Group 1 - The article discusses Kronos Worldwide, Inc. (NYSE: KRO) and previously recommended cutting the dividend due to a lack of a positive payout ratio [1] - The focus is on individual investors seeking income through undervalued profitable stocks with strong balance sheets and minimal debt [1] Group 2 - The article does not provide any specific financial data or performance metrics related to Kronos Worldwide, Inc. [1]

Group 1 - Kronos Worldwide, Inc. declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable on June 18, 2025, to stockholders of record at the close of business on June 9, 2025 [1] - At the 2025 annual stockholder meeting, stockholders elected several directors for a one-year term [2] - A nonbinding advisory resolution was adopted to approve the compensation of named executive officers as disclosed in the proxy statement for the 2025 annual stockholder meeting [2] Group 2 - Kronos Worldwide, Inc. is identified as a major international producer of titanium dioxide products [1]

Core Viewpoint - Kronos Worldwide reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share, but showing an improvement from $0.07 per share a year ago, indicating a mixed performance in earnings despite a revenue increase [1][2]. Financial Performance - The company posted revenues of $489.8 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.98% and showing an increase from $478.8 million year-over-year [2]. - Over the last four quarters, Kronos Worldwide has only surpassed consensus EPS estimates once [2]. Stock Performance - Shares of Kronos Worldwide have declined approximately 23.6% since the beginning of the year, contrasting with the S&P 500's decline of 4.7% [3]. - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $528.43 million, and for the current fiscal year, it is $0.90 on revenues of $2 billion [7]. Industry Outlook - The Zacks Industry Rank for Chemical - Diversified is currently in the bottom 24% of over 250 Zacks industries, suggesting that the industry outlook may negatively impact stock performance [8]. - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could influence investor sentiment [5].

The statements in this release relating to matters that are not historical facts are forward-looking statements that represent management's beliefs and assumptions based on currently available information. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurances that these expectations will prove to be correct. Such statements by their nature involve substantial risks and uncertainties that could significantly impact expected result ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-31763 KRONOS WORLDWIDE, INC. (Exact name of registrant as specified in its charter) DELAWARE 76-0294959 (State or other jur ...

Core Insights - Kronos Worldwide, Inc. reported a net income of $18.1 million, or $0.16 per share, for Q1 2025, a significant increase from $8.1 million, or $0.07 per share, in Q1 2024, primarily driven by higher sales and production volumes, increased TiO2 selling prices, and reduced production costs [1][11] Financial Performance - Net sales for Q1 2025 reached $489.8 million, reflecting a $11.0 million, or 2%, increase compared to Q1 2024, attributed to higher sales volumes in North America and Europe, despite lower export sales [2] - The TiO2 segment profit for Q1 2025 was $41.6 million, up from $23.4 million in Q1 2024, driven by increased sales and production volumes, higher TiO2 prices, and lower production costs [3][10] - EBITDA for Q1 2025 was reported at $51.2 million, compared to $31.7 million in Q1 2024, indicating improved operational efficiency [4][14] Production and Sales Metrics - TiO2 production volumes increased by 18% in Q1 2025 compared to Q1 2024, with production facilities operating at average capacities of 93% in 2025 versus 87% in 2024 [3][10] - Average TiO2 selling prices were 2% higher at the start of 2025 compared to the beginning of 2024, although they declined by 3% during Q1 2025 due to market pressures [2][15] Currency Impact - Currency exchange rate fluctuations, particularly with the euro, negatively impacted net sales by approximately $11 million and segment profit by about $5 million in Q1 2025 compared to Q1 2024 [2][3]

Dallas, Texas, April 15, 2025 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced today that, subject to the completion of quarter-end closing procedures, it expects to report first quarter 2025 earnings in a press release after market close on Wednesday, May 7, 2025. Kronos Worldwide, Inc. is a major international producer of titanium dioxide products. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700 ...

Core Insights - Kronos Worldwide, Inc. (KRO) reported a fourth-quarter 2024 loss of 12 cents per share, which is wider than the loss of 5 cents per share from the previous year, and significantly below the Zacks Consensus Estimate of earnings of 11 cents per share [1] - The company's net sales increased approximately 6% year over year to $423.1 million, driven by higher sales volumes and stronger demand for titanium dioxide (TiO2), although it missed the Zacks Consensus Estimate of $463.9 million [2] - TiO2 production volumes rose about 30% year over year to 136 thousand metric tons, while sales volumes increased 4% to 110 thousand metric tons, with average selling prices up 2% year over year [3] Financial Performance - TiO2 segment profit was $33.1 million in the reported quarter, a significant improvement from a segment loss of $1.3 million a year ago, attributed to increased sales and production volumes, lower production costs, and higher selling prices [4] - For the full year 2024, KRO reported earnings of 75 cents per share, compared to a loss of 43 cents the previous year, with sales rising around 13% year over year to $1,887.1 million [5] - At the end of 2024, KRO had cash and cash equivalents of $106.7 million, down roughly 45% year over year, while long-term debt decreased about 3% to $429.1 million [6] Market Outlook - KRO anticipates improved demand in 2025, particularly in Europe, but expects overall demand to remain below historical levels due to ongoing global economic uncertainty and potential tariffs [7] - The company expects pricing pressures to be somewhat moderated in 2025, especially in Europe, due to duties on low-cost imports from China [7] - Based on improved demand, KRO expects to report higher operating results in 2025 compared to 2024 [8] Stock Performance - KRO shares have declined 15.2% over the past year, contrasting with a 9% decline in the Zacks Chemicals Diversified industry [9] - KRO currently holds a Zacks Rank 3 (Hold), while other better-ranked stocks in the Basic Materials sector include Gold Royalty Corp. (GROY), Orla Mining Ltd. (ORLA), and i-80 Gold Corp. (IAUX), each with a Zacks Rank 2 (Buy) [10]

