Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Tootsie Roll Industries Inc Reports Sweetened Earnings and Sales Growth in 2023 [Yahoo! Finance]

Tootsie Roll Industries, Inc. (TR) 
US:NYSE Investor Relations: tootsie.com/financials
Company Research Source: Yahoo! Finance
Net Earnings : Fourth quarter net earnings rose by 16% to $29.4 million, with a 23% increase in twelve-month net earnings to $91.9 million. Earnings Per Share (EPS) : EPS for the fourth quarter was $0.42, up from $0.36 in the previous year, and $1.32 for the twelve months, compared to $1.07 year-over-year. Gross Profit Margins : Despite higher sales, gross profit margins were affected by increased input costs for ingredients, packaging, and manufacturing. Supply Chain and Labor : The supply chain saw improvements in 2023, but labor challenges persisted at some manufacturing locations. Investment Income : Favorable investment income helped mitigate some losses from unfavorable foreign exchange. Effective Income Tax Rates : The company's effective income tax rates were 21.8% for the fourth quarter and 23.4% for the twelve months of 2023. Warning! GuruFocus has detected 2 Warning Sign with TR. On February 16, 2024, Tootsie Roll Industries Inc ( NYSE:TR ) released its 8-K f Show less Read more
Impact Snapshot
Event Time:
TR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TR alerts
Opt-in for
TR alerts

from News Quantified
Opt-in for
TR alerts

from News Quantified