Collective Brands Reports EPS of $(0.16) vs. $(0.19); Revenue $777.38M vs. $760.68M

Collective Brands, Inc. PSS today reported financial results for its 2010 fourth quarter and fiscal year ended January 29, 2011. The fourth quarter 2010 net loss attributable to Collective Brands, Inc. was $10.1 million, or $0.16 per share, compared to a net loss of $10.9 million, or $0.17 per share, in the fourth quarter of 2009. Collective Brands' fourth quarter 2010 net sales increased 4.3% to $773.8 million. This was driven by sales growth of 19.8% from the Performance + Lifestyle Group ("PLG") Wholesale segment and Collective Brands' 0.4% comparable store sales1 increase.