Tag Archives: Stephanie Streeter

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 »

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 Goes from Loss to Gain in Q2

Libbey

TOLEDO, Ohio-Libbey was able to turn its bottom line from red to black in its fiscal second quarter, posting net income of $12.4 million. In last year’s second quarter, the company reported a net loss of $10.1 million—largely due to a $31.1 million loss on the redemption of debt. Net sales for the quarter, whichMore »