Added to YB: 2025-06-16
Pitch date: 2025-04-28
TR [bearish]
Tootsie Roll Industries, Inc.
-20.21%
current return
Author Info
No bio for this author
Company Info
Tootsie Roll Industries, Inc., together with its subsidiaries, manufactures and sells confectionery products in the United States, Canada, Mexico, and internationally.
Market Cap
$2.7B
Pitch Price
$31.21
Price Target
18.70 (-50%)
Dividend
0.92%
EV/EBITDA
18.40
P/E
30.60
EV/Sales
3.60
Sector
Food Products
Category
value
Tootsie Roll Industries, Inc. - $TR
TR short: Overpriced candy manufacturer at 26x P/E vs industry 16x despite declining volumes, stagnant sales. No innovation to counter shifting consumer tastes away from sugary products. Volume down 6% in 2024. Cocoa costs rising. 93-year-old CEO, family-controlled. Bull case: recession-resistant, possible M&A. 20-40% downside.
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