Karat Packaging Q1 net sales $103.6M (+8.4% YoY); EPS $0.32; declares $0.45 dividend

Karat Packaging Inc.

2025-Q1 EPS reported $0.32 revenue$103,624,000

Net income $6.8M (+5.2% YoY); diluted EPS $0.32 vs $0.31 prior year.
Adjusted EBITDA $11.9M (11.5% margin) vs $13.5M (14.2% margin) prior year.
Q2 guidance: net sales high-single to low-double-digit growth; gross margin in line with Q1.
Board declared quarterly dividend of $0.45/share, payable May 23 to holders of record May 16.
CEO noted reduction of China sourcing from ~20% to 15%; temporary import suspension from most Chinese vendors.

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