QVC Group, Inc. Announces First Quarter Earnings Release and Conference Call
Conference Call Announcement: QVC Group, Inc. will hold a conference call on May 7th at 5:00 p.m. E.T. to discuss its first quarter 2025 results, with a press release issued after market close that day.
Company Overview: QVC Group is a Fortune 500 company operating multiple retail brands and utilizing video-driven commerce across various platforms, reaching over 200 million homes globally through television and digital channels.
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Reverse Stock Split Announcement: QVC Group, Inc. has approved a 1-for-50 reverse stock split for its Series A and B common stocks to comply with Nasdaq's minimum bid price requirement, effective May 22, 2025.
Delisting from Nasdaq: Following the reverse stock split, QVC Group plans to voluntarily delist its Series B common stock from Nasdaq due to insufficient publicly held shares, transitioning it to OTC Markets while retaining its ticker symbol.

Interest Payment Announcement: QVC Group, Inc. announced a semi-annual interest payment of $20.00 per $1,000 original principal amount and a Regular Additional Distribution of $0.5824 per Debenture to holders as of May 1, 2025, with payments scheduled for May 15, 2025.
Debenture Adjustments: The principal amount of the Debentures will be adjusted based on Extraordinary Additional Distributions, but the semi-annual interest payments will remain at a rate of 4.0% per annum of the original principal amount.
Conference Call Announcement: QVC Group, Inc. will hold a conference call on May 7th at 5:00 p.m. E.T. to discuss its first quarter 2025 results, with a press release issued after market close that day.
Company Overview: QVC Group is a Fortune 500 company operating multiple retail brands and utilizing video-driven commerce across various platforms, reaching over 200 million homes globally through television and digital channels.
Financial Performance Overview: QVC Group reported a decline in revenue by 6% in Q4 and 5% for the full year 2024, alongside an operating loss of $1.3 billion in Q4 and $809 million for the year, largely due to increased competition and a conservative consumer environment.
Strategic Initiatives: The company has initiated a three-year strategy aimed at growth, which includes consolidating operations, enhancing social media presence, and managing debt effectively, while also reporting a significant non-cash impairment charge of $1.5 billion related to goodwill and tradenames.





