8-K

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

July 28, 2011
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 July 28, 2011, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition for
the second quarter ended July 2, 2011. 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
                 July 28, 2011.



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.


July 28, 2011                    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 July 28, 2011.

EX-99

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             Thursday, July 28, 2011


CHICAGO, ILLINOIS - July 28, 2011 - Melvin J. Gordon, Chairman,
Tootsie Roll Industries, Inc. reported second quarter and first
half 2011 net sales and net earnings.

Second quarter 2011 net sales were $104,884,000 compared to
$105,026,000 in second quarter 2010. Second quarter 2011 net
earnings were $6,165,000 compared to $8,447,000 in second
quarter 2010, and net earnings per share were $.11 and $.14
in second quarter 2011 and 2010, respectively, a decrease of
$.03 per share or 21%.

First half 2011 net sales were $213,207,000 compared to
$208,270,000 in first half 2010, an increase of $4,937,000 or
2%. First half 2011 net earnings were $14,165,000 compared to
$17,651,000 in first half 2010, and net earnings per share were
$.24 and $.30 in first half 2011 and 2010, respectively, a
decrease of $.06 per share or 20%.

Mr. Gordon said, "Second quarter 2011 net sales were adversely
affected by the timing of certain customer sales as first half
2011 sales were 2% ahead of first half 2010. Second quarter and
first half net earnings were adversely affected by significantly
higher ingredient costs as well as increases in freight and
delivery expenses reflecting higher energy costs.  The Company's
second quarter and first half 2011 net earnings per share benefited
from Company Common Stock purchases in the open market resulting in
fewer shares outstanding."
























                                  TOOTSIE ROLL INDUSTRIES, INC.
                         CONSOLIDATED SUMMARY OF NET SALES & NET EARNINGS
                                      FOR THE PERIODS ENDED
                                   JULY 2, 2011 & JULY 3, 2010

                                              SECOND  QUARTER
                                    2011                       2010

Net Product Sales               $104,884,000               $105,026,000

Net Earnings                    $  6,165,000               $  8,447,000

Net Earnings Per Share   *           $ .11                      $ .14

Average Shares Outstanding *      58,012,000                 58,792,000


                                                SIX MONTHS
                                    2011                       2010

Net Product Sales               $213,207,000               $208,270,000

Net Earnings                    $ 14,165,000               $ 17,651,000

Net Earnings Per Share   *           $ .24                      $ .30

Average Shares Outstanding *      58,050,000                 58,884,000

*Based on average shares outstanding adjusted for 3% stock dividends
distributed April 7, 2011 and April 8, 2010.