<SEC-DOCUMENT>0000098677-16-000015.txt : 20160427
<SEC-HEADER>0000098677-16-000015.hdr.sgml : 20160427
<ACCEPTANCE-DATETIME>20160427113911
ACCESSION NUMBER:		0000098677-16-000015
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160331
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160427
DATE AS OF CHANGE:		20160427

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:		161594059

	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>mar16f8kfiling.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

April 26, 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 April 26, 2016, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition for
the first quarter ended March 31, 2016. 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
                 April 26, 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.


April 26, 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 April 26, 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, April 26, 2016



CHICAGO, ILLINOIS - April 26, 2016 - Ellen R. Gordon, Chairman,
Tootsie Roll Industries, Inc., reported first quarter 2016 net
sales and net earnings.

First quarter 2016 net sales were $103,362,000 compared to $105,477,000
in first quarter 2015, a decrease of $2,115,000 or 2%. First quarter 2016
net earnings were $9,896,000 compared to $9,154,000 in first quarter 2015,
and net earnings per share were $.16 and $.14 in first quarter 2016 and
2015, respectively, an increase of $.02 per share or 14%.


Mrs. Gordon said, "First quarter 2016 sales were adversely affected by
lower export sales from the U.S. to foreign markets and a decrease in sales
of foreign subsidiaries,including the effects of a stronger U.S. dollar and
currency translation. Net earnings in first quarter 2016 benefited from
higher price realization  on sales, but were adversely impacted  by lower
export sales and results of foreign subsidiaries, as well as increased
manufacturing costs. These higher manufacturing costs reflect the effects of
lower production volumes in first quarter 2016 in order to reduce finished
goods inventory levels. This inventory reduction was in response to
uncertainties surrounding changes in state and national labeling regulations
and requirements. The Company's first quarter 2016 net earnings were favorably
impacted by a lower effective income tax rate and a decrease in foreign
exchange losses in first quarter 2016 compared to first quarter 2015.
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
                   MARCH 31, 2016 & MARCH 31, 2015

                                             FIRST QUARTER ENDED
                                            2016              2015

Net Product Sales                      $ 103,362,000     $ 105,477,000

Net Earnings                           $  9,896,000      $  9,154,000

Net Earnings Per Share   *                 $ .16             $ .14

Average Shares Outstanding *              62,499,000        63,645,000




  *Based on average shares outstanding adjusted for 3% stock dividends
   distributed April 8, 2016 and April 10, 2015.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
