Tootsie Roll Q3 net earnings fall 35% to $23.22 million
- Tootsie Roll Industries' third-quarter 2026 earnings per share fell 35% year over year to $0.31.
- Net sales declined to $227.16 million, adversely affected by the timing of sales, including seasonal Halloween sales.
- Higher ingredient and packaging costs weighed on third-quarter gross margins.
- The company acquired Mexico's Winis confectionery business on September 1; third-quarter acquisition-related expenses totaled approximately $1.3 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tootsie Roll Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-118027), on October 22, 2026, and is solely responsible for the information contained therein.