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Karat PackagingNASDAQ: KRT

Profile

Country:

United States

IPO:

15 April 2021

Next earnings report:

08 November 2024

Last dividends:

21 August 2024

Next dividends:

N/A
$533.79 M
-13%vs. 3y high
45%vs. sector
-33%vs. 3y high
50%vs. sector
-16%vs. 3y high
76%vs. sector
-14%vs. 3y high
66%vs. sector

Price

after hours | Fri, 01 Nov 2024 20:47:16 GMT
$26.67-$0.03(-0.11%)
$112.60 M$112.93 M
$112.60 M$9.10 M

Analysts recommendations

Institutional Ownership

KRT Latest News

Karat Packaging to Report 2024 Third Quarter Financial Results and Host Conference Call on Thursday, November 7, 2024
globenewswire.com24 October 2024 Sentiment: POSITIVE

CHINO, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) --  Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2024 third quarter financial results after market close on Thursday, November 7, 2024. The Company will host an investor conference call on the same day.

Karat Packaging to Present at Lake Street's 8th Annual Best Ideas Growth Conference, September 12
globenewswire.com28 August 2024 Sentiment: POSITIVE

CHINO, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that Alan Yu, its chief executive officer, and Jian Guo, its chief financial officer, will participate at Lake Street Capital Market's 8th Annual Best Ideas Growth (BIG8) Conference in New York, on September 12, 2024. Management will conduct one-on-one meetings with investors during the conference.

Karat Packaging (KRT) Stock Dips on Q2 Earnings & Revenue Miss
zacks.com19 August 2024 Sentiment: NEGATIVE

Karat Packaging (KRT) reports a 29% y/y decline in second-quarter 2024 earnings despite a 3.5% rise in revenues, owing to higher freight costs and operating expenses.

Karat Packaging Inc. (KRT) Q2 2024 Earnings Call Transcript
seekingalpha.com10 August 2024 Sentiment: NEUTRAL

Karat Packaging Inc. (NASDAQ:KRT ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Roger Pondel - IR, PondelWilkinson Inc. Alan Yu - CEO Jian Guo - CFO Conference Call Participants Ryan Merkel - William Blair Jake Bartlett - Truist Ryan Meyers - Lake Street Capital Markets Brian Butler - Stifel Operator Thank you for standing by. My name is Celine, and I will be your conference operator today.

Karat Packaging Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
globenewswire.com07 August 2024 Sentiment: POSITIVE

CHINO, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has approved payment of a regular quarterly cash dividend of $0.35 per share. The board also declared a special cash dividend of $0.15 per share on the Company's common stock.

Karat Packaging to Report 2024 Second Quarter Financial Results and Host Conference Call on Thursday, August 8, 2024
globenewswire.com25 July 2024 Sentiment: POSITIVE

CHINO, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2024 second quarter financial results after market close on Thursday, August 8, 2024. The Company will host an investor conference call on the same day.

Karat Packaging (KRT) Q1 Earnings & Revenues Miss Estimates
Zacks Investment Research14 May 2024 Sentiment: NEGATIVE

Karat Packaging (KRT) experiences a decrease in both revenue and profit in the first quarter compared to the previous year, primarily due to lower prices.

Karat Packaging (KRT) Q4 Earnings Miss Mark, Revenues Up Y/Y
Zacks Investment Research15 March 2024 Sentiment: NEGATIVE

Karat Packaging (KRT) witnesses a decline in Q4 earnings despite higher revenues, mainly due to higher operating expenses.

Karat Packaging Inc. (KRT) Q4 2023 Earnings Call Transcript
Seeking Alpha14 March 2024 Sentiment: NEUTRAL

Karat Packaging Inc. (KRT) Q4 2023 Earnings Call Transcript

Karat Packaging: More Karat, Less Stick
Seeking Alpha18 December 2023 Sentiment: POSITIVE

Karat Packaging offers industry-leading margins, solid growth opportunities and a bias towards returning value to shareholders via regular and special dividends. Management has held the reins for over 20 years developing a robust supplier network offering a range of eco-friendly, bespoke, and branded products for the single-use foodservice industry. Regulatory and secular tailwinds favor Karat into 2024 and beyond, and these are independent of an improving cost structure and low-hanging growth opportunities.

What type of business is Karat Packaging?

Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company also provides new product development, design, printing, and logistics services. It offers its products to national and regional distributors, restaurant chains, retail establishments, and online customers. The company was founded in 2000 and is based in Chino, California.

What sector is Karat Packaging in?

Karat Packaging is in the Consumer Cyclical sector

What industry is Karat Packaging in?

Karat Packaging is in the Packaging & Containers industry

What country is Karat Packaging from?

Karat Packaging is headquartered in United States

When did Karat Packaging go public?

Karat Packaging initial public offering (IPO) was on 15 April 2021

What is Karat Packaging website?

https://www.karatpackaging.com

Is Karat Packaging in the S&P 500?

No, Karat Packaging is not included in the S&P 500 index

Is Karat Packaging in the NASDAQ 100?

No, Karat Packaging is not included in the NASDAQ 100 index

Is Karat Packaging in the Dow Jones?

No, Karat Packaging is not included in the Dow Jones index

When was Karat Packaging the previous earnings report?

No data

When does Karat Packaging earnings report?

The next expected earnings date for Karat Packaging is 08 November 2024