Wilsons The Leather Experts Inc has today announced record earnings for the fourth quarter and year ended February 3, 2001. Net sales for the fourteen-week fourth quarter increased 20.2 per cent to $381.5m, compared to $317.3m for the thirteen-week fourth quarter ended January 29, 2000. Comparable store sales for the quarter increased 3.5 per cent on top of a 12.3 per cent increase last year. Net income for the fourth quarter increased 17.9 per cent to $61.1m, or $3.51 per diluted share compared to net income of $51.8m, or $2.98 per diluted share in 1999.