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. (CAWW) delivers essential health and beauty solutions through trusted brands like Plus White and Nutra Nail. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and product innovations.
Access consolidated coverage of earnings announcements, leadership changes, regulatory filings, and strategic initiatives. Track updates across key segments including oral care formulations, skincare advancements, and OTC product expansions.
Our curated news feed serves as your primary source for understanding CAWW's market position and operational developments. Discover updates on retail partnerships, e-commerce growth strategies, and R&D investments that shape the company's trajectory in personal care markets.
Bookmark this page for streamlined access to press releases, SEC filings, and third-party analysis. Check regularly for objective reporting on CAWW's evolving role in consumer health and beauty sectors.
CCA Industries, Inc. (OTC: CAWW) reported net loss of $282,788 for the three months ended February 28, 2023, compared to net income of $24,577 in the same quarter of 2022. EBITDA shows a loss of $298,497, a decline from an EBITDA income of $68,493 a year earlier. The company noted challenges in sales stemming from delayed product shipments and expected orders. However, there was a significant increase in Amazon and online sales, rising by 72.4% compared to the previous year. The CCA CEO expressed cautious optimism for future sales growth, aiming for a return to profitability.
CCA Industries, Inc. (OTC: CAWW) reported a net loss of
CCA Industries announced its financial results for the three and nine months ended August 31, 2022. The company reported a net loss of $114,047 for Q3 2022 compared to a loss of $82,109 in Q3 2021. Net income for the nine months was $139,604, a decline from $273,445 in the previous year, mainly due to a non-cash gain last year from the Paycheck Protection Program. EBITDA was $252,321 for nine months, significantly up from $106,664. Sales of Porcelana were disrupted due to FDA regulations, but online sales increased by 58% in Q3. Future retail distribution is expected for the Neutein product.
CCA Industries, Inc. (OTC PINK: CAWW) announced the immediate resignation of board members Sardar Biglari and Philip Cooley on August 11, 2022. Lance Funston, Chairman of the Board, expressed gratitude for their service. The current board now consists of three independent directors and two non-independent directors, with no immediate plans to appoint replacements. CCA Industries manufactures health and beauty products under various brand names, including Plus White, Bikini Zone, and Nutra Nail. The company has also licensed licensing for Neutein in January 2022.
CCA Industries, Inc. (OTC: CAWW) reported its financial results for the three and six months ended May 31, 2022. Net income for Q2 2022 was $229,075, compared to $282,034 in Q2 2021. For the first half of 2022, net income stood at $253,651, down from $355,554 in H1 2021, impacted by a prior period gain on debt extinguishment. The company's EBITDA increased to $391,711 in H1 2022, significantly up from $197,956 the year before. CCA sees potential growth driven by increased online sales and effective digital marketing strategies.
CCA Industries, Inc. (OTC PINK:CAWW) held its Annual Shareholders Meeting on July 12, 2022, where key decisions were made. Lance T. Funston, Brent Funston, and S. David Fineman were re-elected as directors. Class A shareholders elected Sardar Biglari, Dr. Philip Cooley, Brian Haveson, and Michael Dunn as directors. Shareholders ratified CohnReznick LLP as public accountants for the fiscal year ending November 30, 2022. Lance Funston continues as Chairman, with Brent Funston as Vice-Chairman. Christopher Dominello was appointed as CEO, with Stephen A. Heit as CFO.
CCA Industries, Inc. (OTC: CAWW) reported a net loss of $596,349 for the year ending November 30, 2021, compared to a loss of $127,477 in 2020. The loss was partly due to a $480,899 charge for the impairment of the Solar Sense trademark and a $670,304 inventory reserve. Despite this, cash from operations increased to $988,120, up from $499,657 in 2020. Revenue fell to $13,834,596 from $14,124,251 the previous year. Amazon now accounts for 18.5% of total sales, with a 168.9% growth compared to fiscal 2020.
CCA Industries, Inc. (OTC: CAWW) has appointed Christopher Dominello as its new Chief Executive Officer, while Lance Funston continues as Chairman of the Board. The board has decided to terminate its engagement with Janney Montgomery Scott LLC. Funston expressed optimism about the company's future, emphasizing a focus on growing sales and reducing expenses. Dominello brings extensive experience, having previously revitalized brands at Ducere Pharma, leading to a significant increase in sales and distribution. CCA aims to enhance shareholder value amid challenging market conditions.
CCA Industries, Inc. (OTC: CAWW) reported a net loss of $82,109 for Q3 2021, a significant drop from a net income of $80,225 in Q3 2020. Total revenue for Q3 2021 was $3,440,070, down from $3,735,176 in the same quarter last year. The loss was attributed to COVID-related supply chain issues, resulting in $250,000 in reduced orders. However, the company sold its Sunset Café brand for $700,000 in October 2021. Year-to-date revenue stood at $10,721,510, a slight decline from $10,873,216 in the same period last year.
