Sign in

    David Fulcrum • Truist Securities

    David Fulcrum is a Financial Analyst at Truist Securities, focusing on financial sector research and offering analytical support for internal and client-facing investment activities. He is recognized for his tenure, having been with Truist for less than a year according to recent career records, and he has established a reputation for reliability during his professional journey. His expertise spans across multiple financial products and sectors, although specific company coverage and performance analytics or rankings have not been publicly disclosed. Fulcrum holds key professional credentials and licenses required for analyst roles in the securities industry.

    David Fulcrum's questions to BRC Inc (BRCC) leadership

    David Fulcrum's questions to BRC Inc (BRCC) leadership • Q4 2024

    Question

    David Fulcrum, on for Bill Chappell, asked about the company's COGS exposure to aluminum, whether any hedging programs are in place, and for an explanation of the significant increase in the 'other expense' line item.

    Answer

    CEO Chris Mondzelewski and CFO Steve Kadenacy responded. Kadenacy clarified that packaging is a low-double-digit percentage of total COGS, with aluminum cans being a very small portion, and Mondzelewski confirmed they do not have hedging programs for it. Mondzelewski explained that the jump in 'other expense' was due to a one-time, non-cash impairment charge related to capital expenditures on three underperforming coffee shops and is not expected to be a significant recurring item.

    Ask Fintool Equity Research AI