Tootsie Roll's Q3 EPS falls, hurt by Halloween sales timing and higher costs

By Reuters News


Overview

  • US candy maker's Q3 net sales fell 1% from prior year

  • Q3 EPS declined 35% yr/yr

  • Company says results impacted by timing of Halloween sales and higher costs


Outlook

  • Freight and delivery costs expected to stay elevated through fourth qtr 2026 and into 2027

  • Company to maintain higher advertising and trade promotion spending in 2026


Result Drivers

  • HALLOWEEN SALES TIMING - Co said Q3 results were hurt by timing of Halloween sales shifting to Q4 compared to prior year

  • HIGHER TRADE PROMOTIONS - Increased trade promotions reduced reported net sales in Q3

  • HIGHER INPUT COSTS - Increased costs for ingredients, packaging, labor and energy hurt margins in Q3


Company press release: Full Story


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

$0.31


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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