KRT · Karat Packaging
AI read · Good for KRT
The AI's read
More customer demand and online sales can support continued growth. The new chain accounts and planned Orlando center may help Karat serve more customers, though the lease is still being finalized. The profit jump is less likely to last: a $25.8 million tariff refund lifted the quarter’s results. Without large refunds, management expects the share of sales left after product costs to be in the high 30% range. Higher shipping, transport, and staffing costs also need watching.