Karat Packaging Q3 Sales Rise 8.2% to $134.7 Million; Net Income Falls
Third-quarter 2026 net income fell to $4.7 million from $7.6 million. Gross margin was 33.5%, and adjusted diluted EPS was $0.24. The company expects fourth-quarter sales growth of 9% to 11%.
Karat Packaging reported third-quarter 2026 net sales of $134.7 million, up 8.2% year over year, while net income declined to $4.7 million from $7.6 million. Gross margin was 33.5%, and adjusted diluted earnings per share were $0.24. The company expects fourth-quarter sales growth of 9% to 11% year…