Karat Packaging Inc. (KRT): Price and Financial Metrics Recent IPO
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KRT Price/Volume Stats
| Current price | $20.55 | 52-week high | $21.23 |
| Prev. close | $20.69 | 52-week low | $15.56 |
| Day low | $20.28 | Volume | 48,087 |
| Day high | $20.97 | Avg. volume | 52,013 |
| 50-day MA | $0.00 | Dividend yield | N/A |
| 200-day MA | $0.00 | Market Cap | 405.02M |
Karat Packaging Inc. (KRT) Company Bio
Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based and other compostable forms primarily used in restaurants and foodservice areas. It offers food and take-out containers, bags, tableware, cups, lids, cutlery, and straws under the Karat and Karat Earth names. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is headquartered in Chino, California.
Latest KRT News From Around the Web
Below are the latest news stories about Karat Packaging Inc that investors may wish to consider to help them evaluate KRT as an investment opportunity.
Karat Packaging's (KRT) CEO Alan Yu on Q1 2021 Results - Earnings Call TranscriptKarat Packaging Inc. (KRT) Q1 2021 Earnings Conference Call May 27, 2021 5:00 PM ET Company Participants Roger Pondel – Investor Relations Alan Yu – Chief Executive Officer Ann Sabahat – Chief Financial Officer Conference Call Participants Michael Hoffman – Stifel Ryan Merkel – William Blair Jake Bartlett – Truist... |
Karat Packaging Provides Financial Outlook for Second Quarter 2021CHINO, Calif., May 28, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it expects net sales for the 2021 second quarter to be in the range of $92 million to $94 million, as it continues to raise prices due to higher demand. About Karat Packaging Inc. Karat Packaging 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, e... |
Karat Packaging Reports 2021 First Quarter Financial ResultsCHINO, Calif., May 27, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its 2021 first quarter ended March 31, 2021. First Quarter 2021 Highlights Net sales of $75.7 million, up 18.1 percent from $64.1 million for the same period last yearGross profit of $21.6 million, up 20.9 percent from $17.9 million for the same period last yearGross margin of 28.6 percent, up 70 basis points from 27.9 percent for the same period last yearAcquired Pacific Cup, Inc., adding the company’s sixth distribution center and third manufacturing plant Alan Yu, chief executive officer, said, “Results for the 2021 first quarter reflected stron... |
Karat Packaging Inc to Host Earnings CallNEW YORK, NY / ACCESSWIRE / May 27, 2021 / Karat Packaging Inc (NASDAQ:KRT) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 27, 2021 at 5:00 PM Eastern Time.To listen to the event live or access a replay of the call - visit https://www. |
Karat Packaging to Present at William Blair Growth Stock Conference, June 3 at 3:40 p.m. ETCHINO, Calif., May 26, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly disposable foodservice products and related items, today announced that Alan Yu, its chief executive officer, will present at the William Blair 41st Annual Growth Stock Conference on June 3, 2021 at 3:40 p.m. ET. The presentation can be accessed live at https://wsw.com/webcast/blair58/krt/1795495, or from Karat Packaging’s website at https://www.karatpackaging.com/, under Investors, where it also will be archived. Management will conduct one-on-one meetings with investors during the conference. About Karat Packaging Inc. Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of environmentally friendly, disposa... |
KRT Price Returns
| 1-mo | 14.80% |
| 3-mo | N/A |
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| YTD | N/A |
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