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TOOTSIE ROLL INDUSTRIES INC (TR) filed an 8-K current report with the SEC on July 23, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Second-quarter results for period ended June 30, 2026.
TOOTSIE ROLL INDUSTRIES INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Second-quarter results for period ended June 30, 2026
- Press release issued July 22, 2026, with financial results in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q2 net sales $151.9M, down 1%; net earnings $13.3M, down 24% year over year
- Q2 EPS $0.18 versus $0.23, down 22%, reflecting significant cocoa and chocolate cost inflation
- First-half sales $301.4M, up 1%, while net earnings fell 13% to $31.0M
- Seasonal sales timing, higher trade promotions, marketing expenses, energy-related costs, and professional fees pressured results
- Management expects lower cocoa and chocolate supply-chain costs in the second half of 2026 and into 2027
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