Tag Archives: Libbey

Libbey Sales Up, Income Loss in Q2

Libbey

TOLEDO, Ohio-Libbey’s second quarter sales grew 6.5 percent, to $223.5 million. Yet a loss of $47.2 million on redemption of debt led the company to red ink in its fiscal second quarter, which ended on June 30, to the tune of $25.2 million, compared to net income of $12.4 million in the second quarter ofMore »

Libbey Elects Killion to Board

Theo Killion

TOLEDO, Ohio–Libbey elected Theo Killion to join its board of directors during its annual meeting of shareholders earlier this week.  William A. Foley and Deborah G. Miller also were reelected to the board. Killion is currently CEO and a director of Zale Corporation, the jewelry retailer. Prior to joining Zale Corporation, Killion was employed withMore »

CORRECTION: Libbey Goes from Profit to Loss in Q1

Libbey

TOLEDO, Ohio-With sales slipping and costs rising, Libbey reported a first-quarter net loss of $3.4 million, compared to net income of $2 million in the first quarter of last year. Net sales were down 1 percent to $181.6 million in the quarter, which ended on March 31. Sales in Libbey’s Americas segment were down 1.3More »

Libbey Goes from Profit to Loss in Q1

Libbey

TOLEDO, Ohio-With sales slipping and costs rising, Libbey reported a first-quarter net loss of $3.4 million, compared to net income of $2 million in the first quarter of last year. Net sales were down 1 percent to $181.6 million in the quarter, which ended on March 31. Sales in Libbey’s Americas segment were down 1.3More »

Trends | Beer Here | May 2014

Orrefors

The rising popularity of craft beers has led to an increase in specialty glassware with which to enjoy them. Specialty beer glasses and tasting glasses have taken showroom shelf space previously allotted to  varietal-specific stemware. Here is a taste of what was shown at the New York Spring Tabletop Show last month. CLICK ON IMAGESMore »

Blog: Housewares Show Previewed in NYC

Anolon chef knife

-At an event here yesterday, the International Housewares Association offered a sampling of some new products that will be exhibited at the International Home + Housewares show in March. The beverage category was hot, and several companies showed larger sizes of bottles and travel mugs, due to consumer demand. Cool Gear has a new 33-ounceMore »

Libbey Expects Sales, EBITDA to Fall in Q3

Libbey

TOLEDO, Ohio-Libbey said it is projecting third-quarter revenue to total about $204 million and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to be between $27 million and $29 million. These figures represent a drop of $5 million in revenue and from $9 million to $11 million in EBITDA. A preliminary statement on theMore »

Libbey Appoints New Board Member

Libbey

TOLEDO, Ohio–Ginger Jones has joined Libbey’s board of directors. Jones is the senior vice president, chief financial officer of Plexus Corp, a global electronic, engineering and manufacturing services company where she has served in this role since 2007. With the addition of Jones, the Libbey board of directors now numbers 10 members, of which eightMore »