Tootsie Roll Industries, Inc. Stock News

Despite commodity cost pressures and competition, Tootsie Roll's niche brand loyalty and sustainable payouts position it as a defensive dividend growth stock.

Tootsie Roll Industries has seen mixed financial performance, with revenue dropping but margins improving due to cost-cutting and higher pricing. Despite cheaper valuations, Tootsie Roll remains relatively pricey compared to peers, justifying a 'hold' rating. The company's net cash position and book value per share have grown, providing liquidity to weather current challenges.