Libbey (LBY) Tops Q3 EPS by 18c

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Go back to Libbey (LBY) Tops Q3 EPS by 18c

Libbey Inc. Announces Third Quarter 2015 Financial Results

November 5, 2015 7:45 AM EST

TOLEDO, Ohio, Nov. 5, 2015 /PRNewswire/ --

Outstanding quarterly net sales growth of 8.4 percent (constant currency) in foodservice, despite continued weakness in restaurant traffic Total Company net sales in the quarter decreased 0.7 percent (constant currency) versus prior year, but demonstrated strong Adjusted Earnings Before Interest, Tax, Depreciation and Amortization (Adjusted EBITDA) margins of 15.3 percent Owing to weakness in markets outside the United States, Company now expects full-year revenue growth of approximately one percent on a constant currency basis and Adjusted EBITDA margins of approximately 14... More