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ENGLEWOOD, Colo.--(BUSINESS WIRE)--QVC Group, Inc. Announces 2025 Virtual Annual Meeting of Stockholders.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail Officially Becomes QVC Group.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of February 1, 2025 of the 3.75% Senior Exchangeable Debentures due 2030 (the “Debentures”) issued by its wholly-owned subsidiary, Liberty Interactive LLC (“LI LLC”). The semi-annual interest payment amount is $18.75 per $1,000 original principal amount of Debentures, and the amo.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. Declares Quarterly Cash Dividend on 8.0% Series A Cumulative Redeemable Preferred Stock.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. Announces Fourth Quarter Earnings Release and Conference Call.
Qurate Retail's preferreds are trading lower and now offer a 21.8% yield on cost on the back of their $8 per share annual coupon. I'm picking these up for 37 cents on the dollar in exchange for moderate credit risk against positive free cash flow and long-term debt that's been declining. The retail group is pivoting to online streaming and social media platforms with a full rebrand to QVC set to take place in the first quarter of 2025.
Love Wellness, No Makeup Makeup, and Gatineau Skincare join the beauty and wellness assortment at QVC WEST CHESTER, Pa. , Jan. 15, 2025 /PRNewswire/ -- QVC® , a world leader in live shoppable entertainment, today announced a lineup of new beauty and wellness brands including Love Wellness, No Makeup Makeup® , and Gatineau Skincare premiering on-air and on QVC.com this month.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. to Present at the ICR Conference 2025.
Qurate Retail is transitioning from cable TV to e-commerce, with e-commerce now constituting the majority of sales, improving margins and cash flow. Despite sales declines, operational turnaround efforts under Project Athens have stabilized revenue, grown OIBDA, and are expected to generate $400 million in free cash flow for 2024. The company faces significant debt challenges but is making progress with creative refinancing and debt reduction strategies, enhancing financial flexibility.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. Announces Third Quarter Earnings Release and Conference Call.