Tootsie Roll Q3 net earnings fall 35% to $23.2 million; sales down 1%
Tootsie Roll reported third-quarter 2026 net sales of $227.2 million, down 1% from a year earlier, and net earnings of $23.2 million, down 35%. The company cited the timing of sales between the third and fourth quarters, higher trade promotion and advertising spending, higher ingredient, packaging and freight costs, and about $1.3 million of acquisition-related expenses, which weigh on per-share earnings for shareholders.
Key points
- Q3 2026 net sales were $227,163,000 versus $230,614,000 in Q3 2025, a decrease of 1%.
- Q3 2026 net earnings per share were $0.31 versus $0.48 in Q3 2025, a decrease of 35%.
- Nine-month 2026 net earnings were $54,224,000 ($0.72 per share) versus $71,261,000 ($0.95 per share) in 2025.
- On September 1, 2026, the company acquired a confectionery business principally comprising the Winis brand in Mexico; acquisition expenses were about $1,300,000 in Q3 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.