TR Q3 2023 Earnings — Tootsie Roll Industries, Inc. Revenue & Financial Results | Market Cap Arena

TRTootsie Roll Industries, Inc.

$3B

Q3 2023 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$250M+17.2% YoY

Gross Profit

$85M34.1% margin

Operating Income

$46M18.4% margin

Net Income

$34M13.8% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

+56.0%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$36M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$262M

Stockholders' Equity

$804M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$213M	+17.2%
Gross Profit	$85M	$72M	+19.1%
Operating Income	$46M	$36M	+29.0%
Net Income	$34M	$27M	+29.4%

Revenue Segments

Product

$248M99%

Rental and Royalty

$2M1%