date:May 08, 2014
ased 500 and 380 basis points, respectively, and were attributable to sales mix, reduced discounting, and selected price increases associated with certain vintage transitions.
The internet channel gross margins decreased 1,490 and 920 basis points, respectively, as we continue to emphasize and achieve gross profit goals over gross margin by offering higher priced wines.
Operating Loss: The fiscal 2014 net loss for the quarter and nine months ended March 31, 2014, before H.D.D. LLC's non-contro