Karat Packaging to Report 2021 Third Quarter Financial Results and Host Conference Call on Thursday, November 11, 2021
Karat Packaging Inc. (Nasdaq: KRT) announced the release of its third quarter financial results for 2021, scheduled for November 11, 2021, after market close.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Karat Packaging Inc. (Nasdaq: KRT) announced the release of its third quarter financial results for 2021, scheduled for November 11, 2021, after market close. An investor conference call will occur on the same day at 2:00 p.m. PT/5:00 p.m. ET. The company specializes in environmentally friendly disposable foodservice products, including food containers, bags, and tableware, predominantly used in restaurants across the U.S. Karat Packaging emphasizes sustainability through its Karat Earth® line, which utilizes renewable resources.
Positive
- Specializes in environmentally friendly disposable products, aligning with sustainability trends.
- Offers a diverse product range including food containers, tableware, and customized solutions.
Negative
- None.
Details
News Market Reaction – KRT
The recorded move for KRT in the trading session of this news was -16.25%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHINO, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat Packaging” 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 2021 third quarter financial results after market close on Thursday, November 11, 2021. The Company will host an investor conference call the same day.
| Call Date: | Thursday, November 11, 2021 | |
| Time: | 2:00 p.m. PT/5:00 p.m. ET | |
| Phone: | 877-270-2148 (domestic); 412-902-6510 (international) | |
| Replay: | Accessible through November 18, 2021; 877-344-7529 (domestic); 412-317-0088 (international); replay access code 10161613 | |
| Webcast: | Accessible at http://investor.karatpackaging.com/; archive available for approximately one year |
About Karat Packaging Inc.
Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of environmentally friendly, disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The Company’s eco-friendly Karat Earth® line offers quality, sustainably focused products that are made from renewable resources. Karat Packaging also offers customized solutions, including new product development and design, printing, and logistics services.
Investor Relations and Media Contacts:
PondelWilkinson Inc.
Judy Lin Sfetcu or Roger Pondel
310-279-5980
karat@pondel.com
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