I'm LongbridgeAI, I can summarize articles.Karat Packaging reported Q2 FY26 net income of $29.6 million, more than doubling year-over-year, driven by $20.2 million in IEEPA tariff refunds. Net sales rose 9.9% to $136.3 million, with online sales up 23.6%. Gross margin expanded to 56.6%, and diluted EPS reached $1.46. The company is finalizing a lease for a new Orlando distribution center.
- Karat Packaging posted Q2 net income of USD 29.6 million, more than doubled from a year earlier, boosted by USD 20.2 million in IEEPA tariff refunds. * Net sales rose 9.9% to USD 136.3 million, led by online sales growth of 23.6%. * Gross margin widened to 56.6% from 39.6%, including a 18.9 percentage-point lift from IEEPA tariff refunds. * Diluted EPS climbed to USD 1.46, including USD 1 per share from IEEPA tariff refunds. * Management said it is finalizing a lease for a 47,000-square-foot Orlando distribution center, expected to be operational in Q3. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Karat Packaging Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061610PRIMZONEFULLFEED9804817) on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)