Karat Packaging
KRTMarket price data through November 12, 2026.
Performance
Nov 2021 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -35%
- 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
- ~$55
- 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
- 1 month
- How long Benson has been tracking this pick.
About Karat Packaging
Karat Packaging makes and distributes the cups, lids, takeout boxes, straws, and bags that restaurants and food chains go through every day. Think of it as the supplier behind the container your lunch arrives in. The California company sells to big restaurant chains and local shops, and online orders are a fast growing part of its business.
The case for and against
Both sides of the story, in plain English.
- Online Orders Soar
Online sales grew nearly 38% from a year ago, making online the fastest growing part of the business. That helped push quarterly sales to 134.7 million dollars, up 8.2%. Management expects sales to grow another 9% to 11% next quarter and for the full year.
- Chains Come Calling
The four chain customers Karat signed earlier this year started receiving products in October, and they have already ordered more across several product lines starting in early 2027. Karat also signed four more chain customers this quarter, with shipping set to begin in the first half of 2027. A new Florida warehouse opening this month should help it deliver faster across the Southeast.
- Profit Squeeze
Sales went up, but profit went down. Net income fell to 4.7 million dollars from 7.6 million a year ago, as the average cost per shipping container from overseas jumped 17% and plastic resin prices climbed. The cost of running the business rose 17.2%, about twice as fast as sales, mostly because of the cost of shipping all those online orders.
- Dividend Outruns Profit
Karat just declared another 47 cent quarterly dividend, but it earned only 22 cents a share this quarter. Earlier this year, profit got a one time 20.2 million dollar boost from tariff refunds that will not repeat. If price increases and new suppliers don't rebuild profits, the dividend will get harder to cover.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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