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Try Now for Just $1!Karat Packaging Inc. (KRT) stock declined over -0.27%, trading at $29.10 on NASDAQ, down from the previous close of $29.18. The stock opened at $29.18, fluctuating between $28.55 and $29.60 in the recent session.
Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.
Employees | 778 |
Beta | 1.05 |
Sales or Revenue | $405.65M |
5Y Sales Change% | 1.221% |
Fiscal Year Ends | December |
Sector | Consumer Cyclical |
Industry | Packaging & Containers |
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