The bottom line swung to a $24.6 million profit in Q4 against a loss of $91.2 million a year ago that included a $129.5 million impairment charge, as revenues fell by 6% to $494.7 million from $526.7 million. On an ongoing basis, revenues were up 3%, mainly from wholesale gains, with direct-to-consumer sales dipping 7% to $151.7 million, while WWW’s international business contracted 1% to $252.7 million. CEO Chris Hufnagel touted the inflection as a culmination of the company’s efforts over the past year but warned there was still more work ... Log in to view full article.