Net income returned to a positive $19,913,000 for the fourth quarter against a loss of $10,886,000 in 2018 due to the Blackstone convertible stock repurchase, on revenue that was up 22% to $262,979,000 from $215,989,000. Pairs sold for the quarter stood at 13.7 million, up 18%, with average selling price up 3% to $18.44. Clog revenues jumped 36% and made up 69% of footwear sales, compared to 62% in Q4 ’18, while sandal sales were up 7% year-over-year, turning in a third consecutive full year of double-digit growth at 10% for 2019. Gross margin was up 180 b.p. to 48%, ... Log in to view full article.