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Karat Packaging sees Q1 revenue up low-mid single digits from Q1 of of last year
The Fly

Karat Packaging sees Q1 revenue up low-mid single digits from Q1 of of last year

As part of yesterday’s Q4 earnings announcement, the company also guided Q1 gross margin 37%-39% vs. 39.8% last year, FY24 revenue up 8%-15%, implying $438.2M-$466.6M vs. consensus of $429.8M, and gross margin 35%-38% vs 37.7% in FY23.

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