Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products and related items. Its customers are primarily national and regional restaurants and other foodservice operators throughout the United States.
Its product range includes:
- Food and take-out containers, bags, tableware, cups, lids, cutlery and straws
- Specialty beverage ingredients, equipment and gloves
- The eco-friendly Karat Earth line of sustainably focused products made from renewable resources
The company also offers customized solutions, including new product development and design, printing, and logistics services.
Karat sells through three channels:
- Chains and distributors, its largest channel
- Online e-commerce platforms, a fast-growing channel
- Retail
Karat relies heavily on imported products. It is diversifying sourcing toward Indonesia, Malaysia and South America to manage tariff and ocean freight exposure. It is also expanding its distribution footprint, including a new Florida distribution center. Its consolidated results include Global Wells, a variable interest entity that owns real estate. Updated
Higher container rates and elevated resin prices cut operating income 43% year over year, with earnings missing expectations by roughly half. Management is pushing price increases in November and January to claw margin back, with the quarterly dividend held at $0.47.
Foil, bacon, Coke and takeout containers all come with a dividend attached, but not every check is safe. One of these four payouts already outruns the earnings behind it, and the warning…
Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products and related items. Its customers are primarily national and regional restaurants and other foodservice operators throughout the United States.
