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Karat Packaging to Report 2021 First Quarter Financial Results and Host Conference Call on Thursday, May 27, 2021

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Rhea-AI Summary

Karat Packaging Inc. (KRT) has announced it will release its 2021 Q1 financial results after market close on May 27, 2021. The Company, a distributor and manufacturer of eco-friendly disposable foodservice products, recently completed its IPO on April 19, 2021. In compliance with SEC regulations, the first quarterly report is due within 45 days post-IPO. The Company also plans to host an investor conference call on the same day at 2:00 p.m. PT/5:00 p.m. ET, with a replay available until June 3, 2021.

Positive
  • Completion of IPO on April 19, 2021.
  • Scheduled release of Q1 2021 results indicates transparency and investor engagement.
Negative
  • None.

CHINO, Calif., May 14, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat Packaging” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly disposable foodservice products and related items, today announced it will release its 2021 first quarter financial results after market close on Thursday, May 27, 2021. The Company will host an investor conference call the same day.

Call Date:  Thursday, May 27, 2021
Time:  2:00 p.m. PT/5:00 pm ET
Phone:  877-270-2148 (domestic); 412-902-6510 (international)
Replay:  Accessible through June 3, 2021; 877-344-7529 (domestic); 412-317-0088 (international); replay access code 10156716
Webcast:  Accessible at http://investor.karatpackaging.com/; archive available for approximately one year

Karat completed its initial public offering of common stock on April 19, 2021. In accordance with the Securities and Exchange Commission Rule 13a-13(a), Karat is permitted to file its first quarterly report on Form 10-Q within 45 days after the effective date of its initial public offering registration statement.

About Karat Packaging Inc.

Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of environmentally friendly, disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The Company’s eco-friendly Karat Earth® line offers quality, sustainably focused products that are made from renewable resources. Karat Packaging also offers customized solutions, including new product development and design, printing, and logistics services.

Investor Relations and Media Contacts:

PondelWilkinson Inc.        
Judy Lin Sfetcu or Roger Pondel        
310-279-5980        
karat@pondel.com


FAQ

When will Karat Packaging release its Q1 2021 financial results?

Karat Packaging will release its Q1 2021 financial results on May 27, 2021.

What is the significance of Karat Packaging's IPO completion?

The IPO completion signifies Karat Packaging's entry into the public market, allowing for greater capital raising and visibility.

What time is the investor conference call for Karat Packaging?

The investor conference call is scheduled for May 27, 2021, at 2:00 p.m. PT/5:00 p.m. ET.

How long will the replay of Karat Packaging's conference call be available?

The replay of the conference call will be accessible through June 3, 2021.

Karat Packaging Inc.

NASDAQ:KRT

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Packaging & Containers
Plastics Products, Nec
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United States of America
CHINO