Tootsie Roll Industries (TR) Statistics

Gross Profit is the difference between revenue and the cost of goods sold (COGS). It represents the amount of money a company makes from its core operations, without accounting for other expenses. For Tootsie Roll Industries Inc, the gross profit for the most recent fiscal year is $163.6 million. This indicates strong performance in terms of generating revenue and controlling costs. The company's ability to maintain a high gross profit margin is a positive sign of its competitive advantage in the confectionery industry. It shows that Tootsie Roll Industries Inc is able to efficiently produce and sell its products at a significant markup.

The profit margin is a key financial metric that measures a company's profitability. It represents the percentage of revenue that is converted into profit after accounting for all expenses. For Tootsie Roll Industries Inc, the profit margin for the most recent fiscal year is 12.7%. This indicates that the company is able to generate a healthy profit from its operations. The profit margin reflects the company's ability to control costs, manage pricing, and generate sales volume. Tootsie Roll Industries Inc's profit margin is higher than the industry average, which suggests that it has a competitive advantage in terms of profitability.