Declared Dividend • May 20
First quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 21st May 2026 Payment date: 28th May 2026 Dividend yield will be 7.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (113% earnings payout ratio) nor is it covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 73% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. EPS is expected to grow by 16% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Aankondiging • May 07
Karat Packaging Inc. announces Quarterly dividend, payable on May 28, 2026 Karat Packaging Inc. announced Quarterly dividend of USD 0.4500 per share payable on May 28, 2026, ex-date on May 21, 2026 and record date on May 21, 2026. Aankondiging • Apr 27
Karat Packaging Inc., Annual General Meeting, Jun 16, 2026 Karat Packaging Inc., Annual General Meeting, Jun 16, 2026. Location: 6185 kimba l avenue, chino, ca 91708., United States Aankondiging • Apr 23
Karat Packaging Inc. to Report Q1, 2026 Results on May 07, 2026 Karat Packaging Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Aankondiging • Mar 13
Karat Packaging Inc. Provides Earnings Guidance for the First Quarter and Full Year 2026 Karat Packaging Inc. provided earnings guidance for the first quarter and full year 2026. For the first quarter, the company's net sales are expected to increase by 8% to 10% from the prior-year quarter.
For the full year 2026, company's net sales are expected to increase by low double-digits from the prior year. Aankondiging • Feb 26
Karat Packaging Inc. to Report Q4, 2025 Results on Mar 12, 2026 Karat Packaging Inc. announced that they will report Q4, 2025 results After-Market on Mar 12, 2026 Aankondiging • Feb 06
Karat Packaging Declares Quarterly Cash Dividend, Payable on or About February 27, 2026 Karat Packaging Inc. announced that its board of directors has declared a regular quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable on or about February 27, 2026, to the stockholders of record as of February 20, 2026. Aankondiging • Nov 06
Karat Packaging Inc. announces Quarterly dividend, payable on November 28, 2025 Karat Packaging Inc. announced Quarterly dividend of USD 0.4500 per share payable on November 28, 2025, ex-date on November 21, 2025 and record date on November 21, 2025. Aankondiging • Oct 23
Karat Packaging Inc. to Report Q3, 2025 Results on Nov 06, 2025 Karat Packaging Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Aankondiging • Aug 08
Karat Packaging Inc. Announces Earnings Guidance for Third Quarter and Maintains Guidance for Full Year 2025 Karat Packaging Inc. announced earnings guidance for third quarter and maintains guidance for full year 2025. Net sales for the 2025 third quarter expected to increase by high single-digit to low double-digits from the prior-year quarter.
The company announced that it is maintaining the 2025 full year guidance on net sales. Aankondiging • Aug 06
Karat Packaging Inc. Approves Regular Quarterly Dividend, Payable on or About August 27, 2025 Karat Packaging Inc. announced that its board of directors approved a regular quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable on or about August 27, 2025, to the stockholders of record as of August 20, 2025. Aankondiging • Jul 24
Karat Packaging Inc. to Report Q2, 2025 Results on Aug 07, 2025 Karat Packaging Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Aankondiging • Jun 30
Karat Packaging Inc.(NasdaqGS:KRT) dropped from Russell 2000 Dynamic Index Karat Packaging Inc.(NasdaqGS:KRT) dropped from Russell 2000 Dynamic Index Aankondiging • May 09
Karat Packaging Inc. Provides Earnings Guidance for the Second Quarter of 2025 and Reiterated for Full Year of 2025 Karat Packaging Inc. provided earnings guidance for the second quarter of 2025 and reiterated for full year of 2025. Net sales for the 2025 second quarter expected to increase by high single-digit to low double-digits from the prior-year quarter.
The company rreiterating the 2025 full year guidance on net sales. Aankondiging • May 07
Karat Packaging Inc. Announces Regular Quarterly Dividend Payable on or About May 23, 2025 Karat Packaging Inc. announced that its board of directors approved a regular quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable on or about May 23, 2025, to stockholders of record as of May 16, 2025. Aankondiging • Apr 28
Karat Packaging Inc., Annual General Meeting, Jun 19, 2025 Karat Packaging Inc., Annual General Meeting, Jun 19, 2025. Location: offices of karat packaging inc., 6185kimball avenue, ca 91708., chino United States Aankondiging • Apr 25
Karat Packaging Inc. to Report Q1, 2025 Results on May 08, 2025 Karat Packaging Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Aankondiging • Mar 14
Karat Packaging Inc. Provides Earnings Guidance for the First Quarter and Full Year 2025 Karat Packaging Inc. provided earnings guidance for the first quarter and full year 2025. For the quarter, the company's Net sales is expected to increase by 6% to 8% from the prior-year quarter.
