| Business Summary | | Tootsie
Roll
Industries,
Inc.
and
its
consolidated
subsidiaries
are
engaged
in
the
manufacture
and
sale
of
candy.
This
is
the
only
industry
segment
in
which
the
Company
operates
and
is
its
only
line
of
business.
The
majority
of
the
Company's
products
are
sold
under
the
registered
trademarks
Tootsie
Roll,
Tootsie
Roll
Pops,
Child's
Play,
Caramel
Apple
Pops,
Charms,
Blow-Pop,
Blue
Razz,
Zip-a-dee-doo-da
Pops,
Cella's,
Mason
Dots,
Mason
Crows,
Junior
Mint,
Charleston
Chew,
Sugar
Daddy,
Sugar
Babies,
Andes
and
Fluffy
Stuff.
In
2000,
the
Company
acquired
the
trademarks
for
Andes
and
Fluffy
Stuff,
along
with
their
corresponding
manufacturing
assets.
The
Company's
products
are
marketed
in
a
variety
of
packages
designed
to
be
suitable
for
display
and
sale
in
different
types
of
retail
outlets.
The
Company's
principal
markets
are
in
the
United
States,
Canada
and
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tootsie
Roll
Indust.
is
engaged
in
the
manufacture
and
sale
of
candy.
Products
include
Tootsie
Rolls,
Charms,
Blow
Pops,
Junior
Mints,
Sugar
Babies,
Charleston
Chews,
Sugar
Daddys
and
others.
For
the
26
weeks
ended
6/30/01,
net
sales
rose
1%
to
$169.5
million.
Earnings
fell
8%
to
$26.3
million.
Revenues
reflect
sales
volume
growth
from
brands
acquired
in
2000.
Earnings
were
offset
due
to
lower
profit
margins
coupled
with
higher
distribution
and
delivery
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Melvin Gordon, 81 Chairman
and CEO | $3.4M | Ellen Gordon, 69 Pres,
COO | 3.3M | G. Howard Ember, Jr., 48 VP
- Fin. | 945K | Thomas Corr, 52 VP
- Marketing and Sales | 1.3M | James Hunt, 58 VP
- Distribution | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|