Stock events for Tootsie Roll Industries, Inc. (TR)
In the past six months, Tootsie Roll Industries' stock experienced a 103-for-100 stock split on March 5, 2026. The company reported its first-quarter 2026 results with modest sales growth but faced margin pressure. Net product sales increased by 2.0% year-over-year to $149.49 million, driven by strong domestic market performance. Net earnings for Q1 2026 were $17.66 million, a 2.2% decline compared to the prior-year quarter. The company anticipates lower cocoa and chocolate costs to positively impact results in late 2026 and into 2027 and is undertaking a multi-year plant expansion. As of May 8, 2026, the stock price was $42.50, having fallen by -0.562% on that day, but was up 1.58% over the preceding two weeks and had increased 33.32% in one year.
Demand Seasonality affecting Tootsie Roll Industries, Inc.’s stock price
Demand for Tootsie Roll Industries' products exhibits seasonality, with significant sales peaks during holiday periods. Halloween is often cited as the largest single-event lift in quarterly volume for the company. Other important seasonal peaks include Christmas, Valentine's Day, and Easter. Tootsie Roll Industries builds inventory in anticipation of these peak periods.
Overview of Tootsie Roll Industries, Inc.’s business
Tootsie Roll Industries, Inc. is an American confectionery manufacturer with over 125 years of history, operating in the Consumer Staples sector. The company is known for its iconic candy brands, including Tootsie Rolls, Tootsie Pops, Andes Chocolate Mints, and others. The company's mission is to provide classic, high-quality candy.
TR’s Geographic footprint
Tootsie Roll Industries has a significant geographic footprint, primarily in North America, with the United States accounting for approximately 91% of its sales. The company's distribution network extends across the U.S., Canada, and Mexico, reaching customers through various channels. Beyond North America, Tootsie Roll products are marketed internationally in over 75 other countries. The company operates manufacturing facilities in Chicago, Illinois; Cambridge, Massachusetts; and Mexico City, Mexico, with additional operations in Tennessee, Wisconsin, and Concord, Ontario.
TR Corporate Image Assessment
Tootsie Roll Industries maintains a strong brand reputation, built on its legacy of iconic and nostalgic confectionery products. The company's commitment to quality, taste, and accessibility has positioned it as a significant player in the confectionery sector. The company maintains its classic offerings while also introducing seasonal innovations and new flavor combinations.
Ownership
The ownership of Tootsie Roll Industries is largely concentrated within the Gordon family, who collectively own between 65% and 67% of the company's shares. Ellen R. Gordon, the Chairman and CEO, is the largest individual shareholder, holding approximately 56% of outstanding shares. Major institutional investors hold approximately 16% to 18% of the company's stock.
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$37.71