Tootsie Roll Industries, Inc. (TR)

In July 2025, Tootsie Roll Industries reported a 3.0% year-over-year increase in GAAP revenue and a 12.2% rise in net earnings for Q2 2025. In September 2025, CEO Ellen Gordon's holdings value saw a 3.0% drop. In October 2025, Tootsie Roll Industries announced Q3 2025 results with year-on-year increases in sales and earnings, but the share price experienced a nearly 14% decline over one week. As of November 2025, the stock price was approximately $39.37 per share, marking a 25.47% increase from the previous year. In December 2025, Tootsie Roll underperformed the S&P 500 (SPY). By December 30, 2025, the share price was $36.82, representing a 17.30% increase from December 31, 2024. The company anticipates higher cocoa and chocolate costs in 2025, which may impact future margins.

Tootsie Roll Industries experiences demand seasonality, with a notable increase in sales during the third quarter due to pre-Halloween and back-to-school purchasing. The company builds inventories and increases its seasonal workforce during the second and third quarters. Other holidays such as Christmas, Valentine's Day, and Easter also contribute to seasonal impacts. Seasonal demand played a key role in the company's strong Q3 2025 performance.

Tootsie Roll Industries, Inc. is an American confectionery manufacturer founded in 1896. The company operates in the sweet and savory snacks industry within the Consumer Staples sector. Tootsie Roll Industries is known for its portfolio of iconic candy brands, including Tootsie Roll, Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, and others. The company aims to delight consumers with classic, high-quality, and accessible candy.

Tootsie Roll Industries' principal markets are the United States, Canada, and Mexico, with international distribution in over 75 countries. The majority of its revenue is generated from the United States. Most of the production from its Canadian plants is sold in the U.S., while the majority of production from its Mexican plant is sold within Mexico. The company's headquarters are located in Chicago, Illinois.

Tootsie Roll Industries maintains a strong brand reputation built on its portfolio of iconic products and their nostalgic appeal. The company's brands have sustained consumer recognition across generations, fostering emotional connections and consumer loyalty. The brand effectively leverages its long history and nostalgic appeal, particularly during holidays and in advertising campaigns. The company's consistent quality and approachable pricing have solidified its position as a trusted name in the confectionery market.

Tootsie Roll Industries has a unique ownership structure, with significant control held by the Gordon family. Ellen R. Gordon, the Chairman and CEO, is the largest individual shareholder. Insiders, primarily the Gordon family, collectively control over three-quarters of the outstanding shares. Leigh Weiner is noted as the second-largest individual shareholder. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors Lp. Institutional investors collectively hold approximately 16% to 19.1% of the company's stock.