Mar. 13 at 8:46 PM
$KRT Karat Packaging sees FY25 revenue up 9% -11% YoY, consensus
$454.04M
Net sales for full year 2025 expected to increase by 9 to 11 percent from the prior year. Gross margin for full year 2025 expected to be between 36 to 38 percent. Adjusted EBITDA margin for full year 2025 expected to be in the low to mid double-digits. "We finished 2024 with a strong fourth quarter, as sales volume grew 14 percent and net sales increased 6 percent, despite the out-of-period benefit of
$4.8 million included in the prior-year quarter from online platform fees for the first nine months of 2023," said Alan Yu, Chief Executive Officer.
