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CCA Industries Q2 income $349,320

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Christian Fernsby ▼ | July 9, 2019
CCA Industries
CCA Industries   The company reported income of $349,320 for the three months ended May 31

CCA Industries announced its results for the second quarter ended May 31, 2019.

The company reported income of $349,320 for the three months ended May 31, 2019 compared to a loss of $292,320 for the same period in fiscal 2018.

Lance Funston, Chief Executive Officer commented, "We are pleased that our results show that we not only returned to an operating profit in fiscal 2019, but that the Company also has top line growth as reflected in a 29.2% increase in revenue for the second quarter of fiscal 2019 compared to the same quarter in 2018.

"This is a result of several management initiatives, including targeted advertising, increased promotions and expanded distribution.

"Management is continuing to work to increase our top line sales in order to bring value to our shareholders.

"We look forward to future successes in expanding the distribution of our products into fiscal 2020."


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