TR Q2 2024 Earnings — Tootsie Roll Industries, Inc. Revenue & Financial Results | Market Cap Arena

TRTootsie Roll Industries, Inc.

$3B

Q2 2024 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$151M-5.9% YoY

Gross Profit

$50M33.5% margin

Operating Income

$15M10.2% margin

Net Income

$16M10.4% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$17M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$262M

Stockholders' Equity

$841M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$160M	-5.9%
Gross Profit	$50M	$53M	-4.1%
Operating Income	$15M	$15M	+4.6%
Net Income	$16M	$15M	+6.2%

Revenue Segments

Product

$149M99%

Rental and Royalty

$2M1%