secwatch.observer — SEC 8-K summary
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Issuer:     Karat Packaging Inc. (KRT)
CIK:        0001758021
Form:       8-K
Filed at:   2026-08-06T20:24:24+00:00
Accession:  0001758021-26-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karat Packaging Q2 record sales $136.3M, net income up 168% on tariff refunds; dividend raised to $0.47
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- Record Q2 net sales $136.3M (+9.9% YoY); net income $29.6M (+168.3%) includes $20.2M from IEEPA tariff refunds.
- Adjusted EBITDA $41.6M (30.5% margin) includes $25.8M tariff refunds; Q3 guidance: gross margin 35-37%, adj. EBITDA margin 9-11%.
- Board raised quarterly dividend to $0.47/share (payable Aug 28, record Aug 21); $2.0M share repurchases in Q2 at avg $27.11.
- Online sales grew 23.6% YoY; added four new chain accounts; new 47,000 sq ft distribution center in Orlando expected Q3 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758021/000175802126000025/0001758021-26-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758021/000175802126000025/krt-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001758021-26-000025

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