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Tootsie Roll Industries Inc TR

Tootsie Roll Industries, Inc. is engaged in the manufacturing and sale of confectionery products. The Company's products are marketed in a variety of packages designed to be suitable for display and sale in different types of retail outlets. They are sold through food and grocery brokers or directly by the Company itself to customers throughout the United States, Canada and Mexico. These customers include wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, and e-commerce merchants. Its products are sold under the registered trademarks, which include TOOTSIE ROLL, TOOTSIE FRUIT ROLLS, FROOTIES, TOOTSIE POPS, TOOTSIE MINI POPS, CHILD’S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, CELLA’S, DOTS, SUGAR BABIES, ANDES, FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY, and TUTSI POP (Mexico).


NYSE:TR - Post by User

Bullboard Posts
Post by DartStockon Jul 19, 2007 7:15pm
290 Views
Post# 13120171

Reasons to hold Tootsie Roll

Reasons to hold Tootsie RollSafe place to park some cash. The yield is around 1%, but there is also a 3% annual stock dividend. Great balance sheet, essentially no debt. Long term there is a substantial likelihood of acquistion by a major food/confectionary operation since the top 2 executives (husband and wife) are getting on in years and own a big piece of the company. Market cap is around 1.65 billion so it could easily be aquired with the major holders willingness to sell. A large operation could put an ad campaign in place that could kick start sales.
Bullboard Posts