Tootsie Roll Industries posts higher third-quarter earnings and net sales

Reuters
2025.11.07 19:01
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Tootsie Roll Industries Inc. reported a net earnings increase to $35.7 million for Q3 2025, up from $32.8 million in Q3 2024. Earnings per share rose to $0.49, an 8.9% increase. For the nine months ending September 30, 2025, net earnings were $71.3 million, compared to $64.3 million in 2024, with EPS increasing to $0.98, a 12.6% rise. The results were aided by reduced average shares outstanding due to stock repurchases. The company highlighted risks related to input costs and cocoa price volatility.