Karat Packaging Reports 2025 First Quarter Financial Results

About this update from Karat Packaging Inc.

[{"type":"image","alt":"Karat Packaging Inc.","displaySize":"","headline":null,"caption":"Karat Packaging Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":138,"url":"https://media.zenfs.com/en/globenewswire.com/7efa62ff6d5940522ea2656ee0440613"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IajhnIU3WM9zrZMd64qV2g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE5MztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/7efa62ff6d5940522ea2656ee0440613","width":300,"height":138}},"lazy":false},{"type":"text","content":"— Strong revenue growth and well-positioned ahead of the global trade uncertainty —","length":83,"tagName":"p"},{"type":"text","content":"CHINO, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its 2025 first quarter ended March 31, 2025.","length":319,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $103.6 million, up 8.4 percent, from $95.6 million in the prior-year quarter.","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $40.8 million, up 8.4 percent, from $37.6 million in prior-year quarter.","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin of 39.3 percent, consistent with the prior-year quarter.","length":69,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $6.8 million, up 5.2 percent, from $6.5 million in the prior-year quarter.","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income margin of 6.6 percent versus 6.8 percent in the prior-year quarter.","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $11.9 million versus $13.5 million in the prior-year quarter.","length":80,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA margin of 11.5 percent versus 14.2 percent in the prior-year quarter.","length":85,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":578,"olType":false},{"type":"text","content":"Guidance","length":8,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales for the 2025 se...

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