CIX

Shares of NLI Holdings, Inc. NL have gained 9.9% since reporting results for the second quarter of 2026 compared with the S&P 500 index’s 0.1% return. Over the past month, the stock has risen 12%, outperforming the S&P 500’s 4.1% advance. For the quarter ended June 30, NLI’s net sales, which reflect its consolidated CompX operations, increased 8% year over year to $43.6 million from $40.3 million a year earlier. Net income attributable to NLI stockholders rose to $9 million, or 18 cents per share, from $0.3 million, or 1 cent per share. Income from operations increased 119% to $6.1 million from $2.8 million in the prior-year quarter, while the gross margin advanced 21% to $15.5 million from $12.9 million. The gross margin widened to 36% of sales from 32%. NLI Holdings, Inc. price-consensus-eps-surprise-chart | NLI Holdings, Inc. Quote CompX’s segment profit increased 41% year over year to $8.9 million, and its segment margin expanded to 20% from 16%. Security Products sales rose 9% to $33.3 million, helped by healthcare, transportation, distribution and tool-storage demand. Reporting-unit profit increased 39% to $8 million, with its profit margin reaching 24% from 19%. Marine Components sales increased 6% to $10.3 million as a $1.6-million rise in industrial-market sales more than offset a $1-million decline in government-market sales. Its reporting-unit profit rose 16% to $2.8 million. NLI recorded $4.6 million of equity in earnings from its roughly 31% interest in Kronos Worldwide, reversing a $2.8-million loss a year earlier. Kronos’ sales increased 13% to $558.1 million, and operating income rose to $37.6 million from $7.4 million. Titanium dioxide sales volume increased 16%, while production volume grew 8%. Management attributed CompX’s improvement mainly to higher sales and gross margin in Security Products, with a smaller contribution from Marine Components. Favorable customer and product mix, lower employer-related medical expenses and a one-time recovery of prior-period import costs supported Security Products margins. It said that CompX’s supply chains were stable and transportation delays minimal, though tariffs, shipping costs and inflation continued to raise input costs. At Kronos, management cited market-share gains across major markets, particularly Europe, amid changing competitive and supply conditions, and anti-dumping duties. It said that demand remained below historical levels, especially in North America, but constrained industry inventories, longer customer lead times and a stronger year-over-year backlog entering the third quarter improved production-planning flexibility. Kronos’ 16% volume increase added about $79 million to quarterly sales, and currency movements added roughly $10 million. Those gains were partly offset by a 3% decline in average titanium dioxide prices, which reduced sales by about $15 million, and an unfavorable product mix. Lower feedstock costs, reduced unabsorbed fixed costs and benefits from fourth-quarter 2025 cost reductions lifted profitability. Unabsorbed fixed costs were immaterial versus about $20 million a year earlier. However, currency movements reduced Kronos’ operating income by about $12 million. NLI also benefited from a $0.5-million unrealized marketable-securities gain versus a $0.1-million loss and from $0.7 million lower corporate expenses, primarily reflecting reduced environmental-remediation costs. Partly offsetting these items, interest and dividend income declined 24% to $1.2 million, while income tax expenses were $2.5 million versus a benefit of less than $0.1 million. CompX expects 2026 sales, gross margin and segment-profit margin to exceed the 2025 levels, excluding a prior-year customer stocking event. It anticipates continued strength in healthcare, transportation and tool storage, plus industrial demand for Marine Components, although tariff and raw-material pressures could challenge second-half margins. Kronos expects full-year sales to exceed the 2025 levels, and gross and operating margins to improve. It expects pricing to remain favorable, facilities to operate within their normal capacity range and cash on hand to improve over the remainder of the year. NLI nevertheless expects 2026 net general corporate expenses to exceed 2025 because of higher second-half litigation costs. On May 26, NLI Holdings, formerly NL Industries, reincorporated in Delaware through a merger transaction. The board also declared a third-quarter dividend of 10 cents per share, payable Sept. 22 to holders of record as of Sept. 3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NLI Holdings, Inc. (NL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shares of CompX International Inc. CIX have declined 5.1% since reporting second-quarter 2026 results, underperforming the S&P 500 index’s 1.7% return. The longer-term comparison was more favorable as over the past month, CompX shares have risen 11.2% compared with a 2.9% return for the S&P 500. CompX reported second-quarter net sales of $43.614 million, up 