Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Tootsie Roll Industries, Inc.
Type
Public
Traded as NYSE: TR
S&P 400 Component
Industry Confectionery
Founded 1896
Founder Leo Hirshfield
Headquarters Chicago, Illinois
Key people
Ellen R. Gordon
(President/CEO)
Products Candy
Revenue Green Arrow Up.svg$ 528.4M USD (2011)
Operating income
Green Arrow Up.svg$ 43.9M USD (2011)
Number of employees
2,200
Website www.tootsie.com

Tootsie Roll Industries is a manufacturer of confectionery in the United States. Its best-known products have been Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

In 1896 Leo Hirshfield, an Austrian immigrant to the United States, began work at a small candy shop located in New York City owned by the Stern & Staalberg firm. In 1907, Hirshfield decided he wanted a chocolate-tasting candy that would not melt in the heat, and that would be an economical artificial alternative to traditional chocolates. He named the candy after the nickname of his daughter, Clara "Tootsie" Hirshfield. By this point, the company had expanded to a five-story factory. In 1917 the name of the company was changed to The Sweets Company of America. The business, which had forced Hirshfield out by this point (leading to his eventual suicide), became a listed company in 1922. In 1931 the Tootsie Pop — a hard-candy lollipop with Tootsie Roll filling — was invented, and quickly became popular with Dust Bowl refugees during the Depression era because of its low price. During World War II, Tootsie Rolls became a standard part of American soldiers' field rations, due to the hardiness of the candy under a variety of environmental conditions.

In 1935, the company was in serious difficulty. Its principal supplier of paper boxes, Joseph Rubin & Sons of Brooklyn — concerned about the possible loss of an important customer — became interested in the possibility of acquiring control. The company was listed on the New York Stock Exchange, but Bernard D. Rubin acquired a list of shareholders and approached them in person in order to purchase their shares. The Rubins eventually achieved control and agreed that Bernard would run the company as president. Mr. Rubin was able to steadily increase sales and restore profits, changing the formula of the Tootsie Roll and increasing its size, moving from Manhattan to a much larger plant in Hoboken, New Jersey, and guiding the company successfully through the difficult war years when vital raw materials were in short supply. When he died in 1948 he had increased the sales volume twelvefold. After his death, his brother William B. Rubin became president and remained president until 1962.

In 1962, William's daughter, Ellen Rubin Gordon, took control, and as of January 2015, is Chairman and CEO of the company. For many years prior to his death, her husband, Melvin Gordon, was Chairman and CEO from 1962 to 2015.

In 1966, the company adopted its current name of "Tootsie Roll Industries, Inc."

The company has acquired several famous brands of confections such as The Candy Corporation of America's Mason Division (1972), Cella's Confections (1985), The Charms Company (1988), Warner-Lambert's candy division (1993; excluding gum and mints), Andes Candies (2000), and Concord Confections (2004).

The company's headquarters is located on the South side of Chicago, in a portion of the former Dodge Chicago Plant which produces the majority of its candy. The company also has a factory in Mexico City where it produces some flavors of Tootsie Pops and other candy products for the Mexican market as well as for export to the U.S. and Canada. There is also a candy factory in the Area 4 neighborhood of Cambridge, Massachusetts (belonging to the subsidiary "Cambridge Brands").

Tootsie Roll brands and products include:

Investment goal date:
Dividends reinvested
Tootsie Roll Industries, Inc. TR report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q3 2017
2017-10-24
0.0000
0.4300
Q2 2017
2017-07-27
0.0000
0.1900
Q1 2017
2017-04-25
0.0000
0.1600
Q4 2016
2017-02-08
0.0000
0.2800
Q3 2016
2016-10-25
0.0000
0.4500
Q2 2016
2016-07-27
0.0000
0.1700
Q1 2016
2016-04-26
0.0000
0.1600
Q4 2015
2016-02-09
0.0000
0.3000
Q3 2015
2015-10-27
0.0000
0.4100
Q2 2015
2015-07-23
0.0000
0.1700
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Bank of New York Mellon Corp
305873
BlackRock Fund Advisors
1022050
BlackRock Inc.
1826383
BlackRock Institutional Trust Company, N.A.
546023
DIMENSIONAL FUND ADVISORS LP
533458
GABELLI FUNDS LLC
796798
GAMCO INVESTORS, INC. ET AL
1251928
Invesco Ltd.
325048
NORTHERN TRUST CORP
336153
ProShare Advisors LLC
427199
REIK & CO., LLC
374712
ROYCE & ASSOCIATES LLC
966467
STATE STREET CORP
618867
STIFEL FINANCIAL CORP
298266
Vanguard Group, Inc
1838115
Major Shareholders
Name Relationship
Total Shares
Holding stocks
GORDON MELVIN J
0.1100% (42058)
TR /
GORDON ELLEN R
0.1100% (42058)
TR /
LEWIS BRENT LANA JANE
0.0600% (23395)
TR /
EMBER G HOWARD
0.0200% (9434)
TR /
WEINER LEIGH R
3.2700% (1236918)
TR /
% ()