Guess? Reports Q4 EPS of $1.06 vs. $1.06; Revenues $757M vs. $725.9M

Guess?, Inc. GES today reported financial results for the fourth quarter and fiscal year ended January 29, 2011.

Global revenue increased 18% to a record of $757 million

For the fourth quarter of fiscal 2011, the Company reported record net earnings of $103.3 million, a 19.3% increase compared to net earnings of $86.6 million for the fourth quarter of fiscal 2010. Diluted earnings per share increased 19.4%, reaching $1.11, compared to $0.93 for the prior-year quarter. In the quarter, the Company completed an assessment of North American loyalty program breakage, which resulted in a one-time benefit to revenues of $6.7 million, or $0.05 per share.