<SEC-DOCUMENT>0000098677-16-000013.txt : 20160210
<SEC-HEADER>0000098677-16-000013.hdr.sgml : 20160210
<ACCEPTANCE-DATETIME>20160210144052
ACCESSION NUMBER:		0000098677-16-000013
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20151231
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160210
DATE AS OF CHANGE:		20160210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOOTSIE ROLL INDUSTRIES INC
		CENTRAL INDEX KEY:			0000098677
		STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
		IRS NUMBER:				221318955
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01361
		FILM NUMBER:		161405067

	BUSINESS ADDRESS:	
		STREET 1:		7401 S CICERO AVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60629
		BUSINESS PHONE:		7738383400

	MAIL ADDRESS:	
		STREET 1:		7401 S CICERO AVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60629

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SWEETS CO OF AMERICA INC
		DATE OF NAME CHANGE:	19660921
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>dec15f8kfiling.txt
<DESCRIPTION>TOOTSIE ROLL INDUSTRIES, INC.
<TEXT>

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report Pursuant
To Section 13 or 15(d) of the
Securities Exchange Act of 1934

February 9, 2016
Date of report (Date of earliest event reported)

       TOOTSIE ROLL INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Its charter)


        Virginia
(State or Other Jurisdiction of Incorporation)

        001-01361
(Commission File Number)

        22-1318955
(I.R.S. Employer Identification No.)

 7401 South Cicero Avenue, Chicago, Illinois  60629
(Address of Principal Executive Offices)   (Zip Code)

        773-838-3400
(Registrant's Telephone Number, Including Area Code)

        Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

     [__]  Written communications pursuant to Rule 425 under the Securities
	      Act (17 CFR 230.425)

     [__]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
             (17 CFR 240.14a-12)

     [__]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
              Exchange Act (17 CFR 240.14d-2(b))

     [__]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
              Exchange Act (17 CFR 240.13e-4(c))


ITEM 2.02.   RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

    On February 9, 2016, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition
for the fourth quarter ended December 31, 2015. A copy of the release is
attached hereto as Exhibit 99.1 and incorporated herein by reference.







    The information in the release and in this Item 2.02 is "furnished" and
not "filed" for purposes of Section 18 of the Securities and Exchange Act of
1934, or otherwise subject to the liabilities of that section. Such
information may only be incorporated by reference in another filing under the
Securities Exchange Act of 1934 or the Securities Act of 1933 only if and
to the extent such subsequent filing specifically references such information.

Item 9.01.  Financial Statements and Exhibits.

(c) The following exhibit is furnished with this report:

Exhibit 99.1     Press Release of Tootsie Roll Industries, Inc., dated
                 February 9, 2016.



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
under-signed thereunto duly authorized.


February 9, 2016                 TOOTSIE ROLL INDUSTRIES, INC.

                            By:  /S/G. HOWARD EMBER, JR.
                                 G. Howard Ember, Jr.
                                 Vice President Finance and
                                 Chief Financial Officer



EXHIBIT INDEX

Exhibit No.               Description

99.1   Press Release of Tootsie Roll Industries, Inc., dated February 9,
       2016.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exh99_pressrelease.txt
<DESCRIPTION>TOOTSIE ROLL INDUSTRIES, INC.
<TEXT>

EXHIBIT 99.1

Tootsie Roll Industries, Inc.
7401 South Cicero Avenue
Chicago, IL  60629
Phone 773/838-3400
Fax   773/838-3534

Press Release

STOCK TRADED:  NYSE			FOR IMMEDIATE RELEASE
TICKER SYMBOL: TR			Tuesday, February 9, 2016



CHICAGO, ILLINOIS - February 9, 2016 - Ellen R. Gordon,
Chairman, Tootsie Roll Industries, Inc., reported fourth
quarter and twelve months 2015 net sales and net earnings.

Fourth quarter 2015 net sales were $139,881,000 compared to
$137,929,000 in fourth quarter 2014, an increase of $1,952,000 or 1%.
Fourth quarter 2015 net earnings were $19,705,000 compared to
$18,023,000 in fourth quarter 2014, and net earnings per share were
$.32 and $.29 in fourth quarter 2015 and 2014, respectively, an
increase of $.03 or 10%.

Twelve months 2015 net sales were $536,692,000 compared to
$539,895,000 in twelve months 2014, a decrease of $3,203,000 or 1%.
Twelve months 2015 net earnings were $66,089,000 compared to
$63,298,000 in twelve months 2014, and net earnings per share were
$1.08 and $1.02 in twelve months 2015 and 2014, respectively, an
increase of $.06 per share or 6%.

Mrs. Gordon said, "While we finished 2015 with a 3% increase in
fourth quarter domestic sales, our reported consolidated sales for
fourth quarter 2015 were adversely impacted by foreign currency
translation due to the strength of the U.S. dollar. Twelve months
2015 domestic sales were ahead of 2014, and twelve months 2015
consolidated sales were also adversely affected by unfavorable
foreign currency translation, principally Mexico and Canada.
Fourth quarter and twelve months 2015 net earnings benefited from
lower distribution and delivery expenses including the effects of
declining energy and fuel costs, improving manufacturing plant
efficiencies driven by capital investments, more favorable
ingredient costs, and ongoing cost containment programs. Although
our overall comparative ingredient costs in both fourth quarter
and twelve months 2015 were somewhat more favorable compared to
the corresponding periods in the prior year, certain key ingredient
costs were higher in 2015, and we expect overall ingredient costs to
be higher in 2016. Net earnings in both fourth quarter and twelve
months 2015 were also favorably impacted by a lower effective income
tax rate primarily due to the favorable settlement of outstanding
tax matters. The Company's fourth quarter and twelve months 2015 net
earnings per share benefited from common stock purchases in the open
market resulting in fewer shares outstanding."


















                     TOOTSIE ROLL INDUSTRIES, INC.
               CONSOLIDATED SUMMARY OF SALES & EARNINGS
                        FOR THE PERIODS ENDED
                       DECEMBER 31, 2015 & 2014

                                             FOURTH QUARTER ENDED
                                            2015              2014

Net Product Sales                      $ 139,881,000     $ 137,929,000

Net Earnings                           $  19,705,000     $  18,023,000

Net Earnings Per Share   *                 $ .32             $ .29

Average Shares Outstanding *              60,991,000        62,047,000


                                               TWELVE MONTHS ENDED
                                            2015              2014

Net Product Sales                      $ 536,692,000     $ 539,895,000

Net Earnings                           $  66,089,000      $ 63,298,000

Net Earnings Per Share   *                 $1.08             $1.02

Average Shares Outstanding *              61,441,000        62,358,000



  *Based on average shares outstanding adjusted for 3% stock dividends
   distributed April 10, 2015 and April 4, 2014.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
