SAN FRANCISCO — Retailer Williams-Sonoma said fourth-quarter earnings slipped 4%, but rose slightly for the fiscal year ended Jan. 31 on record annual revenue of $4.98 billion.

The company said its West Elm brand continued to pace the growth with a 22.7% jump in revenues, but its flagship Pottery Barn brand also grew revenues by 2.6% and topped $2 billion for the second straight year.

Net income for the quarter ended Jan. 31 totaled $141.1 million or $1.55 per share. That was down from $147 million or $1.57 per share in the final quarter of the previous fiscal year, which included a one-time gain of 5 cents per share from the Visa/Mastercard antitrust litigation settlement.

Revenues for the quarter rose 2.9% to $1.59 billion.

Full-year net income rose 0.3% to $310.1 million or $3.37 per share. That compared with $308.8 million or $3.24 per share the previous year.

The year’s record revenue was 5.9% above the previous year, which had revenues of $4.7 billion. In both years, revenue was almost evenly split between e-commerce and traditional retail stores.

“In 2015, we delivered top- and bottom-line performance within our guidance ranges despite a challenging end to the year,” said Laura Alber, president and CEO. “We are reporting record revenue and earnings per share for the year as a result of the strength of our portfolio of outstanding brands, our balanced, multi-channel model, and solid execution. Disciplined management allowed us to meet our commitments as we adjusted to an evolving consumer and competitive landscape.”

The retailer ended the year with 618 stores, including 239 Williams-Sonoma, 197 Pottery Barn, 89 Pottery Barn Kids, 87 West Elm and 6 Rejuvenation locations.

For the current year, the company is projecting revenues of $5.15 billion to $5.25 billion. Earnings per share, excluding a one-time reorganization charge expected in the first quarter, are projected at $3.50 to $3.65.