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Karat Packaging Q2 2023 Earnings Report

Karat Packaging logo
$31.61 +0.23 (+0.73%)
(As of 10:27 AM ET)

Karat Packaging EPS Results

Actual EPS
$0.68
Consensus EPS
$0.31
Beat/Miss
Beat by +$0.37
One Year Ago EPS
N/A

Karat Packaging Revenue Results

Actual Revenue
$108.74 million
Expected Revenue
$109.22 million
Beat/Miss
Missed by -$480.00 thousand
YoY Revenue Growth
N/A

Karat Packaging Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Karat Packaging Earnings Headlines

Karat Packaging: Tariffs Can Hurt Earnings
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Two Reasons to Watch KRT and One to Stay Cautious
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About Karat Packaging

Karat Packaging (NASDAQ:KRT), 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.

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