Ann Taylor Reports Q4 EPS of $0.19 vs. $0.17

AnnTaylor Stores Corporation ANN today reported results for the fiscal fourth quarter and full year of 2010, ended January 29, 2011, and provided an outlook for the first quarter and full year of fiscal 2011.

For the fiscal fourth quarter of 2010, the Company reported earnings per diluted share of $0.19, excluding after-tax restructuring charges of $0.05 per diluted share, compared with earnings per diluted share of $0.05 in the fourth quarter of 2009, excluding after-tax restructuring charges totaling $0.05 per diluted share.

On a GAAP basis, including the aforementioned restructuring charges, earnings per diluted share were $0.14 in the fourth quarter of 2010, compared with breakeven earnings per diluted share in the fourth quarter of 2009.

Total net sales for the fourth quarter of fiscal 2010 were $515.3 million, compared with net sales of $469.1 million in the fourth quarter of fiscal 2009.