10.18.21
CCA Industries, Inc.— a manufacturer and marketer of health and beauty aids including Plus White toothpastes and Porcelana skin care—announced its results for the third quarter and nine months ended August 31, 2021.
The company reported a net loss of $82,109 for the three months ended August 31, 2021, compared to net income of $80,225 for the same period in fiscal 2020. The company’s revenues for the three months were $3.44 million compared to $3.73 million for the three months ended Aug. 31, 2020.
"Our third quarter results reflect the ongoing effects of the COVID pandemic which has affected our supply chain, causing delays with our contract manufacturers. This resulted in the company being unable to fulfill certain orders and lower product sales for the quarter,” said Lance Funston, chief executive officer. “The supply chain disruptions improved as of the end of September 2021. The specific impact of the supply chain issue resulted in reductions due to cut orders of approximately $250 thousand during the quarter."
For the nine months ended Aug 31, 2021, revenues were $10.72 million, down from $10.87 million in the same quarter the year before.
The company also announces that it has sold the Sunset Café brand last month for $700,000. The brand generated sales of of $188,532 for the nine months ended August 31, 2021, according to CCA.
In addition to Plus White toothpastes and teeth whiteners, and Pocelana skin care, CCA’s stable includes 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 two newly acquired brands, Hair Off and Solar Sense.