Profile
Sector:
Consumer DefensiveIndustry:
ConfectionersCountry:
United StatesIPO:
17 March 1980Website:
http://www.tootsie.comNext earnings report:
25 July 2024Last dividends:
20 June 2024Next dividends:
N/APrice
after hours | Fri, 21 Jun 2024 23:49:08 GMTAnalysts recommendations
Institutional Ownership
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Tootsie Roll Industries TR, -0.24% experienced higher ingredient costs in 2023, and expects more of the same for 2024.
Tootsie Roll Industries is a slow-growth company with a high earnings multiple, but it offers a regular cash and stock dividend. Despite operating in a mature industry with larger competitors, Tootsie Roll has a competitive advantage due to the brand strength of its primary offering and its niche market position. Tootsie Roll's strengths make it a potential long-term buy, but at the current price, it is a hold.
Tootsie Roll Industries has seen a significant upside in recent months due to favorable financial results. The company's shares appear to be lofty, so investors should tread cautiously moving forward.
What type of business is Tootsie Roll Industries?
Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois.
What sector is Tootsie Roll Industries in?
Tootsie Roll Industries is in the Consumer Defensive sector
What industry is Tootsie Roll Industries in?
Tootsie Roll Industries is in the Confectioners industry
What country is Tootsie Roll Industries from?
Tootsie Roll Industries is headquartered in United States
When did Tootsie Roll Industries go public?
Tootsie Roll Industries initial public offering (IPO) was on 17 March 1980
What is Tootsie Roll Industries website?
https://www.tootsie.com
Is Tootsie Roll Industries in the S&P 500?
No, Tootsie Roll Industries is not included in the S&P 500 index
Is Tootsie Roll Industries in the NASDAQ 100?
No, Tootsie Roll Industries is not included in the NASDAQ 100 index
Is Tootsie Roll Industries in the Dow Jones?
No, Tootsie Roll Industries is not included in the Dow Jones index
When does Tootsie Roll Industries report earnings?
The next expected earnings date for Tootsie Roll Industries is 25 July 2024