Tootsie Roll Industries (TR) Q4 2025 earnings summary

Executive summary

• Fourth quarter 2025 net sales rose 2% year-over-year to $194.4 million, with net earnings up 28% to $28.8 million and EPS up 29% to $0.40.

• Full-year 2025 net sales increased 1% to $724.7 million, net earnings grew 15% to $100.1 million, and EPS rose 16% to $1.37.

• Marketing and sales programs drove higher sales, but resistance to price increases and input cost inflation pressured results.

Financial highlights

• Fourth quarter 2025 net sales: $194.4 million vs. $191.4 million in 2024.

• Fourth quarter 2025 net earnings: $28.8 million vs. $22.5 million in 2024.

• Full-year 2025 net sales: $724.7 million vs. $715.5 million in 2024.

• Full-year 2025 net earnings: $100.1 million vs. $86.8 million in 2024.

• EPS for 2025: $1.37 vs. $1.18 in 2024.

Outlook and guidance

• Lower cocoa and chocolate costs expected to benefit margins in late 2026 and into 2027 as commodity prices retreat.

• Ongoing investments in manufacturing to expand capacity and improve efficiency.