logo
Share SHARE
FONT-SIZE Plus   Neg

CCA Q1 Profit Declines

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
While buying interest was somewhat subdued, stocks managed to end Tuesday's trading mostly higher. The gains on the day partly offset the steep drop seen in the previous session, although the major averages remain well off their recent highs. Media and entertainment giant Walt Disney Co. said Tuesday that Christine McCarthy, the company's Treasurer for the past 15 years, will succeed James Rasulo as Chief Financial Officer. New Jersey Governor Chris Christie officially kicked off his campaign for president at an event on Tuesday, joining an already crowded Republican field. Speaking at a rally at his former high school in Livingston, New Jersey, Christie declared he is ready to fight for the people of the United States of America.
comments powered by Disqus
Follow RTT