Financial Performance - Kronos Worldwide reported a net loss of $13.2 million, or $0.12 per share, in Q4 2024, compared to a net loss of $5.3 million, or $0.05 per share, in Q4 2023[1]. - For the full year 2024, net income was $86.2 million, or $0.75 per share, compared to a net loss of $49.1 million, or $0.43 per share, in 2023[1]. - EBITDA for Q4 2024 was $41.7 million, up from $6.9 million in Q4 2023; full year EBITDA was $252.9 million compared to a loss of $7.2 million in 2023[3]. - EBITDA for the year ended December 31, 2024, was $252.9 million, a substantial recovery from a loss of $7.2 million in 2023[13]. Sales and Revenue - Net sales in Q4 2024 were $423.1 million, a 6% increase from $400.1 million in Q4 2023; full year net sales reached $1.9 billion, up 13% from $1.68 billion in 2023[1]. - Total net sales for the year ended December 31, 2024, reached $1,887.1 million, up 13% from $1,666.5 million in 2023[11]. - Currency exchange rate fluctuations positively impacted net sales by approximately $5 million for the full year 2024 compared to 2023[1]. TiO2 Segment Performance - TiO2 sales volumes increased by 4% in Q4 2024 and 20% for the full year compared to the same periods in 2023[1]. - The TiO2 segment profit for Q4 2024 was $33.1 million, compared to a segment loss of $1.3 million in Q4 2023; for the full year, segment profit was $141.0 million compared to a loss of $39.8 million in 2023[2]. - The company reported a gain on remeasurement of investment in TiO2 manufacturing joint venture of $64.5 million for the year ended December 31, 2024[11]. Production and Operational Efficiency - Production rates increased to 96% of practical capacity utilization in 2024, compared to 72% in 2023, significantly reducing unabsorbed fixed production costs from $96 million to $12 million[2]. - Gross margin improved significantly to $86.4 million in Q4 2024 from $55.6 million in Q4 2023, indicating a strong operational performance[11]. Pricing Trends - Average TiO2 selling prices were 2% higher in Q4 2024 but 5% lower for the full year compared to 2023[1]. - The company experienced a 2% increase in TiO2 product pricing in Q4 2024, while the annual pricing decreased by 5%[14]. Share Information - The weighted average shares used in the calculation of net income per share remained stable at approximately 115 million shares for both Q4 2023 and Q4 2024[11].

Sales and Market Conditions - In 2024, approximately 90% of the company's sales were attributable to TiO2 products, which are linked to global economic conditions and discretionary spending [77]. - Approximately 44% of the company's sales volumes were sold into European markets during 2023 and 2024, exposing it to currency exchange rate risks [90]. - Increased competition from China is impacting the company, with lower operating costs and the dumping of lower-cost TiO2 into the market [101]. - The U.S. government has implemented a 25% tariff on imports from Canada, which could increase costs and reduce demand for products manufactured in Canada [102]. Financial Condition and Debt - The company's total consolidated debt as of December 31, 2024, was approximately $507.4 million, which may impair financial condition and operational flexibility [85]. - The company is committed to pay approximately $701 million in 2025 under various lease and supply agreements, impacting liquidity [88]. - At December 31, 2024, the company had $443.7 million in fixed-rate indebtedness with an average interest rate of 8.49% [215]. - The company is exposed to currency exchange rate risks, particularly with $365.4 million in euro-denominated Senior Secured Notes due 2029 [220]. - A hypothetical 10% adverse change in exchange rates could increase the U.S. dollar equivalent of euro-denominated indebtedness by approximately $45 million [220]. Operational Risks - The company experienced increases in feedstock costs in 2023 and 2024, which affected profit margins and operating results [82]. - The company faces significant risks from economic sanctions and supply disruptions, which could adversely affect operations and financial condition [100]. - The company faces risks related to potential litigation that could materially affect financial results [91]. - Cybersecurity breaches pose a risk to operations, with increasing difficulty in obtaining insurance coverage for such risks [103]. Regulatory and Environmental Factors - Changes in global climate change laws and regulations could negatively impact production costs and operational capabilities [98]. - Climate change may increase operational costs and risks due to extreme weather conditions and rising sea levels [104]. Market Competition - The top five TiO2 producers account for approximately 51% of the world's production capacity, indicating a highly competitive market [79]. - The company enters into long-term supply agreements for raw materials, with pricing generally negotiated quarterly or semi-annually [221].