{"schema_version":"secwatch.filing_event.v1","accession":"0001257640-23-000054","form_type":"8-K","ticker":"KRO","cik":"0001257640","company_name":"KRONOS WORLDWIDE INC","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.475064+00:00","generated_at":"2026-06-08T23:28:22.053257+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Kronos Worldwide Q3 net loss $20.4M vs profit $21.0M a year ago; TiO2 volumes down 6%","bullets":["Net loss of $20.4M ($0.18 per share) in Q3 2023 vs net income of $21.0M ($0.18) in Q3 2022.","Net sales $396.9M, down 14% YoY; TiO2 volumes -6%, average selling prices -8%.","TiO2 segment loss $21.4M vs profit $34.6M; production curtailments caused $20M unabsorbed fixed costs in Q3.","Capacity utilization fell to 73% in Q3 (71% YTD) from 93% a year ago; historic industry downturn cited.","CEO sees early demand improvement; company focused on cost savings and liquidity preservation."],"urls":{"canonical":"https://secwatch.observer/filing/0001257640-23-000054","json":"https://secwatch.observer/filing/0001257640-23-000054.json","markdown":"https://secwatch.observer/filing/0001257640-23-000054.md","text":"https://secwatch.observer/filing/0001257640-23-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1257640/000125764023000054/0001257640-23-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1257640/000125764023000054/kro-20231102x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:28:22.053257+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5c6799d139b3e42b56371e2248d3db0a9c39c9c5","claim":"KRONOS WORLDWIDE INC reported third quarter of 2023 results: revenue $396.9 million.","evidence_excerpt":"fixed production and other costs, as discussed further below. Comparability of our results was also impacted by the effects of changes in currency exchange rates. ​ Net sales of $396.9 million in the third quarter of 2023 were $62.7 million, or 14%, lower than in the third quarter of 2022. Net sales of $1.3 billion in the first nine months of 2023 were $321.4 million,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1257640/000125764023000054/0001257640-23-000054-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Revenue","value":"$396.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5c6799d139b3e42b56371e2248d3db0a9c39c9c5","claim":"KRONOS WORLDWIDE INC reported third quarter of 2023 results: revenue $396.9 million.","evidence_excerpt":"Net sales of $396.9 million in the third quarter of 2023 were $62.7 million, or 14%, lower than in the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1257640/000125764023000054/0001257640-23-000054-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Revenue","value":"$396.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"acbefccdc58a700eaacb22b203fb43c2c02ad748","claim":"KRONOS WORLDWIDE INC reported first nine months of 2023 results: revenue $1.3 billion.","evidence_excerpt":"changes in currency exchange rates. ​ Net sales of $396.9 million in the third quarter of 2023 were $62.7 million, or 14%, lower than in the third quarter of 2022. Net sales of $1.3 billion in the first nine months of 2023 were $321.4 million, or 20%, lower than in the first nine months of 2022. Net sales decreased in the third quarter and first nine months of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1257640/000125764023000054/0001257640-23-000054-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months of 2023"},{"label":"Revenue","value":"$1.3 billion"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"acbefccdc58a700eaacb22b203fb43c2c02ad748","claim":"KRONOS WORLDWIDE INC reported first nine months of 2023 results: revenue $1.3 billion.","evidence_excerpt":"Net sales of $1.3 billion in the first nine months of 2023 were $321.4 million, or 20%, lower than in the first nine months of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1257640/000125764023000054/0001257640-23-000054-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months of 2023"},{"label":"Revenue","value":"$1.3 billion"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}