Tootsie Roll Industries Inc.

Tootsie Roll Industries Inc.

Tootsie Roll Industries Inc.

Overview
Date Founded

2012

Headquarters

7401 South Cicero Avenue, Chicago, IL, 60629, USA

Type of Company

Public

Employees (Worldwide)

2,000

Industries

Food

Company Description

Tootsie Roll Industries, LLC is America's favorite candy company, manufacturing and selling some of the world's most popular confectionary brands. Beginning in a modest New York candy store with the Tootsie Roll's introduction in 1896, the Chicago-based company has grown to become one of the country's largest candy companies, with operations throughout North America and distribution channels in more than 75 countries. Tootsie's brands include some of the most familiar candy names: Tootsie Roll, Tootsie Pop, Charms Blow Pop, Mason Dots, Andes, Sugar Daddy, Charleston Chew, Dubble Bubble, Razzles, Caramel Apple Pop, Junior Mints, Cella's Chocolate-Covered Cherries, and Nik-L-Nip. They're sold in a wide variety of venues, including supermarkets, warehouse and membership stores, vending machines, dollar stores, drug stores, and convenience stores. Together, the Tootsie brands resonate strongly among every age group, culture, and demographic; for every occasion and event; and during every economic climate, qualifying them as truly enduring, iconic American confections.

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Executives & Employees

Chief Executive Officer

Chief Financial Officer, Chief Accounting Officer & Vice President, Finance

Treasurer

Vice President, Distribution

Vice President, Manufacturing

Director-Information Technology

Director Information Technology

Senior Administrator

Vice President

Board of Directors

Chief Executive Officer at Tootsie Roll Industries Inc.

Senior Vice President & Treasurer at 21st Century Fox America, Inc.

Former Vice President at Washington Mutual Bank

President & Director at Paul Brent Designer, Inc.

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Owners & Shareholders
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Reik & Co. employs an investment strategy referred to as \"Select Investor.\" It is an equity strategy based on creating capital through long-term investment in high quality companies. Company selection criteria include: significant family or inside ownership; a strong franchise; little or no long-term debt and little or no institutional ownership. Portfolios are constructed with concentrated positions and are subject to greater performance and volatility than broader market averages. The strategy employs very low portfolio turnover, emphasizing compounded return rather than realization of capital gains. Investment strategies may include: long-term purchases, short-term purchases, trading, short sales and margin transactions.

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HFR manages stock and bond portfolios according to the \"Prudent Investor Rule\", the time-tested diversified investment philosophy required of fiduciaries. Their stock portfolios typically include 35-40 stocks of financially strong, well-established companies that are very liquid, or sellable, and trade frequently on major market exchanges. Stock holdings are diversified across market sectors or broad industry categories. The firm doesn't attempt to beat the market in the short-term as they believe that a short-term focus often increases portfolio volatility and exposure to speculative trends. Rather than pursuing or adding to stock holdings in strongly performing market sectors, (quantifiable by increased monthly trading activity), HFR typically looks to pare back on stock exposure in apparent momentum-driven areas, to the extent that any of their holdings are participating in speculative growth phases. The firm's founder - Bret Reilly - actively manages the clients accounts, makes the security selections and trading decisions. HFR do not have multiple stock portfolio strategies and typically include investment grade bonds and money market instruments. They use mutual funds for smaller client accounts when they believe that sufficient diversification can't be practically and economically reached using individual securities.

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Gruss Capital Management's (GCM) investment objective is to achieve absolute returns while preserving investor capital. The firm seeks to meet this objective by investing opportunistically in global markets using a combination of event-driven investment strategies. These event-driven strategies typically involve investing in opportunities created by corporate actions, regulatory/legislative events and market dislocations, in each case, where inefficiencies, mispricings and catalysts allow for attractive risk-adjusted returns. GCM utilizes investments in equities, bonds, loans, options, credit default swaps and other instruments. They seek to manage risk by utilizing adequate diversification and liquidity while attempting to hedge unwanted market risk by employing credit default swaps, out-of-the-money options, futures, ETFs and other instruments.

Recent Transactions
Details Hidden

Tootsie Roll Industries Inc. purchases Concord Confections Ltd.

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Tootsie Roll Industries Inc. purchases Andes Candies LLC from Brach's Confections, Inc.

Transaction Advisors
Investment Advisor

Advised onTootsie Roll Industries Inc. purchases Concord Confections Ltd.

Legal Advisor

Advised onTootsie Roll Industries Inc. purchases Concord Confections Ltd.

Accountant

Advised onTootsie Roll Industries Inc. purchases Concord Confections Ltd.

Legal Advisor

Advised onTootsie Roll Industries Inc. purchases Concord Confections Ltd.

Attorney

Advised onTootsie Roll Industries Inc. purchases Concord Confections Ltd.

Attorney

Advised onTootsie Roll Industries Inc. purchases Concord Confections Ltd.

Advisors & Consultants
Legal Advisor

Partner Co-Head of Commercial Real Estate at Bennett Jones LLP

Advisor

President at Marie Newman & Associates

Legal Advisor

Partner at Bennett Jones LLP

Clients

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Walmart, Inc. engages in retail and wholesale business. The Company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands. The Walmart International segment manages supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carryl outside of the United States. The Sam's Club segment comprises membership-only warehouse clubs and samsclubs.com. The company was founded by Samuel Moore Walton and James Lawrence Walton in 1945 and is headquartered in Bentonville, AR.

Headquartered in Chesapeake, VA, Dollar Tree is the largest and most successful single-price- point retailer in the country, operating thousands of stores in all 48 contiguous states and nine distribution centers. At Dollar Tree, we are committed to serving the best interests of our shareholders. We seek to enhance shareholder value not only through exceptional business performance and practices, but also through responsible and effective communication. To help put Dollar Tree, Inc.'s financial performance into perspective, our Investor Relations site provides the latest company information relevant to the individual

Key Stats and Financials As of 2019
Market Capitalization
$2.34B
Total Enterprise Value
$2.01B
Earnings Per Share
$0.96
Revenue
$527M
Net Profit
$64.9M
Three Year Compounded Annual Growth Rate Of Revenue
0.38%
Five Year Compounded Annual Growth Rate Of Revenue
-0.61%
EBITDAMargin
16.88%
Debt TEV
0x
TEVNet Income
30.89x
Enterprise Value EBITDAOperating
22.52x
Enterprise Value Sales
3.8x
EBITDA
$89M
Total Equity
$760M
Total Debt
$9.83M
Non-Profit Donations & Grants
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