Karat Packaging INC 8-K filings

Karat Packaging Inc. announced record second quarter 2026 net sales of $136.3 million, a 9.9% increase year-over-year, significantly boosted by $25.8 million in IEEPA tariff refunds.

Karat Packaging Inc. held its 2026 Annual Meeting of Stockholders, where shareholders voted on director elections, auditor ratification, and executive compensation.

Karat Packaging Inc. announced its board of directors has declared a regular quarterly cash dividend of $0.45 per share.

Karat Packaging Inc. announced the engagement of BDO USA, P.C. as its new independent registered public accounting firm, replacing PricewaterhouseCoopers LLP, effective March 13, 2026.

Karat Packaging Inc. announced record fourth-quarter net sales and increased net income for both Q4 and full-year 2025, alongside positive guidance for 2026.

Karat Packaging Inc. announced its Board of Directors declared a regular quarterly cash dividend of $0.45 per share, payable on or about February 27, 2026.

Karat Packaging Inc. announced record third-quarter net sales of $124.5 million, a 10.4% increase, despite profitability being impacted by higher import tariffs.

Karat Packaging Inc. announced a regular quarterly cash dividend of $0.45 per share and approved its first-ever $15.0 million share repurchase program.

Karat Packaging Inc. reported record net sales of $124.0 million and net income of $11.1 million for the second quarter of 2025, driven by volume growth and strategic supply chain diversification.

Karat Packaging Inc. announced its Board of Directors declared a regular quarterly cash dividend of $0.45 per share payable on August 27, 2025.

Karat Packaging Inc. announced the successful re-election of all five director nominees, the ratification of PricewaterhouseCoopers LLP as its independent auditor, and the advisory approval of executive compensation at its 2025 Annual Meeting of Stockholders.

Karat Packaging Inc. announced a secondary public offering of 1.5 million shares of its common stock by certain selling stockholders at $27.00 per share, with the company receiving no proceeds from the sale.

Karat Packaging Inc. announces an 8.4% increase in net sales for Q1 2025, reaching $103.6 million, while navigating supply chain challenges and global trade uncertainties.

Karat Packaging Inc. declares a regular quarterly cash dividend of $0.45 per share, payable on May 23, 2025, to stockholders of record as of May 16, 2025.

Karat Packaging Inc. announces positive financial results for Q4 and full year 2024, highlighting significant growth in net sales, gross profit, and adjusted EBITDA.

Karat Packaging Inc. amended its line of credit with Hanmi Bank, reducing the borrowing capacity to $20 million and extending the maturity date to March 14, 2027.

Karat Packaging Inc. announces an increase in its quarterly cash dividend from $0.40 to $0.45 per share, payable on February 28, 2025.

Karat Packaging Inc. announced a 6.9% increase in net sales and an 11.7% increase in gross profit for the third quarter of 2024, driven by volume growth and strategic initiatives.

Karat Packaging Inc. has announced a 14% increase in its quarterly cash dividend, raising it from $0.35 to $0.40 per share.

Karat Packaging Inc. reported unauthorized third-party access to its information systems on October 18, 2024, but believes the incident is not material and has not disrupted business operations.

Karat Packaging's second quarter saw a sales increase but a decrease in net income and adjusted EBITDA, with freight costs impacting profitability.

Karat Packaging's board has declared a special cash dividend of $0.15 per share and a regular quarterly cash dividend of $0.35 per share, both payable on or around August 30, 2024.

Karat Packaging Inc. held its 2024 Annual Meeting of Stockholders on June 20, 2024, where all director nominees were elected, the appointment of PricewaterhouseCoopers LLP was ratified, and executive compensation was approved.

Karat Packaging's first quarter 2024 results show a slight decrease in net sales and profitability compared to the previous year, but the company is seeing growth in its eco-friendly product line and is optimistic about future performance.

Karat Packaging Inc. has announced a 16.7% increase in its quarterly cash dividend, raising it from $0.30 to $0.35 per share.

Karat Packaging reported record full-year gross margin and net income for 2023, despite facing some challenges in the fourth quarter including a change in import duty reserve and a vendor prepayment write-off.

Karat Packaging announces a new distribution center in Arizona and an expanded salesforce to enhance its market reach.

Karat Packaging Inc. has announced a 50% increase in its quarterly dividend, raising it from $0.20 to $0.30 per share.