Libbey (LBY) Reports Q2 Loss of $1.95, Revenues Miss

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Go back to Libbey (LBY) Reports Q2 Loss of $1.95, Revenues Miss

Libbey Inc. Announces Second-Quarter 2019 Results

August 1, 2019 7:45 AM EDT

TOLEDO, Ohio, Aug. 1, 2019 /PRNewswire/ -- Libbey Inc. (NYSE American: LBY), one of the world's largest glass tableware manufacturers, today reported results for the second quarter ended June 30, 2019.

Second-quarter 2019 Financial & Operating Highlights

Net sales were $206.2 million, a decrease of 3.5 percent, or a decrease of 2.5 percent in constant currency versus the prior-year period. Gross profit margin was 22.7 percent, an increase of 90-basis points versus the prior year. Net loss was ($43.8) million, compared to net income of $4.0 million in... More