KRT Q3 Deep Dive: Margin Pressures, Product Expansion Shape Outlook
Foodservice packaging provider Karat Packaging (NASDAQ:KRT) met Wall Street’s revenue expectations in the third quarter of fiscal 2025, with sales up 10.4% year over year to $124.5 million. The company expects next quarter revenue to be around $113.8 million, 1.7% above analyst estimates. Its non-GAAP profit of $0.37 per share was 5.1% below analysts’ consensus…