Welcome to our dedicated page for Cca Industries news (Ticker: CAWW), a resource for investors and traders seeking the latest updates and insights on Cca Industries stock.
CCA Industries, Inc. reports operating results and brand developments for a consumer health and beauty aids business traded under CAWW. The company manufactures and markets products under individual brand names, including Plus White toothpaste and teeth whiteners, Nutra Nail nail care treatments, Porcelana and Sudden Change skin care products, Scar Zone scar treatment products, Hair Off depilatories, and Neutein brain health supplements.
Recurring company updates cover quarterly and annual financial results, EBITDA and expense trends, advertising investment behind core brands, online-channel growth, warehouse and supply-chain cost actions, and portfolio changes such as completed brand sales. Corporate items also include shareholder voting matters, capital-structure disclosure, governance matters, and OTC disclosure updates.
CCA Industries, Inc. (OTC: CAWW) reported a net income of $80,225 for Q3 2020, a significant turnaround from a net loss of $59,747 in Q3 2019. Total revenues for the quarter were $3,735,176, down from $4,108,891 in the previous year. Year-to-date earnings have been impacted by substantial legal fees incurred for the acquisition of the Solar Sense brand. CEO Lance Funston highlighted a strategic shift towards online sales to counteract pandemic-related retail losses. YTD revenue decreased to $10,873,216 from $13,468,602 in the prior year.
CCA Industries, Inc. (OTC: CAWW) announced results from its Annual Shareholders Meeting held on September 16, 2020. Shareholders re-elected Lance T. Funston, Brent Funston, and S. David Fineman as directors, while Sardar Biglari and others were elected by Class A shareholders. The appointment of CohnReznick LLP as public accountants for fiscal year ending November 30, 2020, was ratified. Lance Funston was re-elected as Chairman and Chief Executive Officer. CCA manufactures health and beauty products, including brands like 'Plus White' and 'Bikini Zone.'