Tootsie Roll Industries, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 1.52 million compared to USD 1.29 million a year ago. Revenue was USD 249.85 million compared to USD 213.17 million a year ago. Net income was USD 34.38 million compared to USD 26.58 million a year ago. Basic earnings per share from continuing operations was USD 0.4757 compared to USD 0.3592 a year ago.
For the nine months, sales was USD 4.21 million compared to USD 3.99 million a year ago. Revenue was USD 572.09 million compared to USD 497.25 million a year ago. Net income was USD 62.51 million compared to USD 50.59 million a year ago. Basic earnings per share from continuing operations was USD 0.8641 compared to USD 0.6893 a year ago.