COVID cuts into Tootsie Roll candy channels, 2020-11-13
CHICAGO — The closing of certain channels where its products are sold led to lower earnings and sales at Tootsie Roll Industries, Inc. in the third quarter. Net income in the third quarter ended Sept. 30 totaled $24.67 million, equal to 37¢ per share on the common stock, down 17% from $29.85 million, or 44¢ per share, in the same period a year ago. Net sales decreased 14% to $156.96 million from $181.91 million. “Third-quarter sales were adversely impacted by the effects of the COVID-19 . . .
Income falls 17%; sales down 14% in third quarter.
Tootsie > Candy
Tootsie Roll Each 36 Count, 42% OFF
Red Candy from Tootsie Roll, This sweet bag contains 360 Red Strawberry Tootsie Roll Frooties Candy, Bursting with fresh, fruit flavour, Frooties
Tootsie Roll Frooties Strawberry Candy
Tootsie > Candy
Tootsie > Candy
Tootsie Roll Drop: How a codeword mix-up led to Marines getting a sweet treat
Tootsie Roll Each 36 Count, 42% OFF
Tootsie > Candy
Tootsie > Candy