lollicup usa domestically manufactures & distributes karat® paper & plastic disposable foodservice products, and tea zone® coffee & beverage supplies for thousands of retail business accounts, including several fortune 500 restaurant franchises. founded in 2000 by alan yu and marvin cheng, lollicup usa began with the opening of our first bubble tea café in san gabriel, ca, bringing the popular taiwanese boba milk tea to the u.s. market. by 2004, over 60 stores were opened across six states. with two new locations in chengdu, china, we are currently updating our existing locations and plan on opening additional stores in the near future, expanding overseas into europe and the middle east. to maintain consistent quality for our retail stores, lollicup usa established two brands, tea zone® and karat®, in 2001 and 2004 respectively. tea zone™ offers high-quality bubble tea & beverage ingredients, while karat® provides premium paper & plastic disposable goods. while expanding our company, w
Company profile
Ticker
KRT
Exchange
Website
CEO
Alan Yu
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
832237832
KRT stock data
Latest filings (excl ownership)
8-K
Karat Packaging Reports 2023 Third Quarter Financial Results
9 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Departure of Directors or Certain Officers
11 Oct 23
8-K
Karat Packaging Inc. Announces Proposed Secondary Offering of Common Stock
12 Sep 23
424B3
Prospectus supplement
8 Sep 23
424B3
Prospectus supplement
7 Sep 23
8-K
Karat Packaging Appoints Jian Guo Board of Directors
5 Sep 23
8-K
Company Appoints Chief Revenue Officer
31 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Karat Packaging Reports 2023 Second Quarter Financial Results
9 Aug 23
Transcripts
KRT
Earnings call transcript
2023 Q3
9 Nov 23
KRT
Earnings call transcript
2023 Q2
9 Aug 23
KRT
Earnings call transcript
2023 Q1
10 May 23
KRT
Earnings call transcript
2022 Q4
16 Mar 23
KRT
Earnings call transcript
2022 Q3
10 Nov 22
KRT
Earnings call transcript
2022 Q2
12 Aug 22
KRT
Earnings call transcript
2022 Q1
14 May 22
KRT
Earnings call transcript
2021 Q4
24 Mar 22
KRT
Earnings call transcript
2021 Q3
12 Nov 21
KRT
Earnings call transcript
2021 Q2
13 Aug 21
Latest ownership filings
144
Notice of proposed sale of securities
28 Nov 23
144
Notice of proposed sale of securities
20 Nov 23
4
Joanne Tzu Jung Wang
19 Oct 23
4
Daniel Quire
19 Oct 23
4
Joanne Tzu Jung Wang
17 Oct 23
4
Daniel Quire
17 Oct 23
3/A
Daniel Quire
17 Oct 23
SC 13D/A
Yu Alan
25 Sep 23
SC 13D/A
Cheng Marvin
25 Sep 23
4
Marvin Cheng
19 Sep 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Institutional ownership, Q2 2023
20.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 51 |
Opened positions | 10 |
Closed positions | 3 |
Increased positions | 22 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 71.81 bn |
Total shares | 4.11 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Wellington Management | 590.84 k | $10.78 bn |
Wasatch Advisors | 483.81 k | $8.83 bn |
American Century Companies | 454.52 k | $8.29 bn |
AMP Ameriprise Financial | 348.97 k | $6.37 bn |
BLK Blackrock | 343.30 k | $6.27 bn |
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 330.25 k | $6.03 bn |
Vanguard | 279.78 k | $5.11 bn |
Kornitzer Capital Management | 207.50 k | $3.79 bn |
Gratia Capital | 143.69 k | $2.62 bn |
Geode Capital Management | 114.16 k | $2.08 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Oct 23 | Daniel Quire | Common Stock | Sell | Dispose S | No | No | 22.0877 | 490 | 10.82 k | 5,692 |
17 Oct 23 | Joanne Tzu Jung Wang | Common Stock | Sell | Dispose S | No | No | 22.0877 | 8,645 | 190.95 k | 23,578 |
15 Oct 23 | Joanne Tzu Jung Wang | Common Stock | Option exercise | Acquire M | No | No | 0 | 25,000 | 0.00 | 32,223 |
15 Oct 23 | Joanne Tzu Jung Wang | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 25,000 | 0.00 | 0 |
15 Oct 23 | Daniel Quire | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,666 | 0.00 | 6,182 |
15 Oct 23 | Daniel Quire | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,666 | 0.00 | 0 |
19 Sep 23 | Marvin Cheng | Common Stock | Sell | Dispose S | No | No | 21 | 150,000 | 3.15 mm | 6,099,727 |
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