Tootsie Roll Industries Inc., the Chicago-based candy maker, said its second quarter profit fell 18 percent, reflecting rising costs of distribution and ingredients — in particular, sugar.
The family-run manufacturer of Junior Mints and Dots reported net income of $8.5 million, or 15 cents a share for the three months ended July 3, down from $10.3 billion, or 18 cents a share, a year ago. Get the full story »
