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CCA Q1 Profit Declines

Health and beauty products maker CCA Industries, Inc. (CAW: Quote) 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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by RTT Staff Writer

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