8% from $40.366 million a year earlier. Net income increased 33.2% to $7.262 million from $5.453 million, while basic and diluted earnings per share rose 34.1% to 59 cents from 44 cents. Operating income climbed 41.2% to $8.92 million from $6.32 million. The gross margin increased 20.5% to $15.54 million, and the gross margin rate expanded to 35.6% of sales from 31.9%. Selling, general and administrative expenses were nearly unchanged at $6.62 million versus $6.57 million. CompX International Inc. price-consensus-eps-surprise-chart | CompX International Inc. Quote Security Products generated sales of $33.35 million, a 9% increase from $30.68 million. The segment gross margin rose 23% to $11.79 million, while operating income advanced 39% to $7.99 million. The segment’s gross margin rate improved to 35.4% from 31.1%, and its operating margin widened to 24% from 18.8%. Marine Components sales increased 6% to $10.27 million from $9.68 million. The gross margin grew 12% to $3.75 million, and operating income rose 16% to $2.77 million. Its gross margin rate increased to 36.5% from 34.5%, while the operating margin improved to 27% from 24.7%. For the first six months of 2026, company-wide sales rose 4.4% to $84.18 million, and net income increased 23.9% to $13.11 million. The operating cash flow improved to $6.05 million from $4.59 million. CompX ended June with $52.42 million of cash and cash equivalents. Management attributed the quarterly sales increase to broader strength in Security Products and greater Marine Components demand from industrial customers. Security Products benefited from sales increases of $0.9 million in healthcare, $0.7 million in transportation, $0.5 million through distributors and $0.4 million in tool storage. Marine Components recorded $1.6 million of higher industrial-market sales, partly offset by a $1-million decline in government-market sales. Management said that supply chains were stable, and transportation and logistics delays remained minimal. The increase in consolidated profitability reflected higher sales and improved gross margins, primarily in Security Products and, to a lesser extent, Marine Components. Cost of sales declined to 64.4% of quarterly revenues from 68.1%, while operating expenses were essentially flat, providing greater expense coverage as sales increased. Security Products margins benefited from a more favorable customer and product mix, lower employer-related medical expenses and a one-time recovery of import costs recognized in the quarter. Marine Components also benefited from favorable mix, although higher maintenance and supply costs provided a partial offset. Interest income declined to $662,000 from $846,000 because of lower average interest rates and reduced cash balances. CompX also noted continued increases in tariffs and shipping costs for certain imported materials, particularly electronic components, along with inflationary pressure on some domestically sourced inputs. CompX expects 2026 sales to exceed the 2025 levels. Management anticipates continued strength in healthcare, transportation and tool-storage demand within Security Products. Marine Components growth is expected to be led by industrial markets, particularly aeroderivative demand, while recreational marine and towboat demand should remain relatively consistent with 2025, excluding a prior-year customer stocking event. The company expects full-year gross and operating margins to exceed the 2025 reported levels, although tariffs, raw-material costs and product and customer mix could pressure second-half margins. Planned 2026 capital expenditure is $5.5 million, primarily for manufacturing capacity, automation and facility improvements. CompX’s board declared a regular quarterly dividend of $0.30 per Class A share, payable Sept. 15 to shareholders of record Sept. 3. The company also had 523,647 shares remaining under its repurchase authorization as of June 30. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CompX International Inc. (CIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

DALLAS, TEXAS, Aug. 04, 2026 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today net sales of $43.6 million for the second quarter of 2026 compared to $40.3 million in the same period of 2025. Operating income was $8.9 million in the second quarter of 2026 compared to $6.3 million in the same period of 2025. Net income was $7.2 million, or $.59 per basic and diluted common share, for the second quarter of 2026 compared to $5.5 million, or $.44 per basic and diluted common share, in the same period of 2025. For the six months ended June 30, 2026, net sales were $84.2 million compared to $80.6 million in the previous year. Operating income was $16.0 million for the first six months of 2026 compared to $12.2 million for the same period in 2025. Net income for the six months ended June 30, 2026, was $13.1 million, or $1.06 per basic and diluted common share, compared to $10.6 million, or $.86 per basic and diluted common share, for the same period