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.
Although weak demand and higher costs cloud the Zacks Containers - Paper and Packaging industry's near-term outlook, SON, KRT and PACK are navigating the challenges well.
Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Karat Packing (KRT) and Packaging Corp. (PKG). But which of these two companies is the best option for those looking for undervalued stocks?
Karat Packaging NASDAQ: KRT reported a “robust” start to fiscal 2026, with first-quarter sales up nearly 13% year over year amid improving demand, market share gains, and a return to growth in its higher-margin online channel, executives said on the company's quarterly earnings call.
Karat Packaging Inc. (KRT) Q1 2026 Earnings Call Transcript
Karat Packing (KRT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Karat Packing (KRT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Karat Packing (KRT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
KRT, OPRA and MGA made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 23, 2026.
Shares of Karat Packaging Inc. (NASDAQ: KRT - Get Free Report) gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $22.31, but opened at $23.93. Karat Packaging shares last traded at $25.4550, with a volume of 51,427 shares trading hands. The company reported $0.34