Tootsie Roll Industries Inc. reported third quarter 2025 net sales of $230.614 million, up from $223.891 million in the third quarter of 2024, representing an increase of $6.723 million or 3%. Net earnings for the third quarter of 2025 were $35.659 million compared to $32.844 million in the same period last year. For the first nine months of 2025, net sales totaled $530.325 million, compared to $524.174 million for the same period in 2024, an increase of $6.151 million or 1%. Net earnings for the nine-month period were $71.261 million, up from $64.318 million in the first nine months of 2024. The company noted increased input costs, including cocoa and chocolate, as factors adversely affecting gross profit margins. Net earnings in the third quarter and first nine months of 2025 benefited from increased other income, including a $3.4 million after-tax adjustment related to bond accretion and higher investment income from marketable securities, as well as insurance recoveries. The effective income tax rates were 26.7% in the third quarter of 2025 compared to 22.6% in the same period last year, and 27.2% for the first nine months of 2025 versus 22.4% in 2024. The company also cited headwinds from customer and consumer resistance to higher prices and noted the impact of tariffs on certain ingredient and packaging costs.