Gone are the days when it felt like a cumbersome and annoying factor to do. Before we start, I wanted to note that we're carefully monitoring the coronavirus situation and our thoughts are with all of these affected. Jim will communicate a bit more on the provision chain scenario and client demand, as we see it today. We'll continue to watch the provision chain as the situation in our nations of manufacturing stays fluid. By way of our business, we do not anticipate a close to-time period stock or provide chain influence from the virus, as our spring and summer shipments were en route previous to the outbreak, and the overwhelming majority of our fall holiday product is still projected to arrive on time. Synbiotic 365 is an unbelievable product by United Naturals. As we have now said in the past, our objective has been to make Lands' End product obtainable to our customers wherever, at any time when and nevertheless they wish to shop. Kohl's and Lands' End share quite a bit in common.
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A lot of our customers are Kohl's customers. I'll give you a clue, there are choices and good people take options. 5, so there are four higher choices if you happen to want them. To avoid encountering such hassles whereas traveling to a new city, it is healthier for you to spend on an airport automobile service in La Canada or an airport automobile service in Pasadena which is not a lot in comparison with the hassles you possibly can encounter during a commute. But it is better to invest in this as a result of it's a one-time funding and your cellphone display screen will be properly protected. Most medical doctors will still see a tumor and continue to offer a person chemotherapy (until they're useless) in attempts to make it disappear. Except you put your rubbish in your washable nylon bag, convey it to the principle disposal space and move it to the individual in charge at the time for disposal of our trash.
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And more importantly, on condition that the Kohl's buyer shares a lot of the identical demographic features of the Lands' Finish customer, we now have an opportunity to expose our merchandise to many more potential customers who do not yet know our model or haven't purchased Lands' Finish in a protracted time. 2020 guidance at this time. For the quarter, adjusted EBITDA was $49.3 million, that is roughly a 30% enhance versus final yr and that was on the excessive end of our steerage of $46 million to $50 million. 0.50 per diluted share final 12 months. Income tax was an expense of $8.8 million, compared to $8.1 million last year. For the fourth quarter, revenue increased 9.4% to $549.5 million, compared to $502.3 million last 12 months. Whole cash at the top of the quarter was $77.1 million, compared to $193.Four million final 12 months. The cash balance discount was primarily due to the voluntary prepayment of our time period loan, and to a lesser extent a rise in stock.
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Turning to the balance sheet. Turning to our IT initiatives. Turning to our monetary results. We're very happy with the sturdy outcomes we delivered in the fourth quarter and all through 2019, as we proceed to make progress across our strategic initiatives. Gross margin within the fourth quarter was up roughly 90 foundation factors, to 39.8%. The gross margin enhance was primarily pushed by our improved promotional strategies and continued use of analytics to optimize markdowns. While we continue to make use of strategies to drive all segments of our file, we have now amplified initiatives to drive repeat purchases from new customers. Our strong e-commerce performance was pushed by customers persevering with to reply favorably to our key item strategy, as well as improved productivity at our advertising initiatives. I will converse to each of these following Jim's overview of our financial performance and our outlook. We capped off an amazing year with a robust fourth quarter performance led by our e-commerce business.