Karat Packaging Inc. (KRT) Q2 2026 Earnings Call Transcript
Karat Packaging NASDAQ: KRT reported record second-quarter net sales of $136.3 million, up 9.9% from $124.0 million a year earlier, as growth in its online business and customer demand helped offset higher product and import costs.
Karat Packing (KRT) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.57 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 76 | $1,987.97 | $3,619.5 | $1,631.53 | 82.07% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 215 | $5,931.41 | $10,124.35 | $4,192.94 | 70.69% |
Point72 Asset Management LP Point72 Asset Management LP | 48,378 | $1.34M | $2.32M | $974,588.26 | 72.56% |
Joseph Castro Nuveen LLC | 53,217 | $1.48M | $2.53M | $1.05M | 71.25% |
Bobby Adusumilli SJS Investment Consulting Inc. | 50 | $1,187.35 | $2,381 | $1,193.65 | 100.53% |
| Containers & Packaging Industry | Materials Sector | Alan Yu CEO | NASDAQ (NGS) Exchange | 48563L101 CUSIP |
| US Country | 666 Employees | 21 Aug 2026 Last Dividend | - Last Split | 15 Apr 2021 IPO Date |
Karat Packaging Inc. operates as a comprehensive provider in the single-use disposable products industry, focusing on manufacturing and distributing items made from plastic, paper, biopolymer-based materials, and other compostable options. These products cater to the diverse needs of restaurant and foodservice environments. The company has built a reputation for delivering a wide range of foodservice solutions under the "Karat Earth" brand, prioritizing sustainability and convenience for its customers. Karat Packaging Inc. supports its product offerings with value-added services such as new product development, bespoke design, custom printing, and streamlined logistics solutions. Since its inception in 2000 and from its headquarters in Chino, California, the company has successfully served a broad client base, ranging from national and regional distributors to restaurant chains, retail establishments, and online shoppers, establishing itself as a key player in the foodservice supply industry.