Company News, Financial News

Sales Down at CCA

Company is moving facility in New Jersey.

CCA Industries, Inc. posted results for the second quarter and six months ended May 31, 2015. For the three months, sales fell 6% to $6.7 million. For the six months, sales slipped 3% to $13.6 million.

The company also took a restructuring charge in the amount of $1.5 million in the second quarter of fiscal 2015. This charge included one-time expenses as a result of the company moving from its facility in East Rutherford, NJ, which comprised approximately 80,000 square feet, to a new space in Ridgefield Park, NJ that consists of approximately 7,414 square feet. CCA will sublet the East Rutherford facility until May 2022, when the company's lease there expires. 
 
 

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