Libbey (LBY) Tops Q3 EPS by 18c
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Libbey Inc. Announces Third Quarter 2015 Financial Results
November 5, 2015 7:45 AM ESTTOLEDO, 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