Filing Flows › Tootsie Roll Industries (TR) › Q1 2025
Tootsie Roll Industries (TR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Tootsie Roll Industries (TR) reported revenue of $148M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -23% from the quarter before. Operating margin was 15.5%, net earnings $18.0M (12.2% of revenue).
Tootsie Roll Industries, Q1 2025: revenue $148M (-3% year over year), operating margin 15.5%, net earnings $18.0M, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $148M | -23% | -3% |
| Gross profit | $52.5M | -31% | +5% |
| Operating profit | $23.1M | -40% | +108% |
| Net earnings | $18.0M | -20% | +14% |
| Operating cash flow | $3.6M | -95% | -83% |
| Free cash flow | $750K | -99% | -96% |
What changed
Revenue was $148.5M in Q1 2025, down 3% year over year and down 23% from the previous quarter. Product was the largest line at 99% of revenue. Product lost $4.9M year over year (down 3%), 105% of the total change.
Gross margin was 35.3%, up 2.7 points from a year earlier. Operating profit was $23.1M, a 15.5% margin (up 8.3 points year over year). Operating expenses fell 24% while revenue fell 3%. Net earnings were $18.1M, up 14% year over year. The effective tax rate was 21.6%.
Operating cash flow was $3.6M (down 83% year over year), 20% of net earnings. Non-cash charges added back $4.6M of depreciation and amortization. Working capital and other items used $19.0M. Capital expenditures of $2.9M left free cash flow of $750K.
Questions
What was Tootsie Roll Industries' revenue in the first quarter 2025?
Tootsie Roll Industries (TR) reported revenue of $148M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -23% from the quarter before.
Was Tootsie Roll Industries profitable in the first quarter 2025?
Operating profit was $23.1M (15.5% of revenue) and net earnings $18.0M.