Joe's Jeans Reports Q4 EPS of $0.01 vs. $0.01

Joe's Jeans Inc. JOEZ today announced financial results for the fourth quarter. For the fourth quarter ended November 30, 2010, overall net sales were $23.6 million compared to $25.2 million from the prior year comparative period, or a 7% decrease. The company generated operating income of $1.9 million compared to $3.0 million in the prior year comparative period and fully diluted earnings per share of $0.01 compared to $0.33 in same period a year ago.