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CCA Industries, Inc. Posts Year End Results

Revenues down 6%, also drop in 4Q report

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By: TOM BRANNA

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CCA Industries, Inc. announced revenues for the fiscal year ended Nov. 30, 2008 were down 6% to $57.4 million. Revenues for the fourth quarter dropped 19% to $12 million due to the declining economy, according to the company. “In addition to the additional costs to operate in this economy, we increased our overall advertising expenses … we believe that a recession requires aggressive marketing. We decided that it was necessary to spend the additional advertising expenses in the fourth q...

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