Candymaker Tootsie Roll's Q2 EPS falls, impacted by higher input costs

The company expects lower cocoa and chocolate costs in the second half of 2026 and into 2027.

• U.S. confectionery maker's Q2 net sales declined 1% yr/yr
• Q2 net earnings per share fell 22% yr/yr
• Company cites timing of seasonal sales, higher input costs, and increased trade promotions for declines

Tootsie Roll said timing of seasonal sales between Q2 and Q3 negatively affected Q2 results. Gross profit margins were hurt by higher cocoa, chocolate, energy, and packaging costs. Higher trade promotions and advertising also reduced reported net sales.