{"schema_version":"secwatch.filing_event.v1","accession":"0001758021-25-000007","form_type":"8-K","ticker":"KRT","cik":"0001758021","company_name":"Karat Packaging Inc.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.351234+00:00","generated_at":"2026-05-16T23:52:04.097717+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Karat Packaging Q3 net sales record $124.5M (+10.4% YoY); EPS down on tariff costs","bullets":["Q3 net sales record $124.5M (+10.4% YoY); net income $7.6M ($0.36 diluted EPS) vs $9.3M ($0.45) prior year.","Gross margin fell to 34.5% from 38.6% as import duties/tariffs rose to 14.4% of sales (vs 8.6%).","Q4 guidance: net sales +10-14% YoY, gross margin 33-35%, adj. EBITDA margin 8-10%.","Board declared $0.45/share quarterly dividend (payable Nov 28) and authorized up to $15M buyback.","New paper bag contract with national chain expected to add ~$20M annual revenue; US sourcing up to 20.4%."],"urls":{"canonical":"https://secwatch.observer/filing/0001758021-25-000007","json":"https://secwatch.observer/filing/0001758021-25-000007.json","markdown":"https://secwatch.observer/filing/0001758021-25-000007.md","text":"https://secwatch.observer/filing/0001758021-25-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758021/000175802125000007/0001758021-25-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758021/000175802125000007/krt-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:52:04.097717+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}