Tootsie Roll Industries, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1.31 million compared to USD 1.36 million a year ago. Revenue was USD 160.15 million compared to USD 143.44 million a year ago. Net income was USD 14.73 million compared to USD 11.99 million a year ago. Basic earnings per share from continuing operations was USD 0.2039 compared to USD 0.1602 a year ago.
For the six months, sales was USD 2.69 million compared to USD 2.71 million a year ago. Revenue was USD 322.24 million compared to USD 284.08 million a year ago. Net income was USD 28.13 million compared to USD 24.02 million a year ago. Basic earnings per share from continuing operations was USD 0.3884 compared to USD 0.3301 a year ago.