Karat Packaging, Inc. (KRT)
NASDAQ:KRT
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.47Last Year’s EPS
0.57Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Q1 2026
Earnings Call Date:May 07, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a generally positive operational and top-line story: strong revenue growth (+12.9% YoY), accelerating online sales, improving supply diversification, and healthy cash generation and dividends. However, margin pressure from higher tariffs, elevated import costs, and commodity/oil price risk are notable headwinds that compressed gross and EBITDA margins. Management provided cautious but constructive guidance (Q2 sales +8%–10%, gross margin 35%–37%, full-year low-double-digit growth) and is executing pricing and sourcing actions to mitigate cost pressures. On balance, the company shows solid execution and growth momentum while addressing near-term cost challenges.Company Guidance
Double-Digit Revenue Growth
Net sales of $116.9M in Q1 2026, up 12.9% year-over-year (from $103.6M), with momentum building through the quarter and March growth exceeding 20%.
Online Sales Momentum
Online sales rose to $19.5M (up ~9.6% YoY from $17.8M) with month-by-month acceleration, achieving 19% YoY growth in March and management expecting record online revenue for the year (on track for $100M+).
Improved Profit and Cash Generation
Gross profit increased to $41.5M (from $40.8M), operating income rose 8.2% to $8.5M, net income increased 4.8% to $7.1M, adjusted EBITDA grew to $12.5M (from $11.9M), operating cash flow of $7.2M and free cash flow of $6.3M.
Maintained Shareholder Distribution
Regular quarterly dividend of $0.45 per share paid in Feb 2026 and a $0.45 dividend approved for May 2026, signaling continued shareholder returns and cash confidence.
Sourcing Diversification and Supply Resilience
Domestic purchases increased to 18% (from 14%), sourcing from Malaysia and Vietnam rose to 17% (from 12%), Taiwan reduced to 46% (from 54%) and China reduced to 11% (from 18%); added a new supplier in the Americas to reduce geographic risk.
Sustainable Product Expansion and New Wins
Eco-friendly paperback product sales grew 16.9% YoY in Q1 and the company closed another national chain paperback account, supporting long-term sustainable packaging strategy.
Improved Operating Cost Leverage and Guidance
Operating cost as a percent of sales improved to 28.3% (from 31.8% prior-year), and the company provided forward guidance: Q2 sales +8% to +10%, Q2 gross margin 35%–37%, Q2 adjusted EBITDA margin 11%–13%, and full-year net sales growth expected in the low double-digit range.
KRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $30.41 | $28.07 | -7.69% |
Mar 12, 2026 | $22.31 | $26.92 | +20.66% |
Nov 06, 2025 | $23.07 | $21.63 | -6.27% |
Aug 07, 2025 | $25.26 | $23.68 | -6.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Karat Packaging, Inc. (KRT) report earnings?
Karat Packaging, Inc. (KRT) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Karat Packaging, Inc. (KRT) earnings time?
Karat Packaging, Inc. (KRT) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is KRT EPS forecast?
KRT EPS forecast for the fiscal quarter 2026 (Q2) is 0.47.