TOOTSIE ROLL INDUSTRIES INC

Tootsie Roll Industries, Inc. (NYSE: TR) operates as a manufacturer and seller of confectionery products, a business the company has pursued for over 125 years. The company's website is www.tootsie.com.

The company manufactures and distributes a diverse portfolio of well-established candy brands sold primarily throughout North America. Major trademarks include Tootsie Roll, Tootsie Pops, Tootsie Fruit Roll, Tootsie Mini Pops, Charms, Blow-Pop, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Dubble Bubble, Razzles, Cry Baby, Nik-L-Nip, and Caramel Apple Pops. The company operates as a single business segment focused exclusively on confectionery manufacturing and sales.

Tootsie Roll maintains manufacturing and distribution facilities across North America, with its largest operating facility and corporate headquarters located in Chicago, Illinois. The company also operates domestic manufacturing facilities in Tennessee, Massachusetts, and Wisconsin, along with international manufacturing operations in Mexico, Canada, and Spain. The company employs approximately 2,100 full-time employees across all locations.

The company's products are marketed in various package sizes designed for different retail channels and sold through food brokers, wholesale distributors, supermarkets, variety stores, dollar stores, drug chains, mass merchandisers, warehouse clubs, vending operators, e-commerce merchants, and charitable organizations. Principal markets include the United States, Canada, and Mexico, with the majority of Canadian production sold domestically in the United States and Mexican production sold within Mexico.

Tootsie Roll competes in a highly competitive domestic confectionery industry, competing primarily on brand recognition, retail shelf space, and pricing. The company ranks among the ten largest domestic confectionery manufacturers. The company's largest customers include Walmart, Dollar Tree, and McLane Company, which collectively represent a significant portion of net product sales. The company's business experiences seasonal fluctuations, with peak sales occurring during the Halloween season, though Christmas, Easter, and Valentine's Day also drive meaningful seasonal demand.