Sign in

    Andrew Efimoff

    Senior Equity Research Associate formerly at KeyBanc Capital Markets

    Andrew Efimoff is a Senior Equity Research Associate formerly at KeyBanc Capital Markets, specializing in consumer services and finance sector analysis with coverage of companies such as ACCO Brands Corp and others in related industries. During his tenure from 2018 to 2022, Efimoff conducted in-depth fundamental research and participated in investment banking activities, earning recognition for his timely industry insights on conference calls and research publications. He began his analyst career immediately after earning his degree from the University of Michigan in 2018, subsequently joining Infusive Asset Management as a Research Analyst in 2022. Efimoff holds credentials in equity research and operates within regulated financial institutions, meeting the professional standards required for research associates at major investment banks.

    Andrew Efimoff's questions to Grayscale Ethereum Mini Trust ETF (ETH) leadership

    Andrew Efimoff's questions to Grayscale Ethereum Mini Trust ETF (ETH) leadership • Q4 2021

    Question

    Andrew Efimoff of KeyBanc Capital Markets inquired about the specifics of raw material delays, the potential impact of rising costs on future gross margins, and the company's capacity to exceed its recent quarterly revenue levels.

    Answer

    Chairman and CEO Farooq Kathwari addressed the questions, explaining that raw material issues, primarily with foam and springs for upholstery, are gradually improving. He stated that the company aims to maintain a gross margin around 58%, noting that the mix of retail versus contract business can influence this figure without necessarily impacting operating margins. Regarding revenue, Mr. Kathwari confirmed it was possible to surpass the recent $180 million quarterly level, suggesting an increase of $5 million to $8 million was a reasonable expectation.

    Ask Fintool Equity Research AI