---
schema_version: "secwatch.filing_event.v1"
accession: "0001257640-23-000022"
form_type: "8-K"
ticker: "KRO"
cik: "0001257640"
company_name: "KRONOS WORLDWIDE INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:22:13.012001+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kronos reports Q1 net loss of $15.2M vs $57.5M profit; TiO2 sales volumes down 29%

## Summary
- Net loss of $15.2M ($0.13 per share) vs net income of $57.5M ($0.50) in Q1 2022.
- Net sales of $426.3M, down 24% YoY; TiO2 sales volumes fell 29%.
- TiO2 segment reported a loss of $14.8M vs profit of $86.8M in prior-year quarter.
- Production curtailments caused $22M of unabsorbed fixed costs; capacity utilization 76%.
- EBITDA turned negative at ($5.0M) from $93.2M in Q1 2022.

## SEC filing metadata
- accession: 0001257640-23-000022
- form_type: 8-K
- ticker: KRO
- cik: 0001257640
- company_name: KRONOS WORLDWIDE INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1257640/000125764023000022/0001257640-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1257640/000125764023000022/kro-20230503x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001257640-23-000022
- JSON: https://secwatch.observer/filing/0001257640-23-000022.json
- Plain text: https://secwatch.observer/filing/0001257640-23-000022.txt

## Key facts
- Earnings Releases
  KRONOS WORLDWIDE INC reported first quarter of 2023 results: revenue $426.3 million, net income net loss of $15.2 million, EPS $.13 per share.
  - Period: first quarter of 2023
  - Revenue: $426.3 million
  - Net income: net loss of $15.2 million
  - EPS: $.13 per share
  - Result: reported results
  source text: of our products occurring in all major markets, as discussed further below. Our results were also impacted by the effects of changes in currency exchange rates. ​ Net sales of $426.3 million in the first quarter of 2023 were $136.6 million, or 24%, lower than in the first quarter of 2022. Net sales comparisons were impacted by the net effects of lower sales volumes
  evidence_url: https://www.sec.gov/Archives/edgar/data/1257640/000125764023000022/0001257640-23-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.