Tootsie Roll Q1 net sales fall 3% to $146.5 million; EPS rises to $0.25
Tootsie Roll Industries reported first quarter 2025 net sales of $146.5 million, down 3% from $151.5 million a year earlier, while net earnings rose to $18.1 million and earnings per share rose to $0.25 from $0.22. Management said customers are more resistant to higher prices and expects higher cocoa and chocolate costs for the rest of 2025 and into 2026, which will increasingly weigh on gross margins because of the company's LIFO inventory accounting.
Key points
- Net sales were $146.5 million ($146,521,000) versus $151.5 million ($151,464,000), down $4.9 million or 3%.
- Net earnings were $18.1 million ($18,058,000) versus $15.8 million ($15,834,000); EPS was $0.25 versus $0.22, up 14%.
- Earnings benefited from higher investment income and an insurance recovery; the effective tax rate was 21.6% versus 21.4%.
- Management expects even higher cocoa and chocolate costs during the balance of 2025 and into 2026 as older supply contracts expire.
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 April 24, 2025.
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.