Tootsie Roll Industries is engaged in the manufacture and sale of confectionery products. The majority of Co.'s products are sold under the registered trademarks, TOOTSIE ROLL, TOOTSIE POPS, CHILD'S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, CELLA'S, DOTS, JUNIOR MINTS, CHARLESTON CHEW, SUGAR DADDY, SUGAR BABIES, ANDES, FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY, NIK-L-NIP, and TUTSI POP (Mexico). Co.'s products are marketed in a variety of packages designed for display and sale in different types of retail outlets. They are sold through Co.'s food and grocery brokers and by Co. itself to its customers throughout the U.S., Canada and Mexico. We show 64 historical shares outstanding datapoints in our TR shares outstanding history coverage, used to compute TR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TR market cap history over the course of time is important for investors
interested in comparing TR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TR versus a peer is one thing; comparing
TR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TR can fluctuate over the course of history.
With this page we aim to empower investors researching TR by allowing them to research the TR market cap history. |
Free TR Email Alerts:
Video: The Importance of Market Cap