in 2025. Second quarter and year-to-date 2026 net sales increased over the comparable 2025 periods due to higher Security Products sales across a variety of markets including the healthcare, transportation, tool storage and distributor markets and higher Marine Components sales to the industrial market. Operating income increased in the second quarter and for the first six months of 2026 compared to the same periods in 2025 due to higher sales and gross margin predominantly at the Security Products segment and to a lesser extent the Marine Components segment. CompX is a leading manufacturer of security products and recreational marine components. It operates from three locations in the U.S. and employs approximately 590 people. Forward-Looking Statements The statements in this press release relating to matters that are not historical facts are forward-looking statements that represent management’s belief and assumptions based on currently available information. Although we believe the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurances that these expectations will be correct. Such statements, by their nature, involve substantial risks and uncertainties that could significantly impact expected results, and actual future results could differ materially from those predicted. While it is not possible to identify all factors, we continue to face many risks and uncertainties. The factors that could cause our actual future results to differ materially include, but are not limited to, the following: Future supply and demand for our products; Changes in our raw material and other operating costs (such as zinc, brass, aluminum, steel and energy costs), including as a result of additional or changed tariffs on imported raw materials, and our ability to pass those costs on to our customers or offset them with reductions in other operating costs; Price and product competition from low-cost manufacturing sources (such as China); The impact of pricing and production decisions; Customer and competitor strategies including substitute products; Our ability to retain key customers; Uncertainties associated with new product development and the development of new product features; Pending or possible future litigation (such as litigation related to our use of certain permitted chemicals in our production process) or other actions; Our ability to protect or defend our intellectual property rights; Decisions to sell operating assets other than in the ordinary course of business; Environmental matters (such as those requiring emission and discharge standards for existing and new facilities); The ultimate outcome of income tax audits, tax settlement initiatives or other tax matters, including future tax reform; Government laws and regulations and possible changes therein including new environmental, health and safety, sustainability or other regulations; General global economic and political conditions that disrupt our supply chain, reduce demand or perceived demand for component products or impair our ability to operate our facilities (including changes in the level of gross domestic product in various regions of the world, natural disasters, terrorist acts, global conflicts and public health crises); Operating interruptions (including, but not limited to, labor disputes, leaks, natural disasters, fires, explosions, unscheduled or unplanned downtime, transportation interruptions, certain regional and world events or economic conditions and public health crises); The introduction of new, or changes in existing, tariffs, trade barriers or trade disputes (including tariffs imposed by the U.S. government on imports from China and Mexico); Technology related disruptions (including, but not limited to, cyber attacks; software implementation, upgrades or improvements; technology processing failures; or other events) related to our technology infrastructure that could impact our ability to continue operations, or at key vendors which could impact our supply chain, or at key customers which could impact their operations and cause them to curtail or pause orders; and Possible disruption of our business or increases in the cost of doing business resulting from terrorist activities or global conflicts. Should one or more of these risks materialize (or the consequences of such development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those currently forecasted or expected. We disclaim any intention or obligation to update or revise any forward-looking statement whether as a result of changes in information, future events or otherwise. Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700 * * * * *COMPX INTERNATIONAL INC.SUMMARY OF CONSOLIDATED OPERATIONS(Unaudited)(In millions, except per share amounts)

