Toledo-based table glassware company Libbey Inc., which filed for chapter 11 protection earlier this month, on Friday reported a first quarter loss of $78.7 million, the Toledo Blade reported. A year ago, the company reported a first quarter loss of $4.5 million. The company, which had delayed reporting its first quarter results due to the bankruptcy, pointed to a large drop in demand for glassware from the restaurant industry due to coronavirus lockdowns and restrictions. Net sales for the quarter fell to $151.1 million, a drop of 16 percent from $175.6 million in the first quarter of 2019. Libbey's US & Canada and Latin America markets saw 12.8 percent and 12.4 percent drops, respectively, in net sales compared to last year.
