Guess Q4 Profit Jumps 81%, Tops Estimate; Sees Q1, FY11 Revenue Above Consensus

International fashion house Guess? Inc. said Wednesday its profit for the fourth quarter jumped 80.7% over last year, driven by higher sales and improved margins. Looking ahead, the company provided revenue outlook for the first quarter and fiscal year 2011, above the current Street consensus. Further, the company’s board also approved an increase to its quarterly cash dividend by 28%.