For the year, the company Net sales is expected to increase by 9% to 11% from the prior year. Aankondiging • Feb 27
Karat Packaging Inc. to Report Q4, 2024 Results on Mar 13, 2025 Karat Packaging Inc. announced that they will report Q4, 2024 results After-Market on Mar 13, 2025 Aankondiging • Feb 14
Karat Packaging Declares Quarterly Cash Dividend, Payable on or About February 28, 2025 Karat Packaging Inc. announced that its board of directors approved the payment of a regular quarterly dividend of $0.45 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.40 per share. The dividend is payable on or about February 28, 2025, to the stockholders of record as of February 24, 2025. Declared Dividend • Nov 11
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 20th November 2024 Payment date: 29th November 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 124% per year over the past 2 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.46 in 3Q 2023) Third quarter 2024 results: EPS: US$0.45. Revenue: US$112.8m (up 6.9% from 3Q 2023). Net income: US$9.09m (flat on 3Q 2023). Profit margin: 8.1% (down from 8.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Europe. Aankondiging • Nov 06
Karat Packaging Inc. Approves Regular Quarterly Cash Dividend, Payable on or About November 29, 2024 Karat Packaging Inc. announced that its board of directors approved the payment of a regular quarterly cash dividend of $0.40 per share on the company’s common stock, reflecting an increase from the previous quarterly dividend of $0.35 per share. The dividend is payable on or about November 29, 2024, to the stockholders of record as of November 20, 2024. Aankondiging • Oct 24
Karat Packaging Inc. to Report Q3, 2024 Results on Nov 07, 2024 Karat Packaging Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Declared Dividend • Aug 12
Second quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 21st August 2024 Payment date: 30th August 2024 Dividend yield will be 5.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (85% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 20% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: US$0.46 (vs US$0.53 in 2Q 2023) Second quarter 2024 results: EPS: US$0.46 (down from US$0.53 in 2Q 2023). Revenue: US$112.6m (up 3.5% from 2Q 2023). Net income: US$9.10m (down 13% from 2Q 2023). Profit margin: 8.1% (down from 9.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 09
Karat Packaging Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2024 Karat Packaging Inc. provided earnings guidance for the third quarter and full year of fiscal year 2024. Net sales for the 2024 third quarter expected to increase by mid to high single digits from the prior-year quarter.
Net sales for the 2024 full year expected to increase by mid-single digits from the prior year. Aankondiging • Jul 25
Karat Packaging Inc. to Report Q2, 2024 Results on Aug 08, 2024 Karat Packaging Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Aankondiging • May 11
Karat Packaging Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024 Karat Packaging Inc. provided earnings guidance for the second quarter and full year 2024. Net sales for the 2024 second quarter expected to increase by mid-single digits from the prior-year quarter.Net sales for the 2024 full year expected to increase 8% to 15% from the prior year. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.31 (vs US$0.45 in 1Q 2023) First quarter 2024 results: EPS: US$0.31 (down from US$0.45 in 1Q 2023). Revenue: US$95.6m (flat on 1Q 2023). Net income: US$6.17m (down 32% from 1Q 2023). Profit margin: 6.4% (down from 9.4% in 1Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Aankondiging • May 08
Karat Packaging Board Declares Increase in Quarterly Cash Dividend, Payable on or about May 24, 2024 Karat Packaging Inc. announced that its board of directors approved the payment of a regular quarterly dividend of $0.35 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.30 per share. The dividend is payable on or about May 24, 2024, to the stockholders of record at the close of business on May 17, 2024. Aankondiging • Apr 27
Karat Packaging Inc. to Report Q1, 2024 Results on May 09, 2024 Karat Packaging Inc. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: US$1.63 (vs US$1.19 in FY 2022) Full year 2023 results: EPS: US$1.63 (up from US$1.19 in FY 2022). Revenue: US$405.7m (down 4.1% from FY 2022). Net income: US$32.5m (up 37% from FY 2022). Profit margin: 8.0% (up from 5.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Trade Distributors industry in Europe. Aankondiging • Mar 02
