Karat Packaging Inc. Stock Price, News & Analysis

Karat Packaging (Nasdaq: KRT) announced a proposed secondary offering of 1.5 million shares of common stock by certain management team members. The Selling Stockholders will grant underwriters a 30-day option to purchase an additional 225,000 shares. Notably, Karat will not receive any proceeds from this offering as it's not offering any shares directly. BofA Securities and William Blair & Company are serving as joint lead book-runners for the offering, which is being made through a shelf registration statement on Form S-3. The offering will be conducted via a prospectus supplement and accompanying prospectus filed with the SEC.

Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products, has announced its participation in two upcoming investor conferences in June 2025. The company's leadership team, including CEO Alan Yu and CFO Jian Guo, will attend:

1. The Stifel 2025 Cross Sector Insight Conference on June 3 at the InterContinental Boston Hotel

2. The 45th Annual William Blair Growth Stock Conference on June 4 at the Loews Chicago Hotel

During both conferences, management will conduct one-on-one meetings with investors. Interested parties can contact representatives at Stifel Capital Markets or William Blair & Co. for additional information or to schedule meetings.

Karat Packaging (NASDAQ: KRT) reported strong Q1 2025 financial results with net sales increasing 8.4% to $103.6 million compared to $95.6 million in Q1 2024. The company achieved net income of $6.8 million, up 5.2% year-over-year, with earnings per share of $0.32. Gross profit rose 8.4% to $40.8 million, maintaining a gross margin of 39.3%. The company has strategically reduced its reliance on Chinese imports from 20% to 15% due to tariff challenges, implementing price increases in April and planning additional increases in mid-May. Online sales grew nearly 20% during Q1. The company declared a quarterly dividend of $0.45 per share. For Q2 2025, KRT expects high single-digit to low double-digit sales growth and maintained its full-year 2025 guidance.

Karat Packaging (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products, has announced a quarterly cash dividend of $0.45 per share. The dividend will be paid on May 23, 2025, to stockholders of record as of May 16, 2025. This regular quarterly dividend declaration demonstrates the company's commitment to returning value to shareholders.

Karat Packaging (Nasdaq: KRT), a specialty distributor and manufacturer of eco-friendly disposable foodservice products, has scheduled its 2025 first quarter financial results announcement for Thursday, May 8, 2025, after market close.

The company will host an investor conference call on the same day at 2:00 p.m. PT/5:00 p.m. ET. Investors can join via phone (877-418-4045 for domestic; 412-317-6745 for international) or access the webcast at irkarat.com/events-presentations, where the recording will be available for approximately one year.

Karat Packaging (Nasdaq: KRT) reported strong Q4 2024 results with net sales increasing 6.3% to $101.6 million. The company achieved notable improvements with gross profit up 16.8% to $39.8 million and net income rising 40.3% to $5.9 million compared to Q4 2023.

Key Q4 metrics include gross margin expansion to 39.2% and Adjusted EBITDA of $11.3 million. Eco-friendly products grew 11% year-over-year, representing 35% of total sales. The company has reduced China dependency to 20% of imports, with Taiwan now accounting for over 50% of global sourcing.

For 2025 guidance, KRT expects Q1 sales growth of 6-8% and full-year sales growth of 9-11%. The company announced a quarterly dividend of $0.45 per share, payable February 28, 2025.

Karat Packaging (NASDAQ: KRT) has signed a lease for a new 187,000 square-foot warehouse and distribution center in Chino, California, strategically located near its headquarters. The facility will nearly double the company's current distribution capabilities in Chino, enhancing inventory management and delivery times.

The expansion will enable Karat to:

• Nearly double its inventory capacity in California
• Add approximately 500 new SKUs of paper products
• Improve operating efficiencies
• Support growth ahead of summer peak season
• Expand third-party logistics services in Southern California
• Increase wallet share with existing customers
• Service more new accounts

Karat Packaging (Nasdaq: KRT), a specialty distributor and manufacturer of eco-friendly disposable foodservice products, has scheduled the release of its 2024 fourth quarter and full year financial results after market close on Thursday, March 13, 2025. The company will host an investor conference call on the same day to discuss the results.

Karat Packaging (Nasdaq: KRT) has announced an increase in its quarterly cash dividend. The company's board of directors approved a regular quarterly dividend of $0.45 per share on common stock, up from the previous $0.40 per share. The dividend will be paid around February 28, 2025, to stockholders of record as of February 24, 2025. Karat Packaging operates as a specialty distributor and manufacturer of disposable foodservice products and related items.