secwatch.observer — SEC 8-K summary
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Issuer:     Karat Packaging Inc. (KRT)
CIK:        0001758021
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001628280-22-022460
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karat Packaging Q2 revenue $114.9M, record high; adjusted EPS $0.34
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- Record Q2 net sales $114.9M, +21.5% YoY; gross margin 29.6% vs 29.7% YoY.
- Net income $7.2M ($0.32 diluted EPS) vs $9.3M ($0.50) last year; adjusted diluted EPS $0.34 vs $0.29.
- Adjusted EBITDA $11.8M, +14.6% YoY; margin 10.3% vs 10.9%.
- Q3 2022 net sales guidance $117-120M; full-year 2022 net sales guidance $445-449M.
- Gross margin goal for full-year 2022: 31% to 32%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758021/000162828022022460/0001628280-22-022460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758021/000162828022022460/krt-20220811.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-022460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer