Black checkmark with a sparkle and a curved line underneath on a white background.
Company

TOOTSIE ROLL INDUSTRIES INC

Ticker
TR
Sector
Industry
Report date
November 6, 2026
Valye AI Score

84

Very high visibility
Recent developments
Recent developments summary

Recent developments include the company reporting third quarter 2026 net sales of $227.2 million, announcements of cash dividends, and notable stock technical movements such as crossing key moving average levels and entering oversold territory.

Recent developments:
  • Tootsie Roll Industries reported third quarter 2026 net sales of $227,163,000 [N1].
  • The company announced a cash dividend payment in June 2026 [N6].
  • The stock crossed above key moving average levels in June and July 2026 [N5][N4].
  • The stock experienced a notable two hundred day moving average cross in September 2026 [N2].
  • Tootsie Roll Industries entered oversold territory in May 2026 [N7].
  • Ex-dividend reminders were issued in March and December 2025 [N8].
Overview

Tootsie Roll Industries Inc is a North American confectionery company producing and selling candy products. The company reported third quarter 2026 net sales of $227.2 million and net income of $23.2 million. It maintains a strong liquidity position with a current ratio of 2.67 and a cash ratio of 1.07 as of September 30, 2026. The company pays cash dividends and has experienced notable stock technical movements recently. It faces risks from potential tariffs on imported ingredients and packaging, as well as regulatory pressures to phase out synthetic colors in food products, which may increase costs and affect product formulations. These factors contribute to the company's operational and regulatory risk profile [S2][N1][N6].

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice. Tootsie Roll Industries Inc reported third quarter 2026 net sales of $227,163,000. As of September 30, 2026, the company had cash and cash equivalents of $57.1 million, short-term investments of $75.4 million, current assets of $331.1 million, and current liabilities of $124.2 million, resulting in a current ratio of 2.67 and a cash ratio of 1.07. Net income for the quarter was $23.2 million with basic EPS of $0.31. The company faces risks related to tariffs and regulatory changes affecting product ingredients and packaging, as well as evolving food industry legislation on synthetic colors [S2][N1].

Scenarios for TR

Bull case model:

The company demonstrates operational stability with consistent net sales and profitability as reflected in recent quarterly results. Its strong liquidity ratios indicate financial resilience. The ability to pay cash dividends suggests steady cash flow generation. The company’s focus on reformulating products to comply with evolving regulatory requirements on synthetic colors may align with consumer preferences for natural ingredients, potentially supporting brand loyalty and market acceptance.

Bear case model:

Risks include potential imposition of tariffs on imported ingredients and packaging materials, which could increase costs and pressure margins. Regulatory developments requiring the phase-out of synthetic colors may lead to higher costs and challenges in product reformulation, potentially affecting consumer acceptance. Uncertainty around trade policies and regulatory compliance adds complexity to the company’s operating environment. These factors could adversely impact profitability and operational efficiency.

Moat:

Tootsie Roll Industries benefits from established brand recognition in the confectionery market and a focused North American production and distribution footprint. Its longstanding presence and product portfolio provide some competitive advantages. However, the company faces industry-wide challenges such as regulatory changes on food additives and tariffs on imported inputs, which may affect cost structures and product formulations. The company's ability to manage these risks and maintain consumer acceptance of reformulated products is critical to sustaining its competitive position.

Risks overview
Risks summary
The most significant risks for Tootsie Roll Industries relate to potential tariffs on imported ingredients and packaging, and regulatory pressures to phase out synthetic colors in food products, both of which could increase costs and affect product formulations and consumer acceptance.
Risks details:

• Tariff and Trade Policy Risks: The company is exposed to risks from tariffs on products and ingredients, including potential changes to the USMCA agreement and tariffs imposed by Canada, Mexico, or the U.S. These could increase costs and adversely affect business operations [S2].
• Regulatory Risks on Food Additives: Federal and state regulations are increasing pressure to eliminate synthetic colors in food products. The company uses synthetic colors and faces uncertainty and potential increased costs related to reformulating products with natural colors, which may also affect consumer acceptance [S2].
• Economic and Macroeconomic Uncertainty: The impact of tariffs and regulatory changes on macroeconomic conditions and the company’s business is uncertain and depends on multiple factors including duration and scope of tariffs and regulatory enforcement [S2].

