Brief: Karat Packaging Reports Fourth Quarter Sales Of $91.3 Mln

Karat Packaging

23/03/2022 20:13

March 23 (Reuters) - Karat Packaging Inc  KRT.O :
    * KARAT PACKAGING REPORTS FOURTH QUARTER AND FULL YEAR 2021
FINANCIAL RESULTS
    * SEES Q1 SALES $101 MILLION TO $103 MILLION
    * Q4 SALES ROSE 29.8 PERCENT TO $91.3 MILLION
    * SEES NET SALES FOR 2022 Q1 IN RANGE OF $101 MILLION TO
$103
MILLION
    * SEES NET SALES GROWTH FOR 2022 FULL YEAR: 17 PERCENT TO 19
PERCENT
    * Q4 EARNINGS PER SHARE $0.28
    * Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.32

Source text for Eikon:  ID:nGNX9VhCJ3 
Further company coverage:  KRT.O 

 ((Reuters.Briefs@thomsonreuters.com;))