0000721447-18-000007.txt : 20180228 0000721447-18-000007.hdr.sgml : 20180228 20180228162202 ACCESSION NUMBER: 0000721447-18-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180228 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20180228 DATE AS OF CHANGE: 20180228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CCA INDUSTRIES INC CENTRAL INDEX KEY: 0000721447 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] IRS NUMBER: 042795439 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31643 FILM NUMBER: 18651503 BUSINESS ADDRESS: STREET 1: 65 CHALLENGER ROAD STREET 2: SUITE 340 CITY: RIDGEFIELD PARK STATE: NJ ZIP: 07660 BUSINESS PHONE: 2015288200 MAIL ADDRESS: STREET 1: 65 CHALLENGER ROAD STREET 2: SUITE 340 CITY: RIDGEFIELD PARK STATE: NJ ZIP: 07660 FORMER COMPANY: FORMER CONFORMED NAME: CATHETER CORP OF AMERICA DATE OF NAME CHANGE: 19850228 8-K 1 a8-k2017fiscalresults.htm 8-K Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 28, 2018 (February 28, 2018)
CCA Industries, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE
 
1-31643
 
04-2795439
(State or other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)

1099 Wall Street West, Suite 275, Lyndhurst, New Jersey
 
07071
(Address of principal executive offices)
 
(Zip Code)

Registrant's telephone number, including area code: ( 201 ) 935-3232

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o








Item 2.02 Results of Operations and Financial Condition.

On February 28, 2018 CCA Industries, Inc. (the “Company”) issued a press release reporting its financial results for the quarter and fiscal year ended November 30, 2017. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.

The information contained in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of Section 18. Furthermore, the information contained in this Item 2.02 and Exhibit 99.1 shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.

Item 7.01 Regulation FD Disclosure.

See Item 2.02 “Results of Operations and Financial Condition” above.

Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit Number
 
Description
 
 
 
99.1
 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 Dated: February 28, 2018


CCA Industries, Inc. x

By: /s/  Stephen A. Heit                    
Stephen A. Heit
Chief Financial Officer



EX-99.1 2 pressrelease02-28x2018.htm EXHIBIT 99.1 Exhibit



Company Contact:         
Stephen A. Heit
201-528-8200
FOR IMMEDIATE RELEASE

CCA Industries, Inc. Reports Net Income for the Quarter and Year Ended November 30, 2017

LYNDHURST, N.J., February 28, 2018 -- CCA Industries, Inc. (NYSE AMERICAN: "CAW"), announced today its fourth quarter and full year results for the period ended November 30, 2017. The results can be found on the chart below.
Total net income was $1,831,181 for the year ended November 30, 2017 as compared to income of $1,181,210 for the year ended November 30, 2016, an increase of 55%. Total net income for the quarter ended November 30, 2017 increased to $568,196 as compared to income of 232,797 for the same period in fiscal 2016. Lance Funston, Chief Executive Officer commented, “We have now reported two consecutive years of increasing profits. Our increase in net income of 55% was due to management’s efforts to control costs and eliminate less profitable products. Our operating cash flow over the past two years has been used primarily to reduce the Company’s debts related to its restructuring program with an over $3 million reduction in fiscal 2017 alone. Now that the Company is on a stable operating platform, we will be turning our focus to growing top line sales. We are fully committed to increasing both the top line sales and bottom line profits to bring increased value to all of our shareholders.”
The Company will discuss more of its sales and marketing growth plans tomorrow when it holds the fiscal 2017 year-end investor phone call. Investors may phone (866) 393-4306 to participate in the call. We invite any of our current or potential shareholders to join us. The earnings call may also be accessed through a live audio webcast at:
https://event.on24.com/wcc/r/1550712/5A6DC5C0584D4B8CC314AA565C16803E
Further information may also be found on the Company’s investor web site: www.ccainvestor.com
CCA Industries, Inc. manufactures and markets health and beauty aids, each under its individual brand name. The products include, principally, “Plus+White” toothpastes and teeth whiteners, “Bikini Zone” medicated topical and shave gels, “Nutra Nail” nail care treatments, “Porcelana” skin care products, “Scar Zone” scar treatment products and “Sudden Change” anti-aging skin care products.
Statements contained in the news release that are not historical facts are forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which would cause actual results to differ materially, from estimated results. Such risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. No assurance can be given that the results in any forward-looking statement will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.











CCA INDUSTRIES, INC.


 
 
 Three Months Ended
 
 
November 30, 2017
 
November 30, 2016
 
 
 
 
 
Revenues
 
 $ 4,110,669
 
 $ 4,223,356
 
 
 
 
 
Income from Continuing Operations
 
 $ 568,196
 
 $ 231,388
Income from Discontinued Operations
 
 $ ---
 
 $ 1,409
Net Income
 
 $ 568,196
 
 $ 232,797
 
 
 
 
 
Net Earnings per Share:
 
 
 
 
    Basic
 
 
 
 
Continuing Operations
 
$ 0.08
 
 $ 0.03
Discontinued Operations
 
$ 0.00
 
 $ 0.00
Total Earnings per Share
 
$ 0.08
 
 $ 0.03



 
 
 
 
Net Earnings per Share:
 
 
 
 
    Diluted
 
 
 
 
Continuing Operations
 
$ 0.08
 
 $ 0.03
Discontinued Operations
 
$ 0.00
 
 $ 0.00
Total Earnings per Share
 
$ 0.08
 
 $ 0.03
 
 
 
 
 
Weighted Average Shares Outstanding:
 
 
 
 
Basic
 
             7,006,684
 
             7,006,684
Diluted
 
             7,006,684
 
             7,006,684






 
 
 Twelve Months Ended
 
 
November 30, 2017
 
November 30, 2016
 
 
 
 
 
Revenues
 
 $ 19,830,098
 
 $ 19,628,744
 
 
 
 
 
Income from Continuing Operations
 
 $ 1,831,181
 
 $ 1,192,684
(Loss) from Discontinued Operations
 
 $ ---
 
 $ (11,474)
Net Income
 
 $ 1,831,181
 
 $ 1,181,210
 
 
 
 
 
 
 
 
 
 
Net Earnings per Share:
 
 
 
 
    Basic
 
 
 
 
Continuing Operations
 
 $ 0.26
 
 $ 0.17
Discontinued Operations
 
 $ 0.00
 
 $ 0.00
Total Earnings per Share
 
 $ 0.26
 
 $ 0.17
 
 
 
 
 
Net Earnings per Share:
 
 
 
 
    Diluted
 
 
 
 
Continuing Operations
 
 $ 0.26
 
 $ 0.17
Discontinued Operations
 
 $ 0.00
 
 $ 0.00
Total Earnings per Share
 
 $ 0.26
 
 $ 0.17
 
 
 
 
 
Weighted Average Shares Outstanding:
 
 
 
 
Basic
 
             7,006,684
 
             7,006,684
Diluted
 
             7,006,684
 
             7,021,764