Tootsie Roll Industries Inc. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Tootsie Roll Industries Inc. reported earnings results for the third quarter and nine months ended October 3, 2009. Third quarter 2009 net sales were $183,407,000 compared to $184,687,000 in third quarter 2008. Third quarter 2009 net earnings were $27,247,000 compared to $19,715,000 in third quarter 2008, and net earnings per share were $0.49 and $0.35 in third quarter 2009 and 2008, respectively, an increase of $0.14 per share or 40%. Third quarter 2009 net sales in the United States benefited from effective marketing programs and selective price increases, however, the timing of certain customer sales in the comparative second and third quarters of 2009 and 2008 adversely affected third quarter 2009 reported sales. Third quarter consolidated 2009 sales were also adversely affected by declines in export sales and certain international sales translated into U.S. dollars from a devalued foreign currency. The increase in third quarter 2009 net earnings reflects the benefits of selective price increases, lower energy and fuel costs primarily relating to freight and delivery, a lower effective income tax rate, and foreign currency gains. The increase in the Company's earnings per share for third quarter 2009 also reflects common stock purchases in the open market resulting in fewer shares outstanding. Nine month 2009 net sales were $385,274,000 compared to $376,619,000 in nine months 2008, an increase of $8,655,000 or 2.3%. Nine months 2009 net earnings were $45,905,000 compared to $33,414,000 in nine months 2008, and net earnings per share were $0.82 and $0.59 in nine months 2009 and 2008, respectively, an increase of $0.23 per share or 39%. Nine months 2009 sales and earnings benefited from the same factors and reasons as third quarter 2009 which are discussed above. Nine month 2009 sales and earnings also benefited from the additional shipping days due to the timing of the Company's quarterly periods.

Tootsie Roll Industries Inc. announced consolidated earnings results for the second quarter and first half year ended July 4, 2009. For the quarter, the company reported net sales of $107,812,000 compared to $101,591,000 in second quarter 2008, an increase of $6,221,000 or 6%. Second quarter 2009 net earnings were $10,338,000 compared to $7,246,000 in second quarter 2008, and net earnings per share were $0.18 and $0.13 in second quarter 2009 and 2008, respectively, an increase of $0.05 per share or 38%. The increase in second quarter 2009 net earnings reflect the benefits of higher sales, selective price increases, lower energy and fuel costs primarily relating to freight and delivery, and lower costs relating to products manufactured in Canada due to more favorable foreign exchange rates. The increase in the Company's earnings per share for second quarter 2009 also reflects common stock purchases in the open market resulting in fewer shares outstanding. First half 2009 net sales were $201,866,000 compared to $191,932,000 in first half 2008, an increase of $9,934,000 or 5%. First half 2009 net earnings were $18,658,000 compare to $13,699,000 in first half 2008, and net earnings per share were $0.33 and $0.24 in first half 2009 and 2008, respectively, an increase of $0.09 per share or 38%. The company reported that consolidated 2009 net sales advanced despite declines in sales outside of the U.S. reflecting lower foreign sales when translated into a stronger U.S. dollar reporting currency. First half 2009 sales and earnings benefited from the same factors and reasons as second quarter 2009. First half 2009 sales and earnings also benefited from the additional shipping days due to the timing of the Company's quarterly periods.