secwatch.observer — SEC 8-K summary
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Issuer:     Karat Packaging Inc. (KRT)
CIK:        0001758021
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023831
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758021/000162828025023831/0001628280-25-023831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758021/000162828025023831/krt-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023831

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