Executive readout · one minute
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KRT
$54.54
-0.26%
KRT
· Karat Packaging Inc.
$54.54
-0.14 (-0.26%)
At close · Oct 6
Return incl. dividend (before tax)
Market Cap
$1.06B
Shares
19.93M
Volume · Oct 6
62.29K
Avg daily vol (3M)
153.06K
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Earnings call · FY2024 Q2
Karat Packaging Inc. (KRT) Q2 2024 Earnings Call
Forward guidance
2 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Revenue
$112.60M
+3.5% YoY
Diluted EPS
$0.45
-15.1% YoY
Gross margin
38.5%
+0.0 pp YoY
Net income
$9.10M
-13.3% YoY
Research materials
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Forward guidance
From the 8-K filed Aug 8, 2024.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
Gross margin
Initiated
the 2024 third quarter
|
38% – 39% | — | |
|
Gross margin goal
Raised
the 2024 full year
|
38% – 40% | — |
SEC filing · Item 2.02
8-K earnings release
Filed Aug 8, 2024 · complete as-filed document
SEC periodic report
10-Q report
Filed Aug 9, 2024 · complete as-filed document