Karat Packaging Inc. to Report Q4, 2023 Results on Mar 14, 2024 Karat Packaging Inc. announced that they will report Q4, 2023 results After-Market on Mar 14, 2024 Upcoming Dividend • Feb 13
Upcoming dividend of US$0.30 per share at 5.8% yield Eligible shareholders must have bought the stock before 20 February 2024. Payment date: 29 February 2024. Payout ratio is a comfortable 6.0% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.8%). Aankondiging • Feb 08
Karat Packaging Inc. Announces Regular Quarterly Dividend, Payable on or About February 29, 2024 Karat Packaging Inc. announced that its board of directors approved the payment of a regular quarterly dividend of $0.30 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.20 per share. The dividend is payable on or about February 29, 2024, to the stockholders of record as of February 21, 2024. Aankondiging • Nov 11
Karat Packaging Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of 2023 Karat Packaging Inc. provided sales guidance for the fourth quarter and full year of 2023. Net sales for the 2023 fourth quarter expected to increase 2% to 5% from the prior year quarter.Net sales for the 2023 full year expected to decrease by mid-single digit. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.31 in 3Q 2022) Third quarter 2023 results: EPS: US$0.46 (up from US$0.31 in 3Q 2022). Revenue: US$105.5m (down 4.1% from 3Q 2022). Net income: US$9.07m (up 49% from 3Q 2022). Profit margin: 8.6% (up from 5.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Trade Distributors industry in Europe. Aankondiging • Nov 08
Karat Packaging Inc. Declares Quarterly Cash Dividend, Payable on or About November 30, 2023 Karat Packaging Inc. announced that its board of directors approved the payment of a regular quarterly dividend of $0.20 per share on the company’s common stock, reflecting an increase from the previous quarterly dividend of $0.10 per share. The dividend is payable on or about November 30, 2023, to the stockholders of record as of November 20, 2023. Aankondiging • Oct 27
Karat Packaging Inc. to Report Q3, 2023 Results on Nov 09, 2023 Karat Packaging Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Recent Insider Transactions • Oct 22
COO & Director recently sold €180k worth of stock On the 17th of October, Joanne Wang sold around 9k shares on-market at roughly €20.87 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joanne's only on-market trade for the last 12 months. Board Change • Sep 20
High number of new directors CFO & Director Jian Guo was the last director to join the board, commencing their role in 2023. Aankondiging • Sep 10
Karat Packaging Inc. has completed a Follow-on Equity Offering in the amount of $21 million. Karat Packaging Inc. has completed a Follow-on Equity Offering in the amount of $21 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,000,000
Price\Range: $21
Discount Per Security: $0.735 Aankondiging • Sep 06
Karat Packaging Inc. Appoints Jian Guo to Board of Directors Karat Packaging Inc. announced the appointment of its Chief Financial Officer, Jian Guo, to the board of directors, effective immediately, filling a vacant seat. Ms. Guo will continue in her role as Chief Financial Officer.Ms. Guo joined Karat in February 2022 with deep experience in the public company marketplace. Previously, she was senior vice president and corporate controller at Resources Connection Inc., a Nasdaq-listed global consulting firm, and was senior director, financial reporting, at Newegg Inc., an international tech-focused e-retailer. She previously held a nine-year career with Ernst & Young, LLP, assisting with public offerings and SEC reporting and managing multiple audit teams. Karat's board comprises five members, three of whom are independent. Aankondiging • Sep 01
Karat Packaging Inc. Announces Executive Changes Karat Packaging Inc. announced that its Chief Operating Officer, Joanne Wang, will retire as an officer effective December 1, 2023. Wang also will relinquish her seat on the Company’s five-person board, which will remain vacant until a successor is appointed. Karat also announced the appointment of Daniel Quire as Chief Revenue Officer, a newly created position. Quire most recently was the Company’s Vice President of Sales, with more than a decade of sales management experience in the foodservice sector. Previously, Quire was with Bunzl Distribution N.A. for over 10 years, most recently as Sales Manager. Upcoming Dividend • Aug 15
Upcoming dividend of US$0.50 per share at 4.7% yield Eligible shareholders must have bought the stock before 22 August 2023. Payment date: 31 August 2023. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$0.53 (vs US$0.32 in 2Q 2022) Second quarter 2023 results: EPS: US$0.53 (up from US$0.32 in 2Q 2022). Revenue: US$108.7m (down 5.3% from 2Q 2022). Net income: US$10.5m (up 66% from 2Q 2022). Profit margin: 9.7% (up from 5.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Aankondiging • Jul 29
