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Tootsie Roll Industries 2Q Net Down 6.4% On Costs
Wednesday, July 26, 2006 12:32 PM


DOW JONES NEWSWIRES

Tootsie Roll Industries Inc.'s (NYSE:TR) (TR) second-quarter net income fell 6.4% to $ 12.9 million, or 24 cents a share, from $13.7 million, or 25 cents a share, a year earlier.

The Chicago candy company's sales fell 8.4% to $94.9 million from $103.6 million a year earlier.

Results were hurt by a change in package size, weight and price as well as higher ingredient, energy, freight and delivery costs.

-Jonathan Vuocolo; 201-938-5400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   07-26-06 1232   Copyright (c) 2006 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )


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