FINAL FORECAST FOR TR

Final take one line
Tootsie Roll Industries exhibits very high visibility with detailed recent financial disclosures and active market coverage highlighting operational stability and regulatory risks.
Final take 12 to 24 month view

Business trends: The company continues to report stable net sales and profitability while navigating regulatory changes and tariff uncertainties.
Execution milestones: Ongoing product reformulation to comply with synthetic color regulations and maintaining dividend payments.
Key risks: Potential cost increases from tariffs and regulatory compliance challenges related to food additive legislation.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

84
LLM visibility overview
LLM Visibility known facts
  • Tootsie Roll Industries Inc is a company principally producing and selling products in North America.
  • The company reported third quarter 2026 net sales of $227,163,000.
  • As of September 30, 2026, the company had cash and cash equivalents of $57,111,000 and short-term investments of $75,350,000.
  • Current assets as of September 30, 2026 were $331,103,000 and current liabilities were $124,167,000, resulting in a current ratio of 2.67 and a cash ratio of 1.07.
  • Net income for the quarter ended September 30, 2026 was $23,216,000 with basic earnings per share of $0.31.
  • The company pays cash dividends, with recent announcements regarding dividend payments.
  • The company faces risks related to tariffs on products and ingredients, including potential changes to the USMCA agreement and tariffs on imported ingredients and packaging.
  • There are regulatory risks related to the phase-out of synthetic colors in food products, which may increase costs and affect product reformulation and consumer acceptance.
  • The company’s products are subject to food industry legislation and regulatory requirements at federal and state levels.
  • Recent news highlights include notable stock technical movements such as crossing key moving average levels and entering oversold territory.
  • The company’s financial figures and liquidity ratios are derived from the latest SEC filings, specifically the 10-Q filed on November 6, 2026.
Sources
Sources - Context summary

Generated 2026-11-06

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-02-27 | 10-K
  • S2 | 2026-11-06 | 10-Q
Sources - News headlines
  • N1 | 2026-10-22 | www.nasdaq.com | Tootsie Roll Industries, Inc. Reports Third Quarter 2026 Net Sales of $227,163,000 | https://www.nasdaq.com/articles/tootsie-roll-industries-inc-reports-third-quarter-2026-net-sales-227163000
  • N2 | 2026-09-03 | www.nasdaq.com | Notable Two Hundred Day Moving Average Cross - TR | https://www.nasdaq.com/articles/notable-two-hundred-day-moving-average-cross-tr
  • N3 | 2026-08-26 | www.nasdaq.com | Can Hershey's Q2 Margin Rebound Extend as Pricing Pressures Volume? | https://www.nasdaq.com/articles/can-hersheys-q2-margin-rebound-extend-pricing-pressures-volume
  • N4 | 2026-07-22 | www.nasdaq.com | TR Crosses Above Key Moving Average Level | https://www.nasdaq.com/articles/tr-crosses-above-key-moving-average-level-0
  • N5 | 2026-06-29 | www.nasdaq.com | TR Crosses Above Key Moving Average Level | https://www.nasdaq.com/articles/tr-crosses-above-key-moving-average-level
  • N6 | 2026-06-16 | www.nasdaq.com | Cash Dividend On The Way From Tootsie Roll Industries (TR) | https://www.nasdaq.com/articles/cash-dividend-way-tootsie-roll-industries-tr
  • N7 | 2026-05-26 | www.nasdaq.com | Tootsie Roll Industries Enters Oversold Territory (TR) | https://www.nasdaq.com/articles/tootsie-roll-industries-enters-oversold-territory-tr
  • N8 | 2026-03-03 | www.nasdaq.com | Ex-Dividend Reminder: Tootsie Roll Industries, Landbridge and Expedia Group | https://www.nasdaq.com/articles/ex-dividend-reminder-tootsie-roll-industries-landbridge-and-expedia-group
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

Blue logo with a stylized checkmark and star above the blue text 'VALYE' on a black background.

Generated by Valye SEC Pipeline Engine