Dow Jones Newswires
Tootsie Roll Industries Inc.'s (NYSE:TR) (TR) first-quarter net income decreased to $ 12.4 million from $12.5 million a year earlier, as a result of higher costs principally related to major ingredients, energy, fuel and transportation.
The Chicago candy maker said its per-share profit remained flat at 23 cents, while sales for the quarter ended April 1 rose to $103.8 million from $97.9 million.
Tootsie Roll attributed the sales growth to "successful" marketing programs.
-Eamon Beltran; 201-938-5400; AskNewswires@dowjones.com
(END) Dow Jones Newswires 04-27-06 1316 Copyright (c) 2006 Dow Jones & Company, Inc.