Karat Packaging
KRTMarket price data through October 1, 2026.
Performance
Oct 2021 – Oct 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- 0%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$53
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- October 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 0 months
- How long Benson has been tracking this pick.
About Karat Packaging
Karat Packaging makes and sells the cups, lids, takeout boxes, straws, and bags that restaurants, grocery chains, and online shoppers use every day. Think of it as the company behind the container your lunch shows up in. It is a small California business that is still run by its founders.
The case for and against
Both sides of the story, in plain English.
- Steady Double Digit Growth
Sales hit a record 136.3 million dollars last quarter, up 9.9% from a year ago, and management expects low double digit growth again next quarter. Online sales jumped 23.6% and four new chain customers were added in just three months.
- Spread Across Many Customers
No single customer makes up more than 10% of sales, so losing one account would not sink the business. Founders and insiders also own over half the company, which keeps their interests lined up with yours.
- One Time Tariff Windfall
Last quarter's profit was boosted by a one time tariff refund of 25.8 million dollars. Take that out and adjusted earnings drop from 41.6 million dollars to about 15.8 million, so the headline profit is not the new normal.
- Cutthroat Industry
Packaging is a low margin business where the lowest price often wins, and Karat is small next to its giant rivals. A meaningful share of its products also comes from a supplier tied to the CEO's family, which some investors dislike.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-10-01. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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