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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.