Karat Packaging Inc. to Report Q2, 2023 Results on Aug 09, 2023 Karat Packaging Inc. announced that they will report Q2, 2023 results After-Market on Aug 09, 2023 Reported Earnings • May 11
First quarter 2023 earnings released: EPS: US$0.45 (vs US$0.34 in 1Q 2022) First quarter 2023 results: EPS: US$0.45 (up from US$0.34 in 1Q 2022). Revenue: US$95.8m (down 9.1% from 1Q 2022). Net income: US$9.01m (up 35% from 1Q 2022). Profit margin: 9.4% (up from 6.3% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Trade Distributors industry in Europe. Aankondiging • May 11
Karat Packaging Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2023 Karat Packaging Inc. provided earnings guidance for the second quarter and full year 2023. For the quarter, Company expects Net sales to be 5% lower, primarily due to price reductions, compared with the prior year period.For the full year, Company reiterates net sales expected to increase by high single digits. Aankondiging • May 10
Karat Packaging Inc. Declares Special Cash Dividend, Payable on or About May 31, 2023 Karat Packaging Inc. announced that its Board of Directors has declared a special cash dividend of $0.35 per share on the Company’s common stock. The special dividend is payable on or about May 31, 2023, to shareholders of record at the close of business on May 23, 2023. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$1.19 (vs US$1.13 in FY 2021) Full year 2022 results: EPS: US$1.19 (up from US$1.13 in FY 2021). Revenue: US$423.0m (up 16% from FY 2021). Net income: US$23.6m (up 14% from FY 2021). Profit margin: 5.6% (down from 5.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Europe. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Eve Yen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Dec 16
Chairman & CEO recently bought €93k worth of stock On the 9th of December, Alan Yu bought around 7k shares on-market at roughly €13.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €642k. Alan has been a buyer over the last 12 months, purchasing a net total of €874k worth in shares. Recent Insider Transactions • Nov 30
Chairman & CEO recently bought €52k worth of stock On the 28th of November, Alan Yu bought around 4k shares on-market at roughly €12.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alan has been a buyer over the last 12 months, purchasing a net total of €115k worth in shares. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €13.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Trade Distributors industry in Europe. Total loss to shareholders of 27% over the past year. Board Change • Nov 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Eve Yen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: US$0.31 (vs US$0.19 in 3Q 2021) Third quarter 2022 results: EPS: US$0.31 (up from US$0.19 in 3Q 2021). Revenue: US$110.0m (up 7.1% from 3Q 2021). Net income: US$6.10m (up 61% from 3Q 2021). Profit margin: 5.5% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Trade Distributors industry in Europe. Aankondiging • Nov 11
Karat Packaging Inc. Provides Earnings Guidance for the Fourth Quarter of 2022 Karat Packaging Inc. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expects net sales of $95 million to $98 million, up from $91.3 million for the 2021 fourth quarter. Aankondiging • Nov 10
Karat Packaging Inc. Declares Special Dividend, Payable on or Around November 30, 2022 Karat Packaging Inc. announced that the Board of Directors has declared a special dividend of $0.35 per share on the Company’s common stock. The special dividend is payable on or around November 30, 2022 to shareholders of record at the close of business on November 21, 2022. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 17% share price gain to €16.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Trade Distributors industry in Europe. Total loss to shareholders of 21% over the past year. Aankondiging • Oct 28
Karat Packaging Inc. to Report Q3, 2022 Results on Nov 10, 2022 Karat Packaging Inc. announced that they will report Q3, 2022 results After-Market on Nov 10, 2022 Recent Insider Transactions • Sep 15