Shares of CompX International Inc. CIX have gained 2.3% since reporting first-quarter 2026 earnings results, trailing the S&P 500 index’s 2.8% rise. Over the past month, the stock has advanced 1.5% compared with the S&P 500’s 8.5% return. CompX reported first-quarter 2026 net sales of $40.6 million, up slightly from $40.3 million in the prior-year quarter. Net income increased to $5.9 million, or 48 cents per diluted share, from $5.1 million, or 42 cents per diluted share, a year earlier. Operating income climbed to $7.1 million from $5.9 million in the year-ago period, while the gross margin improved to $13.3 million from $12.2 million. The company attributed the stronger profitability primarily to improved margins in its Security Products segment and higher sales in Marine Components. CompX International Inc. price-consensus-eps-surprise-chart | CompX International Inc. Quote CompX’s Security Products segment generated first-quarter sales of $29.9 million, down 1% year over year. The decline reflected weaker demand across several end markets, including healthcare, general cabinetry, electric control panels and gas station security applications. These declines were partly offset by stronger sales to tool storage and institutional furniture customers. Despite lower sales, Security Products’ operating income rose 19% to $6.6 million, aided by a more favorable customer and product mix. The gross margin in the segment improved to 33.5% from 29.8% a year earlier, while the operating margin expanded to 22% from 18.3%. Management said the improved mix was the primary driver behind the profitability gains. The Marine Components segment posted sales of $10.7 million, up 6% from the prior-year quarter. The increase was driven mainly by stronger industrial-market demand, which offset weaker towboat market sales. CompX noted that towboat sales in the prior-year quarter benefited from a one-time customer stocking event that did not recur in 2026. Marine Components’ operating income increased 3% year over year to $2.3 million. However, gross margin slipped to 30.2% from 31.5% because of higher-cost inventory produced during the fourth quarter of 2025 and sold during the first quarter of 2026. The operating margin edged down to 21.7% from 22.3%. Companywide gross margin increased to 32.7% of sales from 30.2% in the prior-year quarter as cost of sales fell to 67.3% of net sales from 69.8%. Selling, general and administrative expenses were relatively stable at $6.2 million compared with $6.3 million a year ago. The operating margin improved to 17.4% from 14.6%. Interest income declined to $677,000 from $873,000 due primarily to lower average interest rates and lower investment balances. Income tax expenses increased to $1.9 million from $1.6 million, reflecting higher pre-tax earnings. CompX also highlighted tariff-related pressures affecting certain imported components, particularly electronic components sourced from Asia, including China. Some U.S.-based suppliers have also imposed tariff-related surcharges on domestically sourced materials. The company said it is attempting to offset these higher input costs through price increases where possible, though the ability to fully recover those costs remains uncertain and depends on customer demand and tariff duration. CompX ended the quarter with cash and cash equivalents of $49.4 million, down from $54.1 million at Dec. 31, 2025. Net cash used in operating activities totaled $1.2 million during the quarter compared with a use of $137,000 in the year-earlier period. Accounts receivable increased to $19 million from $13.8 million at the end of 2025, reflecting timing differences in sales and collections. Inventory levels remained relatively stable at $30.1 million. Management expects modest net sales growth for 2026, supported primarily by continued strength in the industrial market within Marine Components. Recreational marine sales are expected to remain generally stable, while Security Products sales are projected to stay broadly consistent with the 2025 levels amid continued variability across OEM markets. CompX expects the gross margin and operating income margins in both business segments to remain generally in line with the 2025 reported levels, though management cautioned that the unusually favorable product mix that boosted Security Products margins in the first quarter is expected to moderate during the remainder of the year. The company also expects 2026 capital expenditure of $4.3 million, focused mainly on manufacturing improvements and automation initiatives. During March 2026, CompX entered an operating lease for a Southern California distribution center. The company recorded a right-of-use asset and corresponding lease liability tied to the approximately seven-year lease term. Separately, CompX disclosed that in April 2026 it filed answers denying liability in four pending PFAS-related cases in South Carolina and said it intends to defend itself vigorously against those claims. