KRONOS WORLDWIDE, INC. REPORTS SECOND QUARTER 2026 RESULTS

DALLAS, TEXAS, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $15.2 million, or $.13 per share, in the second quarter of 2026 compared to a net loss of $9.2 million, or $.08 per share, in the second quarter of 2025. For the first six months of 2026, Kronos reported net income of $10.4 million, or $.09 per share, compared to net income of $8.9 million, or $.08 per share, in the first six months of 2025. Net income increased in the second quarter and first six months of 2026 compared to the prior year periods primarily due to higher sales volumes and lower production costs resulting from cost reduction initiatives implemented in the fourth quarter of 2025, as well as lower raw material costs (primarily feedstock costs) and lower unabsorbed fixed costs. These favorable factors were partially offset by lower average TiO(2) selling prices. Comparability of our results was also impacted by the effects of changes in currency exchange rates.