VP of Manufacturing & Secretary recently sold €55k worth of stock On the 13th of September, Marvin Cheng sold around 3k shares on-market at roughly €18.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €434k more than they bought in the last 12 months. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: US$0.32 (vs US$0.51 in 2Q 2021) Second quarter 2022 results: EPS: US$0.32 (down from US$0.51 in 2Q 2021). Revenue: US$114.9m (up 22% from 2Q 2021). Net income: US$6.34m (down 34% from 2Q 2021). Profit margin: 5.5% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 9.3% growth forecast for the industry in Germany. Aankondiging • Aug 12
Karat Packaging Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022 Karat Packaging Inc. provided earnings guidance for the third quarter and full year 2022. For the quarter, the company expects net sales to be in the range of $117 million to $120 million, up from $102.7 million for the 2021 third quarter.For the year, the company expects net sales to be in the range of $445 million to $449 million, versus $364.2 million in 2021. Aankondiging • Jul 29
Karat Packaging Inc. to Report Q2, 2022 Results on Aug 11, 2022 Karat Packaging Inc. announced that they will report Q2, 2022 results After-Market on Aug 11, 2022 Recent Insider Transactions • May 20
Independent Director recently sold €76k worth of stock On the 18th of May, Eve Yen sold around 4k shares on-market at roughly €18.92 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €258k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to €18.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Aankondiging • May 14
Karat Packaging Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2022 Karat Packaging Inc. provided earnings guidance for the second quarter and full year 2022. Net sales for the 2022 second quarter: $116 million to $118 million, up from $94.5 million for the 2021 second quarter.For the full 2022 year, the company expects sales of $445 million to $449 million, versus $364.2 million in 2021. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: US$0.34 (vs US$0.12 in 1Q 2021) First quarter 2022 results: EPS: US$0.34 (up from US$0.12 in 1Q 2021). Revenue: US$105.4m (up 39% from 1Q 2021). Net income: US$6.67m (up 275% from 1Q 2021). Profit margin: 6.3% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 9.2% growth forecast for the industry in Germany. Board Change • May 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Eve Yen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Apr 22
Karat Packaging Inc., Annual General Meeting, Jun 23, 2022 Karat Packaging Inc., Annual General Meeting, Jun 23, 2022. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 26% share price gain to €17.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Eve Yen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Feb 02
Karat Packaging Appoints Jian Guo as New Chief Financial Officer Karat Packaging Inc. announced the appointment of Jian Guo as chief financial officer, effective immediately. Ms. Guo succeeds Peter Lee, who has served as interim CFO since October 2021, and will stay on through March 31, 2022, as an advisor to the company to ensure an orderly transition. Prior to joining Karat Packaging, Ms. Guo was senior vice president and corporate controller at Resources Connection Inc. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €15.70, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Trade Distributors industry in Europe. Recent Insider Transactions • Dec 09
Vice President of Manufacturing recently sold €51k worth of stock On the 7th of December, Marvin Cheng sold around 3k shares on-market at roughly €19.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €42k more than they bought in the last 12 months. Recent Insider Transactions • Dec 09
Vice President of Manufacturing recently sold €51k worth of stock On the 7th of December, Marvin Cheng sold around 3k shares on-market at roughly €19.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €42k more than they bought in the last 12 months. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS US$0.19 (vs US$0.27 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$102.7m (up 35% from 3Q 2020). Net income: US$3.79m (down 7.0% from 3Q 2020). Profit margin: 3.7% (down from 5.3% in 3Q 2020). Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €15.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Trade Distributors industry in Europe. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS US$0.51 (vs US$0.66 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$94.5m (up 12% from 2Q 2020). Net income: US$9.58m (down 4.9% from 2Q 2020). Profit margin: 10% (down from 12% in 2Q 2020). Aankondiging • Aug 13
Karat Packaging Inc. Provides Revenue Guidance for the Third Quarter of Fiscal Year 2021 Karat Packaging Inc. provided revenue guidance for the third quarter of fiscal year 2021. For the quarter, the company expects net sales to increase to $100 million to $102 million.