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CompX International Inc. (CIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Dallas, Texas, May 06, 2026 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $4.3 million, or $.09 per share, in the first quarter of 2026 compared to $.7 million, or $.01 per share, in the first quarter of 2025. NL’s results include an unrealized gain of $2.7 million in the first quarter of 2026 compared to an $8.5 million unrealized loss in the first quarter of 2025 related to the change in value of marketable equity securities. CompX’s net sales were $40.6 million in the first quarter of 2026 compared to $40.3 million in the first quarter of 2025. CompX’s first quarter 2026 net sales increased over the comparable 2025 period due to higher Marine Components sales to the industrial market partially offset by lower Security Products sales. CompX’s segment profit increased to $7.1 million in the first quarter of 2026 compared to $5.9 million in the first quarter of 2025 primarily due to higher gross margin at Security Products as a result of a more favorable customer and product mix and, to a lesser extent, the impact of higher sales at Marine Components. NL recognized equity in losses of Kronos of $1.5 million in the first quarter of 2026 compared to equity in earnings of $5.5 million in the same period of 2025. Kronos’ net sales of $509.8 million in the first quarter of 2026 were $20.0 million, or 4%, higher than in the first quarter of 2025. Kronos’ net sales increased in the first quarter of 2026 compared to the first quarter of 2025 primarily due to the effects of higher sales volumes in its North American, Latin American and export markets and the favorable impact of changes in currency exchange rates (primarily the euro), which it estimates increased its net sales by approximately $30 million. These increases were partially offset by lower sales volumes in its European market and lower average TiO2 selling prices. Kronos started 2026 with average TiO2 selling prices lower than at the beginning of 2025; however, its average TiO2 selling prices increased 2% during the first quarter of 2026 as Kronos works to recover pricing lost during 2025. The table at the end of this press release shows how each of these items impacted Kronos’ net sales. Kronos’ income from operations in the first quarter of 2026 was $12.6 million as compared to $38.4 million in the first quarter of 2025. Kronos’ income from operations decreased in the first quarter of 2026 compared to the first quarter of 2025 primarily due to the effects of lower average TiO2 selling prices, lower production volumes, and the unfavorable impact of changes in currency exchange rates, partially offset by higher sales volumes and lower production costs. Lower production costs benefited in part from cost reduction initiatives implemented in the fourth quarter of 2025, including workforce reductions and other measures, which were designed to permanently improve Kronos’ cost structure and enable more efficient operation of its facilities at lower production rates for extended periods. Fluctuations in currency exchange rates (primarily the euro) decreased Kronos’ income from operations by approximately $6 million in the first quarter of 2026 compared to the first quarter of 2025. Corporate expenses increased slightly in the first quarter of 2026 compared to the first quarter of 2025 primarily due to higher general and administrative expenses. Interest and dividend income decreased $.7 million in the first quarter of 2026 compared to the same period of 2025 primarily due to decreased average investment balances and lower average interest rates. Marketable equity securities represent the change in unrealized gains (losses) on our portfolio of marketable equity securities during the period. The statements in this release relating to matters that are not historical facts are forward-looking statements that represent management's beliefs and assumptions based on currently available information. Although we believe the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurances that these expectations will prove to be correct. Such statements by their nature involve substantial risks and uncertainties that could significantly impact expected results, and actual future results could differ materially from those described in such forward-looking statements. While it is not possible to identify all factors, we continue to face many risks and uncertainties. Factors that could cause actual future results to differ materially include, but are not limited to: Future supply and demand for our products; Kronos’ ability to realize expected cost savings from strategic and operational initiatives; Kronos’ ability to integrate acquisitions into its operations and realize expected synergies and innovations; The extent of the dependence of certain of our businesses on certain market sectors; The cyclicality of our businesses (such as Kronos’ TiO2 operations); Customer and producer inventory levels; Unexpected or earlier-than-expected industry capacity expansion (such as the TiO2 industry); Changes in raw material and other operating costs (such as energy, ore, zinc, aluminum, steel and brass costs) or the implementation of tariffs on imported raw materials and our ability to pass those costs on to our customers