<SEC-DOCUMENT>0000098677-16-000020.txt : 20160728
<SEC-HEADER>0000098677-16-000020.hdr.sgml : 20160728
<ACCEPTANCE-DATETIME>20160728101937
ACCESSION NUMBER:		0000098677-16-000020
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160630
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160728
DATE AS OF CHANGE:		20160728

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:		161788760

	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>jun16f8kfiling.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

July 27, 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 July 27, 2016, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition
for the second quarter ended June 30, 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
                 July 27, 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.


July 27, 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 July 27, 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			Thursday, July 27, 2016



CHICAGO, ILLINOIS - July 27, 2016 - Ellen R. Gordon, Chairman,
Tootsie Roll Industries, Inc. reported second quarter and first half
2016 net sales and net earnings.

Second quarter 2016 net sales were $104,259,000 compared to
$107,528,000 in second quarter 2015, a decrease of $3,269,000 or 3%.
Second quarter 2016 net earnings were $11,136,000 compared to
$11,059,000 in second quarter 2015, and net earnings per share were
$.18 and $.17 in second quarter 2016 and 2015, respectively, an
increase of $.01 or 6%.

First half 2016 net sales were $207,621,000 compared to $213,005,000
in first half 2015, a decrease of $5,384,000 or 3%. First half 2016
net earnings were $21,032,000 compared to $20,213,000 in first half
2015, and net earnings per share were $.34 and $.32 in first half
2016 and 2015, respectively, an increase of $.02 per share or 6%.

Mrs. Gordon said, "Second quarter and first half 2016 net sales were
adversely impacted by the effects of a stronger U.S. dollar and
related currency translation of foreign sales, as well as the timing
of sales to certain customers when compared to the prior year periods.
Net earnings in second quarter and first half 2016 benefited from
higher price realization on sales, but were adversely impacted by
higher costs for ingredients and manufacturing operations. These
higher manufacturing costs include the effects of lower production
volumes in order to reduce finished goods inventory levels and
additional costs to meet new product labeling requirements. This
inventory reduction was in response to uncertainties surrounding
changes in state and national labeling regulations and requirements.
Net earnings in the prior year second quarter and first half 2015
benefited from a favorable nonrecurring foreign income tax adjustment
and resulting lower effective income tax rate which adversely affects
the comparison to the 2016 comparative periods. The Company's second
quarter and first half 2016 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
                        JUNE 30, 2016 & 2015

                                             SECOND QUARTER ENDED
                                            2016              2015

Net Product Sales                      $ 104,259,000     $ 107,528,000

Net Earnings                           $  11,136,000     $  11,059,000

Net Earnings Per Share   *             	   $ .018             $ .17

Average Shares Outstanding *              62,427,000        63,426,000


                                               SIX MONTHS ENDED
                                            2016              2015

Net Product Sales                      $ 207,621,000     $ 213,005,000

Net Earnings                           $  21,032,000      $ 20,213,000

Net Earnings Per Share   *                 $ .34             $ .32

Average Shares Outstanding *              62,466,000        63,532,000



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