TR Q1 2023 Earnings — Tootsie Roll Industries, Inc. Revenue & Financial Results | Market Cap Arena

TRTootsie Roll Industries, Inc.

$3B

Q1 2023 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$162M+15.3% YoY

Gross Profit

$50M31.0% margin

Operating Income

$13M7.9% margin

Net Income

$13M8.3% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-14.6%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$13M

Stock-Based Comp.

-$46,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$228M

Stockholders' Equity

$792M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$141M	+15.3%
Gross Profit	$50M	$48M	+5.0%
Operating Income	$13M	$21M	-38.6%
Net Income	$13M	$12M	+11.4%

Revenue Segments

Product

$161M99%

Rental and Royalty

$1M1%