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Tootsie Roll 1Q Net Fell To $12.4 Million From $12.5 Million
Thursday, April 27, 2006 1:16 PM


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. 
(Source: iStockAnalyst )


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