<SEC-DOCUMENT>0000098677-16-000022.txt : 20161026
<SEC-HEADER>0000098677-16-000022.hdr.sgml : 20161026
<ACCEPTANCE-DATETIME>20161026171429
ACCESSION NUMBER:		0000098677-16-000022
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160930
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161026
DATE AS OF CHANGE:		20161026

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:		161953303

	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>sep16f8kfiling.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

October 25, 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 October 25, 2016, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition for
the third quarter ended September 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
                 October 25, 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.


October 25, 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 October 25, 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, October 25, 2016


CHICAGO, ILLINOIS - October 25, 2016 - Ellen R. Gordon, Chairman,
Tootsie Roll Industries, Inc.reported third quarter and nine months
2016 net sales and net earnings.

Third quarter 2016 net sales were $185,473,000 compared to
$183,806,000 in third quarter 2015, an increase of $1,667,000 or 1%.
Third quarter 2016 net earnings were $28,637,000 compared to
$26,171,000 in third quarter 2015, and net earnings per share were
$.46 and $.41 in third quarter 2016 and 2015, respectively, an
increase of $.05 per share or 12%.

Nine months 2016 net sales were $393,094,000 compared to $396,811,000
in nine months 2015, a decrease of $3,717,000 or 1%. Nine months 2016
net earnings were $49,669,000 compared to $46,384,000 in nine months 2015,
and net earnings per share were $.80 and $.73 in nine months 2016
and 2015, respectively, an increase of $.07 per share or 10%.

Mrs. Gordon said, "Third quarter and nine months 2016 net sales were
adversely affected by the effects of a stronger U.S. dollar and related
currency translation of foreign sales, but benefited from the timing of
certain customer sales between third and fourth quarters in the
comparative 2016 and 2015 periods. Higher price realization on sales,
continuing improvements in manufacturing plant efficiencies driven by
capital investments, and ongoing cost containment programs contributed
to  higher net earnings in third quarter and nine months 2016. Net
earnings for these periods were adversely impacted by higher costs for
ingredients and additional costs relating to changes in product labeling
requirements. Net earnings in the prior year nine months 2015 period
benefited from a favorable nonrecurring foreign income tax settlement
and resulting lower effective income tax rate which adversely affects
the comparison to the 2016 results. The Company's third quarter and nine
months 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
                   SEPTEMBER 30, 2016 & 2015

                                             THIRD QUARTER ENDED
                                            2016              2015

Net Product Sales                      $ 185,473,000     $ 183,806,000

Net Earnings                           $  28,637,000     $  26,171,000

Net Earnings Per Share   *             	   $ .46             $ .41

Average Shares Outstanding *              62,174,000        63,172,000


                                               NINE MONTHS ENDED
                                            2016              2015

Net Product Sales                      $ 393,094,000     $ 396,811,000

Net Earnings                           $  49,669,000      $ 46,384,000

Net Earnings Per Share   *                 $ .80             $ .73

Average Shares Outstanding *              62,358,000        63,408,000



  *Based on average shares outstanding adjusted for 3% stock dividends
   distributed April 08, 2016 and April 10, 2015.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
