Health and beauty products maker CCA Industries, Inc. (CAW) Thursday reported a decline in first quarter profit due mainly to increased marketing costs.
First quarter net profit plunged to $87.5 thousand or $0.01 per share from $343 thousand or $0.05 per share last year.
Revenues totaled $13.7 million, up from $12.6 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.