Tootsie Roll Q2 net earnings fall to $13.3 million; net sales down 1%
Tootsie Roll reported second quarter 2026 net sales of $151.9 million, down 1% from $153.2 million a year earlier, and net earnings of $13.3 million, or $0.18 per share, versus $17.5 million, or $0.23 per share, in the second quarter of 2025. The company attributed the decline to the timing of sales between the second and third quarters, higher cocoa and chocolate costs, higher trade promotion and advertising spending, and other cost increases, and said it expects lower cocoa costs in the second half of 2026 and into 2027.
Key points
- Q2 2026 net sales $151.9 million vs. $153.2 million in Q2 2025; net earnings $13.3 million vs. $17.5 million
- First half 2026 net sales rose 1% to $301.4 million, while first half net earnings fell to $31.0 million from $35.6 million
- First half EPS was $0.41 vs. $0.47 a year earlier; effective tax rate for Q2 2026 was 26.9% vs. 33.1%
- Management expects lower cocoa and chocolate costs to begin flowing through in the second half of 2026 and into 2027
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.