CCA Industries reported a net loss of $697,500 in the fourth quarter of 2010. Revenues declined nearly 20% to $10.1 million. On the year, the company reported a net loss of more than $1.6 million, compared to a net income of more than $3.4 million in 2009. Sales for 2010 fell nearly 12% to $50.8 million. Company executives said that earnings were significantly impacted by two events in fiscal 2010, the first of which was the settlement of a class action litigation in California related to t...