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 25, 2018
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 25, 2018, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition
for the second quarter ended June 30, 2018. 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 25, 2018.



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 25, 2018              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 25, 2018.

EX-99

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			Wednesday, July 25, 2018



CHICAGO, ILLINOIS - July 25, 2018 - Ellen R. Gordon, Chairman,
Tootsie Roll Industries, Inc. reported second quarter and first half
2018 net sales and net earnings.

Second quarter 2018 net sales were $105,623,000 compared to $104,897,000
in second quarter 2017, an increase of $726,000 or 1%. Second quarter 2018
net earnings were $10,489,000 compared to $11,895,000 in second quarter 2017,
and net earnings per share were $.16 and $.18 in second quarter 2018 and 2017,
respectively, a decrease of $.02 or 11%.

First half 2018 net sales were $206,482,000 compared to $208,322,000 in first
half 2017, a decrease of $1,840,000 or 1%. First half 2018 net earnings were
$18,614,000 compared to $21,946,000 in first half 2017, and net earnings per
share were $.29 and $.34 in first half 2018 and 2017, respectively, a decrease
of $.05 per share or 15%.

Mrs. Gordon said, "Although second quarter 2018 sales increased over the
comparable period, the timing of certain sales between second and third quarter
in the comparative 2018 and 2017 periods contributed to this improvement in
second quarter 2018.  Second quarter and first half 2018 results were
adversely affected by significant increases in freight and delivery expenses.
Freight and delivery expenses reflect higher freight rates driven by increases
in fuel costs and the continuing imbalance between supply and demand for
over-the-road truck delivery. Increases in manufacturing wages and employee
healthcare and other benefit costs, principally resulting from unfavorable
experience under our self-insurance programs, and higher legal and
professional fees also adversely impacted second quarter and first half 2018
results.

Gross profit margins were adversely affected by product mix and higher
international sales where margins are generally lower. In addition, costs
relating to quality improvements in product packaging and start-up of new
manufacturing packaging lines being phased into service during the second
and third quarters of 2018 also had an unfavorable impact on second quarter
and first half 2018 gross profit margins. The Company is continuing its
investments in its manufacturing operations and products to meet new
consumer and customer demands, achieve quality improvements to increase
consumer product acceptance, and achieve operational efficiencies.
Manufacturing efficiencies driven by capital investments and ongoing cost
containment programs mitigated some of these higher costs and expenses
discussed above.

Second quarter and first half 2018 net earnings benefited from more favorable
foreign exchange and a lower U.S. federal income tax rate resulting from U.S.
tax reform legislation enacted in December 2017. The Company's effective
income tax rate was 23.7%  and 27.4% in  second quarter 2018 and 2017,
respectively, and 22.9% and 28.3% in first half 2018 and 2017, respectively.
Earnings per share benefited from stock purchases in the open market
resulting in fewer shares outstanding in both second quarter and first
half 2018."

















































                     TOOTSIE ROLL INDUSTRIES, INC.
               CONSOLIDATED SUMMARY OF SALES & EARNINGS
                        FOR THE PERIODS ENDED
                        JUNE 30, 2018 & 2017

                                             SECOND QUARTER ENDED
                                            2018              2017

Net Product Sales                      $ 105,623,000     $ 104,897,000

Net Earnings                           $  10,489,000     $  11,895,000

Net Earnings Per Share   *             	   $ .16             $ .18

Average Shares Outstanding *              64,190,000        65,138,000


                                               SIX MONTHS ENDED
                                            2018              2017

Net Product Sales                      $ 206,482,000     $ 208,322,000

Net Earnings                           $  18,614,000      $ 21,946,000

Net Earnings Per Share   *                 $ .29             $ .34

Average Shares Outstanding *              64,318,000        65,308,000



  *Based on average shares outstanding adjusted for 3% stock dividends
   distributed April 06, 2018 and April 17, 2017.