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CCA Industries' Financial Results Up 14.5% for Q3 2012
Posted: October 16, 2012
CCA Industries, Inc. announced its results for the third quarter ended August 31, 2012. The company reported total revenues for the third quarter ended August 31, 2012 of $14,003,207, an increase of 14.5%, as compared to total revenues for the third quarter ended August 31, 2011of $12,228,988. Net income for the third quarter of fiscal 2012 was $428,747 as compared to net income of $399,294 for the same period in fiscal 2011. Basic and fully diluted earnings per share for the quarter were $0.06, as compared to $0.06 for the same quarter last year.
Total revenues for the nine months ended August 31, 2012 were $42,401,926, an increase of 12.5%, as compared to $37,685,408 for the same period in fiscal 2011. Net income for the first nine months of fiscal 2012 was $818,381 as compared to $495,131 for the same period in fiscal 2011. Basic and fully diluted earnings per share for the nine months ended August 31, 2012 were $0.12, as compared to $0.07 for the same period in fiscal 2011.
“The growth of topline revenue and positive net income has been driven by the Nutra Nail Gel Perfect, Sudden Change and Bikini Zone brands,” stated Dunnan D. Edell, president and CEO of CCA Industries, Inc. “Our expanded advertising and marketing strategies have lifted the business, and we will continue this direction to build our brands to further enhance shareholder value.”
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, Bikini Zone medicated topical and shave gels, Nutra Nail nail care treatments, Gel Perfect UV-free gel color, Scar Zone scar treatment products, Sudden Change anti-aging skin care products, Cherry Vanilla fragrances, Solar Sense sun protection products, Hair Off hair removal and depilatory products, Wash ‘N Curl shampoos and conditioners, Lobe Wonder Earlobe Patches, and Eyeboutique Shadow Shields.
Visit the CCA Industries’ website to learn more about this financial report.