Libbey Inc. announces fourth quarter diluted earnings per share of $0.45

Citing sluggish economic conditions and the negative impact on sales to foodservice customers related to the events of September 11, 2001, Libbey Inc. anounced that diluted earnings per share for the fourth quarter ended December 31, 2001, were 45 cents on sales of $112.1 million.

For the year, the company reported sales of $419.6 million and diluted earnings per share of $2.53. On January 22, 2002, the company announced its expectation that diluted earnings per share for the quarter would be between 44 and 47 cents on sales of approximately $112 million. At that time, the company also announced that for the full year, diluted earnings per share were expected to be in the range of $2.52 to $2.55 and that sales were expected to approach $420 million.Citing sluggish economic conditions and the negative impact on sales to foodservice customers related to the events of September 11, 2001, Libbey Inc. anounced that diluted earnings per share for the fourth quarter ended December 31, 2001, were 45 cents on sales of $112.1 million. For the year, the company reported sales of $419.6 million and diluted earnings per share of $2.53. On January 22, 2002, the company announced its expectation that diluted earnings per share for the quarter would be between 44 and 47 cents on sales of approximately $112 million. At that time, the company also announced that for the full year, diluted earnings per share were expected to be in the range of $2.52 to $2.55 and that sales were expected to approach $420 million.

600450 Libbey Inc. announces fourth quarter diluted earnings per share of $0.45 glassonweb.com

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