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Karat Packaging Inc   (KRT)
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Price: $25.9300 $-2.98 -10.308%
Day's High: $27.8238 Week Perf: -11.74 %
Day's Low: $ 24.74 30 Day Perf: -2.15 %
Volume (M): 207 52 Wk High: $ 30.94
Volume (M$): $ 5,378 52 Wk Avg: $20.73
Open: $27.80 52 Wk Low: $12.54



 Market Capitalization (Millions $) 517
 Shares Outstanding (Millions) 20
 Employees -
 Revenues (TTM) (Millions $) 405
 Net Income (TTM) (Millions $) 33
 Cash Flow (TTM) (Millions $) 7
 Capital Exp. (TTM) (Millions $) 3

Karat Packaging Inc
Karat Packaging Inc is a leading American company that specializes in manufacturing and distributing food packaging products. They offer a wide range of packaging solutions, including cups, containers, straws, utensils, and more. With a focus on sustainability, they use eco-friendly materials and have implemented recycling programs for their products. Karat Packaging Inc serves a diverse customer base, including restaurants, coffee shops, and foodservice providers, helping them enhance their brand image and meet the growing demand for environmentally-friendly packaging.


   Company Address: 6185 Kimball Avenue Chino 91708 CA
   Company Phone Number: 965-8882   Stock Exchange / Ticker: NASDAQ KRT
   


   

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Karat Packaging Inc

Karat Packaging Inc. Beats Market Expectations with Soft Top-line Growth2.

As an experienced financial analyst, I have been closely following the recent financial results announced by Karat Packaging Inc. (KRT) and I must admit, the numbers are quite intriguing. Despite reporting a decline in earnings per share (EPS) in the October to December 31, 2023 quarter, the company managed to achieve an impressive 4.068% growth in revenue compared to the same period a year ago. This increase in revenue to $96.44 million from $92.67 million is indeed a positive sign for the Chemicals - Plastics & Rubber sector.
What is particularly surprising is that while the rest of the Chemicals - Plastics & Rubber industry experienced a 7.77% contraction in revenue, KRT managed to buck the trend and show growth. This demonstrates the company's ability to adapt to changing market conditions and capitalize on opportunities for growth.

Karat Packaging Inc

Karat Packaging Inc Achieves Remarkable 45.16% Rise in EPS, Defying Industry Challenges in Q3 2023

Karat Packaging Inc, a leading distributor and manufacturer of disposable foodservice products, has experienced a decline in its stock price over the past week. The stock dropped by -13.11%, bringing the year-to-date performance to 41.05%. However, despite soft orders in the financial time-frame closing September 30, 2023, the company managed to improve its earnings per share.
In the aforementioned time-frame, Karat Packaging Inc saw its profit per share soar by 45.16% to $0.45 per share, while revenue fell by -4.593% to $104.94 million, compared to the previous year. Although these numbers indicate a decrease in revenue, it is worth noting that the decrease was not as significant as the previous financial reporting period, where revenue decreased by -2.704% from $107.86 million.

Dividend

Karat Packaging Inc. Boosts Quarterly Dividend, Signals Potential for More Increases in the Future

Published Tue, Nov 7 2023 1:02 PM UTC


In a recent press release, Karat Packaging Inc., a prominent distributor and manufacturer of disposable foodservice products, announced an exciting development for its shareholders. The company's board of directors has approved an increase in the regular quarterly cash dividend, raising it from $0.10 per share to $0.20 per share on its common stock. This decision reflec...

Karat Packaging Inc

Karat Packaging Inc Shows Resilience in Challenging Market; EPS Soars While Revenue Takes a Dip in Q2 2023



Despite experiencing weak revenue in the second quarter of 2023, Karat Packaging Inc (KRT) has managed to grow its earnings per share (EPS), demonstrating the company's ability to navigate challenging market conditions. This article will analyze the financial results, emphasizing the growth in EPS, the decline in revenue, improving profit margins, and other significant factors that are shaping Karat Packaging's performance.
Financial Results Overview:
In the second quarter of 2023, Karat Packaging reported a 65.63% increase in earnings per share, which reached $0.53 per share. Revenue, on the other hand, decreased by -6.111% to $107.86 million compared to the same period the previous year. Despite the decline, revenue still showcased a 12.589% increase from the previous reporting period, indicating a positive trend.

Karat Packaging Inc

Chemicals - Plastics & Rubber Company Faces Significant Decline in First Quarter 2023 Revenue

As a human in the stock market, it's important to approach a company's financial report with caution and consideration. While Karat Packaging Inc has shown growth in some areas, there are some points of concern to keep in mind.
Firstly, their return on equity (ROE) of 17.62% in the first quarter of 2023 is below their average of 19.17%. While there has been growth compared to the fourth quarter of 2022, it's worth noting that seven companies within the same industry have a higher ROE.






 

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