{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-011222","form_type":"8-K","ticker":"KRT","cik":"0001758021","company_name":"Karat Packaging Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.418411+00:00","generated_at":"2026-06-04T19:59:35.359819+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Karat Packaging Q4 net income $4.2M; full year net income up 28.4%; dividend raised to $0.30","bullets":["Q4 net sales $95.6M (+3.1% YoY); volume +7.3%; gross margin 35.7% vs 32.0%.","Full year 2023 net income $33.2M (+28.4%), net sales $405.7M (-4.1%).","Quarterly dividend increased to $0.30/share from $0.20, authorized by board.","Guides Q1 2024 net sales low-to-mid single-digit growth; FY24 growth 8-15%, gross margin 35-38%.","Record full year gross margin of 37.7% driven by shift to imports and lower ocean freight."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-011222","json":"https://secwatch.observer/filing/0001628280-24-011222.json","markdown":"https://secwatch.observer/filing/0001628280-24-011222.md","text":"https://secwatch.observer/filing/0001628280-24-011222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758021/000162828024011222/0001628280-24-011222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758021/000162828024011222/krt-20240314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T19:59:35.359819+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d38f457754dd55d16cbab1114be706116e6d9bca","claim":"Karat Packaging Inc. updated its the fourth quarter and full year ended December 31, 2023 guidance (raised).","evidence_excerpt":"On March 14, 2024, Karat Packaging Inc. (the \"Company”) issued a press release reporting its financial results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758021/000162828024011222/0001628280-24-011222-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}