CCA Industries, Inc.’s sales and profits plunged in the fiscal year ended Nov. 30, 2013. Sales fell more than 25% to $38.8 million. Sales fell nearly 50% in the fourth quarter to $6.0 million, due to lower sales of the company’s nail color brand and diet brand, combined with higher reserves for returns and inventory related to the nail color brand. “As previously reported, we do not anticipate those substantial losses continuing in fiscal 2014,” stated Richard Kornhauser, president and chief ex...