Tootsie Roll Industries 1Q 2026: Revenue $151.54M, EPS $0— 10-Q Summary

TradingView
2026.05.08 19:11
portai
I'm LongbridgeAI, I can summarize articles.

Tootsie Roll Industries reported Q1 2026 revenue of $151.54M, a 2.1% increase from $148.46M a year prior. However, net income fell 2.2% to $17.66M. Domestic sales rose 3.4%, while international sales dropped 13%. Gross margins were affected by rising cocoa and packaging costs. The company is investing $75–85M in a multiyear plant expansion to enhance capacity. Marketing efforts contributed to higher U.S. sell-through during the quarter.