KRONOS WORLDWIDE INC

Kronos Worldwide reported a net income of $15.2 million, or $0.13 per share, for the second quarter of 2026, a significant improvement from a net loss of $9.2 million, or $0.08 per share, in the same period last year. Net sales increased by 13% to $558.1 million. These positive results were primarily driven by higher sales volumes, lower production costs due to cost reduction initiatives, and lower raw material costs. The company also announced a regular quarterly dividend of $0.05 per share.

Kronos Worldwide reported a significant turnaround in the second quarter of 2026, achieving net income of $15.2 million, or $0.13 per share, compared to a net loss in the prior year. For the first six months of 2026, net income increased to $10.4 million on higher net sales of $1,067.9 million. This improvement was primarily driven by higher sales volumes, lower production costs from cost reduction initiatives, and reduced raw material costs, partially offset by lower average TiO2 selling prices and a $2.0 million income tax expense related to a German tax audit.

Kronos Worldwide, Inc. reported a strong second quarter and first half of 2026, with net income reaching $15.2 million ($0.13 per share) in Q2, a significant improvement from a net loss in the prior year. Net sales for Q2 increased 13% to $558.1 million. The positive results were primarily driven by higher sales volumes, lower production costs due to cost reduction initiatives, and reduced raw material costs, despite being partially offset by lower average TiO2 selling prices and unfavorable currency exchange rates. The company's CEO noted solid progress and positive momentum entering the second half of 2026.

Kronos Worldwide, Inc. announced that it expects to release its second quarter 2026 earnings after market close on Wednesday, August 5, 2026. This announcement is subject to the completion of quarter-end closing procedures. The company is a major international producer of titanium dioxide products.

Kronos Worldwide, Inc. held its 2026 annual meeting where stockholders elected eight directors and approved the compensation of named executive officers on a nonbinding advisory basis. Each director nominee received at least 85.6% of eligible votes, and the executive compensation resolution received 86.3% approval. Additionally, the company declared a regular quarterly dividend of $0.05 per share, payable on June 18, 2026.

Kronos Worldwide, Inc. announced a regular quarterly dividend of $0.05 per share, payable on June 18, 2026, to stockholders of record as of June 4, 2026. Additionally, at its 2026 annual stockholder meeting, shareholders elected eight directors for one-year terms and adopted a nonbinding advisory resolution approving the compensation of its named executive officers.

Kronos Worldwide Inc. reported a net loss of $4.8 million, or $.04 per share, in the first quarter of 2026, a significant decline from net income of $18.1 million in the prior year period. Despite a 4% increase in net sales to $509.8 million, driven by higher sales volumes and favorable currency exchange rates, income from operations decreased substantially due to lower average TiO2 selling prices and reduced production volumes. The company's gross margin also declined, and the net loss includes a $2.0 million income tax expense related to a German tax audit.

Kronos Worldwide reported a net loss of $4.8 million, or $0.04 per share, in Q1 2026, a significant decline from net income of $18.1 million, or $0.16 per share, in Q1 2025. This was primarily driven by lower average TiO2 selling prices and production volumes, partially offset by higher sales volumes and reduced production costs due to Q4 2025 cost reduction initiatives. Net sales increased 4% to $509.8 million, benefiting from higher sales volumes and favorable currency exchange rates. The CEO noted a $74.5 million sequential improvement in segment profit, indicating positive early results from the restructuring efforts.

Kronos Worldwide, Inc. announced its plan to release first quarter 2026 earnings. The company expects to report its results in a press release after market close on Wednesday, May 6, 2026, subject to the completion of quarter-end closing procedures. Kronos Worldwide is a major international producer of titanium dioxide products.