---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046298"
form_type: "8-K"
ticker: "KRT"
cik: "0001758021"
company_name: "Karat Packaging Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:41:32.185973+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Karat Packaging Q3 net sales $112.8M (+6.9%), net income $9.3M, dividend raised to $0.40

## Summary
- Net sales $112.8M (+6.9% YoY); gross margin 38.6% (+170 bps); net income $9.3M (+1.3%).
- Adjusted EBITDA $14.7M (margin 13.0%) vs $15.2M (14.4%) prior year; adj. EPS $0.47.
- Quarterly dividend raised to $0.40/share from $0.35; payable Nov 29 to holders of record Nov 20.
- Q4 guidance: net sales growth mid-to-high single %; gross margin 39-40%.
- Volume up ~10%, new supermarket chain shipments of bakery containers and utensils.

## SEC filing metadata
- accession: 0001628280-24-046298
- form_type: 8-K
- ticker: KRT
- cik: 0001758021
- company_name: Karat Packaging Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758021/000162828024046298/0001628280-24-046298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758021/000162828024046298/krt-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046298
- JSON: https://secwatch.observer/filing/0001628280-24-046298.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046298.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.