CCA Industries, Inc. (NYSE MKT: CAW) announced today its results for the second quarter and six months ended May 31, 2016, which can be found in the table below.
Total net income increased to $423,677 for the three months ended May 31, 2016 from a loss of $1,586,718 for the same period in fiscal 2015. Lance Funston, Chief Executive Officer commented, "We are pleased to announce that we have had two profitable quarters in a row in fiscal 2016, demonstrating the progress the Company has made in its restructuring efforts, and is the first time that the Company has had two profitable quarters in a row since fiscal 2012. We look forward as management continues to build a stronger, healthier platform of products that serve to increase value for our shareholders."
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, "Scar Zone" scar treatment products, "Sudden Change" anti-aging skin care products, and "Solar Sense" sun protection products.