or offset them with reductions in other operating costs; Changes in the availability of raw materials (such as ore); General global economic and political conditions that harm the worldwide economy, disrupt our supply chain, increase material and energy costs or reduce demand or perceived demand for TiO2 and our products or impair our ability to operate our facilities (including changes in the level of gross domestic product in various regions of the world, tariffs, natural disasters, terrorist acts, global conflicts and public health crises); Operating interruptions (including, but not limited to, labor disputes, leaks, natural disasters, fires, explosions, unscheduled or unplanned downtime, transportation interruptions, certain regional and world events or economic conditions and public health crises); Technology related disruptions (including, but not limited to, cyber-attacks; software implementation, upgrades, or improvements; technology processing failures; or other events) related to our technology infrastructure (including manufacturing and accounting systems) that could impact our ability to continue operations, or at key vendors which could impact our supply chain, or at key customers which could impact their operations and cause them to curtail or pause orders; Competitive products and substitute products; Competition from Chinese suppliers with less stringent regulatory and environmental compliance requirements; Customer and competitor strategies; Our ability to retain key customers; Potential consolidation of Kronos’ competitors; Potential consolidation of Kronos’ customers; The impact of pricing and production decisions; Competitive technology positions; Our ability to protect or defend intellectual property rights; Potential difficulties in integrating future acquisitions; The introduction of new, or changes in existing, tariffs, trade barriers or trade disputes; Fluctuations in currency exchange rates (such as changes in the exchange rate between the U.S. dollar and each of the euro, the Norwegian krone and the Canadian dollar and between the euro and the Norwegian krone), or possible disruptions to our business resulting from uncertainties associated with the euro or other currencies; Decisions to sell operating assets other than in the ordinary course of business; Kronos’ ability to renew or refinance credit facilities or other debt instruments in the future; Changes in interest rates; Kronos’ ability to comply with covenants contained in its revolving bank credit facility; Our ability to maintain sufficient liquidity; The timing and amounts of insurance recoveries; The ability of our subsidiaries or affiliates to pay us dividends; Uncertainties associated with CompX’s development of new products and product features; The ultimate outcome of income tax audits, tax settlement initiatives or other tax matters, including future tax reform; Our ability to utilize income tax attributes or changes in income tax rates related to such attributes, the benefits of which may or may not have been recognized under the more-likely-than-not recognition criteria; Environmental matters (such as those requiring compliance with emission and discharge standards for existing and new facilities or new developments regarding environmental remediation or decommissioning obligations at sites related to our former operations); Government laws and regulations and possible changes therein (such as changes in government regulations which might impose various obligations on former manufacturers of lead pigment and lead-based paint, including us, with respect to asserted health concerns associated with the use of such products), including new environmental, sustainability, health and safety or other regulations (such as those seeking to limit or classify TiO2 or its use); The ultimate resolution of pending litigation (such as our lead pigment and environmental matters); and Pending or possible future litigation (such as litigation related to CompX’s use of certain permitted chemicals in its productions process) or other actions. Should one or more of these risks materialize (or if the consequences of such a development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those currently forecasted or expected. We disclaim any intention or obligation to update or revise any forward-looking statement whether as a result of changes in information, future events or otherwise. NL Industries, Inc. is engaged in component products (security products and recreational marine components) and chemicals (TiO2) businesses. Investor Relations Contact Bryan A. Hanley Senior Vice President and Treasurer (972) 233-1700 NL INDUSTRIES, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (In millions, except earnings per share) NL INDUSTRIES, INC. COMPONENTS OF INCOME FROM OPERATIONS (In millions) IMPACT OF PERCENTAGE CHANGE IN KRONOS’ NET SALES (unaudited)

