Navigation Links
CCA Industries, Inc. Announces First Quarter Results
Date:4/14/2008

EAST RUTHERFORD, N.J., April 14 /PRNewswire/ -- CCA Industries, Inc. (Amex: CAW) announced today revenues of $13,871,040, net income of $343,683, and earnings per share fully diluted of $0.05 for the first quarter ended February 29, 2008. Revenues for the first quarter last year were $13,975,385, and net income was $472,753, with fully diluted earnings per share of $0.07.

"The first quarter's net income has always been the lowest quarter because the Company's business model has been to spend approximately 80% of its media budget in the first six months, causing an inordinate reduction in the first six-month's earnings. Earnings in the third and fourth quarters should not be impacted by the disproportionate deduction of media expenses," stated Dunnan Edell, President.

"Despite all of the problems in the corporate world, the Company is working to build up its cash reserves. Free cash is a little higher than it was last year at this time. There is still no corporate debt. If one of our new initiatives or core products takes off, we are in the perfect position to commit additional capital and take quick advantage of such an opportunity."

On February 25, 2008, the Board of Directors declared an $0.11 per share dividend for the second quarter ending May 31, 2008 payable to shareholders of record May 1, 2008, and payable on June 1, 2008.

CCA Industries, Inc. manufactures and markets health and beauty aids, each under its individual brand name. The products include, principally, "Plus+White" toothpastes and teeth whiteners, "Mega-T" Green Tea diet supplements, "Mega-T" Green Tea gum and mint products, "Bikini Zone" medicated topicals and shave gels, "Nutra Nail" nail care treatments, "Scar Zone" scar treatment products, "Sudden Change" anti-aging skin care products, "Parfume de Vanille" fragrances, "Solar Sense" sun protection products, "Hair Off" hair removal and depilatory products, and "Wash 'N Curl" shampoos and conditioners.

Statements contained in the news release that are not historical facts are forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which would cause actual results to differ materially, from estimated results. Such risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission.

CCA INDUSTRIES, INC.

FIRST QUARTER

NEWS RELEASE

Quarter Ended February 29, February 28,

2008 2007

Revenues $13,871,040 $13,975,385

Net Income $343,683 $472,753

Per Share Earnings

Basic $0.05 $0.07

Diluted $0.05 $0.07

Weighted Average

Shares Outstanding

Basic 7,054,442 7,002,353

Diluted 7,073,556 7,094,153


'/>"/>
SOURCE CCA Industries, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Herley Industries, Inc. Receives a $5 Million Award from EDO for Electronic Components for IEDs
2. Statement by Bonnie J. Campbell, Former Attorney General of Iowa and Spokesperson for Atlantic Richfield Co., Millennium Holdings, LLC, NL Industries, Inc., and The Sherwin-Williams Company on the Jury Verdict Reached Today in the Thomas (Milwaukee) Case
3. Hillenbrand Industries, Inc. Announces Any and All Cash Tender Offer for Its 4.50 percent Senior Notes Due 2009
4. Herley Industries, Inc. Second Quarter Earnings Release and Conference Call Notice
5. Hillenbrand Industries, Inc. Announces Early Tender Results of its Pending Any and All Cash Tender Offer for its 4.50 Percent Senior Notes Due 2009
6. Hillenbrand Industries, Inc. Announces Pricing of Its Pending Any and All Cash Tender Offer for Its 4.50 percent Senior Notes Due 2009
7. Hillenbrand Industries, Inc. Announces Expiration and Final Results of its Previously Announced Any and All Cash Tender Offer for its 4.50 Percent Senior Notes Due 2009
8. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
9. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
10. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
11. HEI, Inc. Announces Sale of RFID Division Assets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, ... Festival and World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility ... home to some of the world’s leading providers of cereal and other breakfast foods. ...
(Date:6/25/2016)... D.C. (PRWEB) , ... June 25, 2016 , ... ... discuss health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, ... their work on several important health care topics including advance care planning, healthcare ...
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern ... Laude and his M.D from the David Geffen School of Medicine at UCLA. He ... Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program ...
(Date:6/24/2016)... ... ... Those who have experienced traumatic events may suffer from a complex set of ... or alcohol abuse, as a coping mechanism. To avoid this pain and suffering, Serenity ... event. , Trauma sufferers tend to feel a range of emotions, from depression, guilt, ...
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. Amanda Cheng, an ... Cheng has extensive experience with all areas of orthodontics, including robotic Suresmile technology, ... , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It can be ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Research and Markets has announced the ... 2016 - Forecast to 2022" report to their offering. ... up to date financial data derived from varied research sources ... with potential impact on the market during the next five ... comprises of sub markets, regional and country level analysis. The ...
(Date:6/23/2016)... INDIANAPOLIS , June 23, 2016 If ... Leaders Scholarship is any indication, the future is in ... at www.diabetesscholars.org by the Diabetes Scholars Foundation ... the way of academic and community service excellence. ... since 2012, and continues to advocate for people with ...
(Date:6/23/2016)... 23, 2016 Research and Markets ... Volumes: Global Analysis (United States, China, Japan, Brazil, United ... to their offering. ... healthcare business planners, provides surgical procedure volume data in ... with an in-depth analysis of growth drivers and inhibitors, ...
Breaking Medicine Technology: