Company Description
Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.
It offers food and take-out containers, bags, boxes, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, gloves, utensils, janitorial and warehouse supplies, and other products under the Karat Earth brand.
The company also distributes food and beverage items, such as syrups, boba tea, and coffee drinks; and provides new product development, design, printing, and logistics services.
It offers its products to national and regional distributors, restaurant chains, retail establishments, and online customers.
The company was founded in 2000 and is based in Chino, California.
| Country | United States |
| Founded | 2000 |
| IPO Date | Apr 15, 2021 |
| Industry | Packaging & Containers |
| Sector | Consumer Discretionary |
| Employees | 721 |
| CEO | Alan Yu |
Contact Details
Address: 6185 Kimball Avenue Chino, California 91708 United States | |
| Phone | 626 965 8882 |
| Website | karatpackaging.com |
Stock Details
| Ticker Symbol | KRT |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $16.00 |
| CIK Code | 0001758021 |
| CUSIP Number | 48563L101 |
| ISIN Number | US48563L1017 |
| Employer ID | 83-2237832 |
| SIC Code | 3089 |
Key Executives
| Name | Position |
|---|---|
| Alan Yu | Chairman and Chief Executive Officer |
| Jian Guo | Chief Financial Officer and Director |
| Daniel Quire | Chief Revenue Officer |
| Marvin Cheng | Vice President of Manufacturing and Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 21, 2025 | S-3 | Registration statement under Securities Act of 1933 |
| Mar 14, 2025 | 10-K | Annual Report |
| Mar 13, 2025 | 8-K | Current Report |
| Mar 7, 2025 | 8-K | Current Report |
| Feb 13, 2025 | 8-K | Current Report |
| Nov 8, 2024 | 10-Q | Quarterly Report |
| Nov 7, 2024 | 8-K | Current Report |
| Nov 6, 2024 | 8-K | Current Report |
| Oct 23, 2024 | 8-K | Current Report |
| Aug 9, 2024 | 10-Q | Quarterly Report |