Q3 2025 Performance - Q3 2025 revenue was $364.2 million, a decrease of 15.3% year-over-year, or 11.5% excluding Rhyz's Mavely, with a foreign exchange impact of -0.4% or -$1.7 million[6] - Q3 2025 EPS was $0.34, compared to $0.17 in the prior year[6] - Customer count decreased by 10%, Paid Affiliates by 13%, and Sales Leaders by 19% year-over-year[6] - Revenue distribution shows Mainland China accounting for 12%, Americas 9%, South Korea 10%, Southeast Asia/Pacific 15%, Japan 12%, Europe & Africa 14%, and Hong Kong/Taiwan 18% of the total[6] Regional Performance (Revenue) - Mainland China's revenue decreased by 20% to $42.5 million[10] - Americas revenue decreased by 17% to $64.0 million[10] - South Korea's revenue decreased by 22% to $35.2 million[10] - Europe & Africa revenue decreased by 1% to $38.0 million[10] Q4 2025 Outlook - The company projects Q4 2025 revenue to be between $365 million and $400 million, representing a decrease of 18% to 10%, or 12% to 3% excluding Mavely 2024 revenue, with an approximate 1% negative foreign exchange impact[24] - Q4 2025 EPS is projected to be between $0.25 and $0.35[24] Full Year 2025 Outlook - The company anticipates full-year 2025 revenue to be between $1.48 billion and $1.51 billion, a decrease of 15% to 13%, or 11% to 9% excluding Mavely 2024 revenue, with an approximate 1% negative foreign exchange impact[24] - Full-year 2025 EPS is projected to be between $3.15 and $3.25, or $1.25 to $1.35 excluding the Mavely gain and other charges[24]

Core Insights - CompX International Inc. reported net sales of $40.0 million for Q3 2025, an increase from $33.6 million in Q3 2024, indicating a growth of approximately 19% year-over-year [1] - Operating income for Q3 2025 was $4.8 million, up from $3.3 million in Q3 2024, reflecting a significant increase of about 45% [1] - Net income for Q3 2025 reached $4.2 million, or $0.34 per share, compared to $3.5 million, or $0.28 per share, in the same quarter of 2024, marking a growth of around 20% [1] Financial Performance - For the nine months ending September 30, 2025, net sales were $120.6 million, compared to $107.5 million in the same period of 2024, representing a year-over-year increase of approximately 12% [2] - Operating income for the first nine months of 2025 was $17.0 million, up from $12.1 million in 2024, indicating a growth of about 40% [2] - Net income for the nine months ended September 30, 2025, was $14.8 million, or $1.20 per share, compared to $12.1 million, or $0.98 per share, in the same period of 2024, reflecting an increase of approximately 22% [2] Sales Drivers - The increase in net sales for both Q3 and year-to-date 2025 was attributed to higher sales in Security Products, particularly to the government security market, and increased Marine Components sales across various markets, including towboat, government, and industrial sectors [3] - Operating income growth in Q3 and for the first nine months of 2025 was driven by higher sales and improved gross margins in both the Security Products and Marine Components segments [3] Company Overview - CompX International Inc. is a leading manufacturer of security products and recreational marine components, operating from three locations in the U.S. and employing approximately 558 people [4]

NL Industries, Inc. Summary - NL Industries reported a net income attributable to stockholders of $0.3 million, or $0.01 per share, in Q2 2025, a significant decrease from $7.9 million, or $0.16 per share, in Q2 2024 [1] - For the first half of 2025, net income was $1.0 million, or $0.02 per share, compared to $14.7 million, or $0.30 per share, in the same period of 2024 [1] - The results included an unrealized loss of $0.1 million in Q2 2025 related to marketable equity securities, contrasting with an unrealized gain of $0.8 million in Q2 2024 [1] CompX Summary - CompX's net sales increased to $40.3 million in Q2 2025 from $35.9 million in Q2 2024, and for the first six months, sales rose to $80.6 million from $73.9 million [2] - The increase in sales was attributed to higher Security Products sales to the government security market and increased Marine Components sales to government and towboat markets [2] - Segment profit for CompX was $6.3 million in Q2 2025, up from $5.1 million in Q2 2024, and $12.2 million for the first six months of 2025, compared to $8.8 million in the same prior year period [2] Kronos Worldwide Summary - Kronos reported net sales of $494.4 million in Q2 2025, a decrease of $6.1 million, or 1%, compared to Q2 2024, while net sales for the first half of 2025 were $984.2 million, an increase of $4.9 million, or 1%, from the same period in 2024 [4] - The decline in Q2 sales was primarily due to lower average TiO2 selling prices, changes in product mix, and lower sales volumes in export markets, partially offset by higher sales volumes in North America [4] - Kronos' income from operations fell to $7.4 million in Q2 2025 from $35.9 million in Q2 2024, and for the first six months, it decreased to $45.8 million from $55.4 million in the same period of 2024 [5][6] Market Conditions and Currency Impact - The TiO2 industry faced challenges due to global uncertainties related to U.S. trade policies and geopolitical tensions, affecting sales volumes and pricing momentum [4] - Kronos experienced a 4% decline in average TiO2 selling prices during the first half of 2025, despite starting the year with prices 2% higher than at the beginning of 2024 [4] - Currency fluctuations, particularly with the euro, impacted net sales, increasing them by approximately $8 million in Q2 2025 but decreasing them by about $3 million in the first half of 2025 compared to the same prior year periods [4]

Core Viewpoint - Good Times Restaurants Inc. is conducting its Q2 2025 earnings call, indicating a focus on financial performance and future outlook [1]. Financial Performance - The earnings release for Q2 2025 is available on the company's investor website, highlighting the importance of transparency in financial reporting [2]. Forward-Looking Statements - The company will discuss forward-looking statements that are not guarantees of future performance, emphasizing the need for caution in interpreting these statements [2]. Risks and Uncertainties - Various risks and uncertainties are acknowledged, including market price fluctuations, staffing constraints, supply chain issues, inflation, and competition, which could impact the company's performance [3]. - Specific risks include disruptions from public health emergencies, challenges in restaurant development, and changes in laws and regulations affecting operations [3].