date:May 08, 2014
s improved for the quarter from 16.0% to 14.3% and was flat for the year compared to the prior-year periods.
James D. Bielenberg, CFO of Truett-Hurst, Inc., states, As we build out infrastructure in personnel and systems, including those costs associated with being a public company, we are beginning to realize leverage in operating expenses as a percentage of sales. Further progress should continue as we grow the top line.
Mr. Bielenberg concluded, Based upon our third quarter results and cur