Stock events for Tootsie Roll Industries, Inc. (TR)
In 2024, Tootsie Roll Industries' revenue and earnings decreased. In Q1 2025, net income rose by 14% due to cost-cutting measures, despite a sales fall. Q2 2025 saw a 3.0% increase in GAAP net sales and a 12.2% rise in net earnings. Q3 2025 results showed sales and earnings rising year-on-year, boosted by seasonal demand. The company's share price fell nearly 14% in the week leading up to October 26, 2025, but shareholders have enjoyed a 29% total return over the past year.
Demand Seasonality affecting Tootsie Roll Industries, Inc.’s stock price
Demand for Tootsie Roll Industries' products exhibits clear seasonality. The company capitalizes on seasonal and holiday sales, designing special packaging and limited-edition products for occasions such as Halloween, Christmas, Valentine's Day, and Easter, leading to a spike in sales.
Overview of Tootsie Roll Industries, Inc.’s business
Tootsie Roll Industries, Inc. operates in the consumer staples sector, specifically in the confectionery industry, manufacturing and selling a wide array of confectionery products, including Tootsie Rolls, Tootsie Pops, Andes Chocolate Mints, and Junior Mints, with some sugar-free options available.
TR’s Geographic footprint
Tootsie Roll Industries markets its brands internationally, with operations in the United States, Canada, Mexico, and over 75 other countries. The company's headquarters are in Chicago, Illinois, with manufacturing facilities in Mexico City, Cambridge, Massachusetts, and Spain. Products are sold directly to various distributors, retailers, and e-commerce merchants.
TR Corporate Image Assessment
Tootsie Roll Industries benefits from strong brand recognition and a legacy of iconic products. The company leverages nostalgia by maintaining timeless packaging and flavors. In September 2025, Tootsie Roll Industries sued "Tootsi Impex" for trademark infringement.
Ownership
Individual insiders own 70% of Tootsie Roll Industries, with institutional shareholders holding 18.38% and retail investors 5.60%. Ellen R. Gordon, the company's CEO, is the largest individual shareholder, owning 44.38% of the company. Major institutional shareholders include BlackRock, Inc. and The Vanguard Group Inc.
Ask Our Expert AI Analyst
Price Chart
$36.96