Dallas, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today net sales of $40.6 million for the first quarter of 2026 compared to $40.3 million in the same period of 2025. Operating income was $7.1 million in the first quarter of 2026 compared to $5.9 million in the same period of 2025. Net income was $5.9 million, or $.48 per basic and diluted common share, for the first quarter of 2026 compared to $5.1 million, or $.42 per basic and diluted common share, in the same period of 2025. First quarter 2026 net sales increased over the comparable 2025 period due to higher Marine Components sales to the industrial market partially offset by lower Security Products sales. Operating income increased in the first quarter of 2026 compared to the same period in 2025 primarily due to higher gross margin at Security Products resulting from a more favorable customer and product mix and, to a lesser extent, the impact of higher sales at Marine Components. CompX is a leading manufacturer of security products and recreational marine components. It operates from three locations in the U.S. and employs approximately 560 people. Forward-Looking Statements The statements in this press release relating to matters that are not historical facts are forward-looking statements that represent management’s belief and assumptions based on currently available information. Although we believe the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurances that these expectations will be correct. Such statements, by their nature, involve substantial risks and uncertainties that could significantly impact expected results, and actual future results could differ materially from those predicted. While it is not possible to identify all factors, we continue to face many risks and uncertainties. The factors that could cause our actual future results to differ materially include, but are not limited to, the following: Future supply and demand for our products; Changes in our raw material and other operating costs (such as zinc, brass, aluminum, steel and energy costs), including as a result of additional or changed tariffs on imported raw materials, and our ability to pass those costs on to our customers or offset them with reductions in other operating costs; Price and product competition from low-cost manufacturing sources (such as China); The impact of pricing and production decisions; Customer and competitor strategies including substitute products; Our ability to retain key customers; Uncertainties associated with new product development and the development of new product features; Pending or possible future litigation (such as litigation related to our use of certain permitted chemicals in our production process) or other actions; Our ability to protect or defend our intellectual property rights; Decisions to sell operating assets other than in the ordinary course of business; Environmental matters (such as those requiring emission and discharge standards for existing and new facilities); The ultimate outcome of income tax audits, tax settlement initiatives or other tax matters, including future tax reform; Government laws and regulations and possible changes therein including new environmental, health and safety, sustainability or other regulations; General global economic and political conditions that disrupt our supply chain, reduce demand or perceived demand for component products or impair our ability to operate our facilities (including changes in the level of gross domestic product in various regions of the world, natural disasters, terrorist acts, global conflicts and public health crises); Operating interruptions (including, but not limited to, labor disputes, leaks, natural disasters, fires, explosions, unscheduled or unplanned downtime, transportation interruptions, certain regional and world events or economic conditions and public health crises); The introduction of new, or changes in existing, tariffs, trade barriers or trade disputes (including tariffs imposed by the U.S. government on imports from China and Mexico); Technology related disruptions (including, but not limited to, cyber attacks; software implementation, upgrades or improvements; technology processing failures; or other events) related to our technology infrastructure that could impact our ability to continue operations, or at key vendors which could impact our supply chain, or at key customers which could impact their operations and cause them to curtail or pause orders; and Possible disruption of our business or increases in the cost of doing business resulting from terrorist activities or global conflicts. Should one or more of these risks materialize (or the consequences of such development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those currently forecasted or expected. We disclaim any intention or obligation to update or revise any forward-looking statement whether as a result of changes in information, future events or otherwise. Investor Relations Contact Bryan A. Hanley Senior Vice President and Treasurer Tel. 972-233-1700 * * * COMPX INTERNATIONAL INC. SUMMARY OF CONSOLIDATED OPERATIONS (In millions, except per share amounts)