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Form 8-K TOOTSIE ROLL INDUSTRIES For: Mar 31

April 29, 2015 12:25 PM EDT
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 27, 2015
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 27, 2015, 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, 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 
                 April 27, 2015.



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 27, 2015               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 27, 2015.



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			Monday, April 27, 2015



CHICAGO, ILLINOIS - April 27, 2015 - Ellen R. Gordon, Chairman, 
Tootsie Roll Industries, Inc., reported first quarter 2015 net
sales and net earnings. 

First quarter 2015 net sales were $105,477,000 compared to
$106,812,000 in first quarter 2014. First quarter 2015 net
earnings were $9,154,000 compared to $9,581,000 in first quarter
2014, and net earnings per share were $.15 in both first quarter
2015 and 2014.

Mrs. Gordon said, "First quarter 2015 sales were adversely affected 
by the effects of a stronger U.S. dollar on foreign sales. Excluding 
the effects of this unfavorable foreign exchange, reported net sales 
in first quarter 2015 would have matched first quarter 2014. Plant 
efficiencies driven by capital investments and ongoing cost 
containment programs mitigated increases in operating costs and 
expenses in first quarter 2015 compared to first quarter 2014. 
Although our overall comparative ingredient costs in first quarter 
2015 were generally in line with first quarter 2014, certain key 
ingredient costs are higher this year. The Company's first quarter
2015 net earnings were adversely affected by unfavorable foreign 
exchange, but 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, 2015 & MARCH 29, 2014

                                             FIRST QUARTER ENDED
                                            2015              2014

Net Product Sales                      $ 105,477,000     $ 106,812,000

Net Earnings                           $  9,154,000      $  9,581,000

Net Earnings Per Share   *                 $ .15             $ .15

Average Shares Outstanding *              61,831,000        62,610,000 


     

  *Based on average shares outstanding adjusted for 3% stock dividends 
   distributed April 10, 2015 and April 4, 2014.



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