CCA Industries, Inc. Reports Fiscal 2011 Results
EAST RUTHERFORD, N.J., Feb. 29, 2012 /PRNewswire via COMTEX/ -- CCA Industries, Inc. , a manufacturer and marketer of health and beauty aids, announced today its results for the fiscal year ended November 30, 2011. The Company had total revenues for fiscal 2011 of $49,511,889, and net income of $491,698 as compared to total revenues of $50,811,642 and a net loss of $(1,664,760) for fiscal 2010. Basic and fully diluted earnings per share were $0.07 for fiscal 2011 as compared to a loss of $(0.24) for fiscal 2010. Total revenues for the fourth quarter of 2011 were $11,826,482, as compared to $10,161,740 for the fourth quarter of 2010, an increase of $1,664,742. Net income for the fourth quarter of 2011 was a loss of $(3,433) as compared to a loss of $(697,500) for the fourth quarter of 2010. Basic and fully diluted earnings per share were $0.00 for the fourth quarter of 2011 as compared to a loss of $(0.10) in the fourth quarter of fiscal 2010. The loss in the fourth quarter of fiscal 2011 was due to a disproportionate provision for income taxes in the fourth quarter resulting from the truing up of the annual provision for various state income taxes.





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