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Karat Packaging Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
GlobeNewswire News Room· 2024-08-07 12:00
CHINO, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has approved payment of a regular quarterly cash dividend of $0.35 per share. The board also declared a special cash dividend of $0.15 per share on the Company's common stock. Both dividends are payable on or about August 30, 2024, to shareholders of record at ...
Karat Packaging to Participate in Two June Investor Conferences
globenewswire.com· 2024-05-21 12:05
Both events will be webcast live on Karat's investor relations website at https://irkarat.com/. Management will conduct one-on-one meetings with investors during both conferences. For those who are not able join the live webcast, these events will be archived for approximately one year. CHINO, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) ("Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that it will partic ...
Karat Packaging (KRT) Q1 Earnings & Revenues Miss Estimates
Zacks Investment Research· 2024-05-14 16:46
Karat Packaging, Inc. (KRT) reported first-quarter 2024 adjusted earnings per share (EPS) of 40 cents, missing the Zacks Consensus Estimate of 44 cents. The bottom line declined 11% from earnings of 45 cents in the year-ago quarter. Including one-time items, EPS was 31 cents compared with the year-ago quarter's 45 cents. Total revenues decreased 0.2% year over year to $96 million in the reported quarter. The top line missed the Zacks Consensus Estimate of $100 million. The year-over-year decline was led by ...
Karat(KRT) - 2024 Q1 - Earnings Call Transcript
2024-05-11 20:33
Karat Packaging Inc. (NASDAQ:KRT) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET Company Participants Roger Pondel - Investor Relations Alan Yu - Chief Executive Officer Jian Guo - Chief Financial Officer Conference Call Participants Michael Hoffman - Stifel Ryan Meyers - Lake Street Capital Markets Mike Francis - William Blair Operator Thank you for standing by. My name is Kat, and I will be your conference operator today. At this time, I would like to welcome everyone to the Karat Packaging Incorp ...
Karat(KRT) - 2024 Q1 - Quarterly Report
2024-05-10 20:26
Form 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-40336 Karat Packaging Inc. (Exact name of registrant as specified in its charter) (State or other ...
Karat(KRT) - 2024 Q1 - Quarterly Results
2024-05-09 20:12
Karat Packaging Reports 2024 First Quarter Financial Results CHINO, Calif, May 9, 2024 – Karat Packaging Inc. (Nasdaq: KRT) ("Karat" or the "Company"), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its 2024 first quarter ended March 31, 2024. First Quarter 2024 Highlights Guidance "The strategic growth initiatives we implemented last year are coming to fruition," said Alan Yu, Chief Executive Off ...
Karat Packaging Board Declares Increase in Quarterly Cash Dividend
Newsfilter· 2024-05-07 23:34
CHINO, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.35 per share on the Company's common stock, reflecting an increase from the previous quarterly dividend of $0.30 per share. The dividend is payable on or about May 24, 2024, to the stockholders of record ...
Karat Packaging to Report 2024 First Quarter Financial Results and Host Conference Call on Thursday, May 9, 2024
Newsfilter· 2024-04-25 12:00
CHINO, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. ("Karat" or the "Company") (NASDAQ:KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2024 first quarter financial results after market close on Thursday, May 9, 2024. The Company will host an investor conference call on the same day.    Call Date: Thursday, May 9, 2024 Time: 2:00 p.m. PT/5:00 p.m. ET Phone: 646-307-1963 ( ...
Karat(KRT) - 2023 Q4 - Annual Report
2024-03-15 19:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40336 Karat Packaging Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...
Karat(KRT) - 2023 Q4 - Earnings Call Transcript
2024-03-15 00:21
Karat Packaging Inc. (NASDAQ:KRT) Q4 2023 Results Conference Call March 14, 2024 5:00 PM ET Company Participants Roger Pondel - Investor Relations Alan Yu - Chief Executive Officer Jian Guo - Chief Financial Officer Conference Call Participants Jake Bartlett - Truist Securities Michael Hoffman - Stifel Ryan Meyers - Lake Street Capital Markets Operator Good afternoon. And welcome to the Karat Packaging Fourth Quarter and Full Year 2023 Earnings Conference Call [Operator Instructions]. Please note, this even ...