---
schema_version: "secwatch.filing_event.v1"
accession: "0001257640-23-000035"
form_type: "8-K"
ticker: "KRO"
cik: "0001257640"
company_name: "KRONOS WORLDWIDE INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:51:46.404725+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kronos Worldwide reports Q2 net loss of $8.2M vs $45.9M profit; revenue down 22%

## Summary
- Net loss per share $0.07 vs income of $0.40 in Q2 2022; first-half net loss $23.4M ($0.20/shr) vs income $103.4M ($0.90).
- Revenue $443.2M (Q2) and $869.5M (6M), down 22% and 23% YoY respectively on lower TiO2 volumes.
- TiO2 sales volumes fell 26% in Q2 and 28% in 6M; average selling prices down 2% Q2 but up 1% in 6M.
- Production capacity utilization dropped to 64% in Q2 (70% in 6M) vs 95-98% last year; fixed cost under-absorption $22M/$54M.
- Quarterly dividend maintained at $0.19 per share, payable Sept. 14, 2023 to holders of record Sept. 1.

## SEC filing metadata
- accession: 0001257640-23-000035
- form_type: 8-K
- ticker: KRO
- cik: 0001257640
- company_name: KRONOS WORLDWIDE INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1257640/000125764023000035/0001257640-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1257640/000125764023000035/kro-20230802x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001257640-23-000035
- JSON: https://secwatch.observer/filing/0001257640-23-000035.json
- Plain text: https://secwatch.observer/filing/0001257640-23-000035.txt

## Key facts
- Earnings Releases
  KRONOS WORLDWIDE INC reported second quarter of 2023 results: revenue Net sales of $443.2 million, net income net loss of $8.2 million, EPS $.07 per share loss.
  - Period: second quarter of 2023
  - Revenue: Net sales of $443.2 million
  - Net income: net loss of $8.2 million
  - EPS: $.07 per share loss
  - Result: reported results
  source text: and unabsorbed fixed production and other costs, as discussed further below. Our results were also impacted by the effects of changes in currency exchange rates. ​ Net sales of $443.2 million in the second quarter of 2023 were $122.1 million, or 22%, lower than in the second quarter of 2022. Net sales of $869.5 million in the first six months of 2023 were $258.7
  evidence_url: https://www.sec.gov/Archives/edgar/data/1257640/000125764023000035/0001257640-23-000035-index.htm

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