ENGLEWOOD, Colo.--(BUSINESS WIRE)-- QVC Group, Inc. and David Rawlinson have reached a new agreement that would extend his term as President and CEO through December 31, 2027. “I have been honored to serve as President and CEO of QVC Group and I am excited about the opportunity ahead for the company. Over the last three years, the team has successfully navigated a tragic fire, post-COVID retrenchment, and significant levels of cord-cutting, and still driven bottom-line results,” Rawlinson said. “Now, we can take a more nimble and more profitable QVC Group and target a return to growth. As sh...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- QVC Group, Inc. (“QVC Group”) (Nasdaq: QVCGA, QVCGB, QVCGP) today reported fourth quarter and year end 2024 results(1). “2024 was an important year for the company and we achieved several milestones. We successfully completed Project Athens, resulting in a second straight year of Adjusted OIBDA growth as reported and enhanced operating discipline. We also reduced our debt levels to strengthen the balance sheet and grew our streaming business. We faced challenges in the second half of 2024, driven by heightened competition for viewership with the Olympics a...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- QVC Group, Inc. (“QVC Group,” formerly Qurate Retail, Inc.) (Nasdaq: QVCGA, QVCGB, QVCGP) will be holding its virtual Annual Meeting of Stockholders (the “Annual Meeting”) on Monday, May 12, 2025 at 11:00 a.m. M.T. Stockholders of record as of the record date will be able to listen, vote and submit questions pertaining to the Annual Meeting by logging in at . The record date for the meeting is 5:00 p.m., New York City time, on March 24, 2025. Stockholders will need the 16-digit control number that is printed in the box marked by the arrow on the stockholder’...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has officially changed its name to QVC Group, Inc. (“QVC Group” or the “company”). The new name incorporates the brand equity of the company’s largest brand and supports QVC Group’s growth strategy to expand into a live social shopping company. QVC Group, Inc. is a Fortune 500 company with six leading retail brands – QVC®, HSN®, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road®. On Monday, February 24, the company’s stock will start trading under the new stock symbols “QVCGA”, “QVCGB” and “QVCGP.” ...
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 amount of the Regular Additional Distribution is $0.3701 per $1,000 original principal amount of Debent...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) today announced that an authorized committee of its Board of Directors declared the regular quarterly cash dividend payable to holders of its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”). The per share amount of the quarterly cash dividend will be $2.00, payable in cash on March 17, 2025 to stockholders of record of the Preferred Stock at the close of business on February 28, 2025. About Qurate Retail, Inc. Qurate Retail, Inc. is a Fortune 500 company comprised of six leadin...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) will host a conference call to discuss results for the fourth quarter of 2024 on Thursday, February 27th at 5:00 p.m. E.T. After the close of market trading that day, Qurate Retail will issue a press release reporting such results, which can be found at . The press release and conference call may discuss Qurate Retail’s financial performance and outlook, as well as other forward looking matters. Please call InComm Conferencing at (877) 704-4234 or +1 (215) 268-9904, confirmation code 13748...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) announced that David Rawlinson, President & Chief Executive Officer of Qurate Retail, will be presenting at the ICR Conference on Tuesday, January 14th at 2:00 p.m., E.T. in Orlando, Florida. During his presentation, Mr. Rawlinson may make observations regarding Qurate Retail's financial performance and outlook as well as other forward-looking matters. The presentation will be broadcast live via the Internet. All interested persons should visit the Qurate Retail website at to register for...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail” or the “Company”) (Nasdaq: QRTEA, QRTEB, QRTEP) announced that it received approval from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) to transfer the listing of the Company’s Series A common stock (“QRTEA”), Series B common stock, and 8.0% Series A Cumulative Redeemable Preferred Stock (collectively, the “Securities”) from the Nasdaq Global Select Market to the Nasdaq Capital Market. The listing of the Company’s Securities was transferred to the Nasdaq Capital Market at the opening of busine...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) today announced that an authorized committee of its Board of Directors declared the regular quarterly cash dividend payable to holders of its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”). The per share amount of the quarterly cash dividend will be $2.00, payable in cash on December 16, 2024 to stockholders of record of the Preferred Stock at the close of business on December 2, 2024. About Qurate Retail, Inc. Qurate Retail, Inc. is a Fortune 500 company comprised of six lead...
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 November 1, 2024 of the 4.0% Senior Exchangeable Debentures due 2029 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC (“LI LLC”).The semi-annual interest payment amount is $20.00 per $1,000 original principal amount of Debentures (a “Debenture”), and the amount of the Regular Additional Distribution is $0.4302 per $1,000 original principal am...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB, QRTEP) today reported third quarter 2024 results(1). “While the third quarter was anticipated to be the most difficult quarter of 2024, current headline events and the challenging macro-economic climate heavily impacted viewership of our programming and consumer behavior more than expected,” said David Rawlinson, President and CEO of Qurate Retail. “As a result, revenue underperformed this quarter and resulted in meaningful bottom-line deleverage. Despite this, we were able to hold consolidated gr...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) will be holding its annual Investor Meeting on Thursday, November 14, 2024, which will occur concurrent with the annual Investor Meeting of Liberty Media Corporation (“Liberty Media”). Presentations related to Liberty Media will begin at approximately 9:30am E.T. and presentations for Qurate Retail, Liberty TripAdvisor Holdings, Inc. and Liberty Broadband Corporation are estimated to begin at approximately 1:00pm E.T. During its annual Investor Meeting, observations may be made regarding Qur...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) will host a conference call to discuss results for the third quarter of 2024 on Thursday, November 7th at 8:30 a.m. E.T. Before the open of market trading that day, Qurate Retail will issue a press release reporting such results, which can be found at . The press release and conference call may discuss Qurate Retail’s financial performance and outlook, as well as other forward looking matters. Please call InComm Conferencing at (877) 704-4234 or +1 (215) 268-9904, confirmation code 13744091...
WEST CHESTER, Pa.--(BUSINESS WIRE)-- QVC, Inc. (“QVC”) announced today the consummation of its previously announced exchange offers (each, an “Exchange Offer,” and collectively, the “Exchange Offers”) for any and all of the outstanding notes listed in the table below (collectively, the “Old Notes”) for its newly-issued 6.875% Senior Secured Notes due April 2029 (the “New Notes”) and, as applicable, cash. The table below provides the aggregate principal amount of each series of Old Notes that were validly tendered and not validly withdrawn at or prior to the expiration date of the Exchange Off...
WEST CHESTER, Pa.--(BUSINESS WIRE)-- QVC, Inc. (“QVC”) announced today the results of its previously announced exchange offers (each, an “Exchange Offer,” and collectively, the “Exchange Offers”) for any and all of the outstanding notes listed in the table below (collectively, the “Old Notes”) for its newly-issued 6.875% Senior Secured Notes due April 2029 (the “New Notes”) and, as applicable, cash, on the terms and subject to the conditions set forth in the Offering Memorandum, dated September 11, 2024 (as supplemented, the “Offering Memorandum” and, together with the eligibility letter and t...
WEST CHESTER, Pa.--(BUSINESS WIRE)-- QVC, Inc. (“QVC”) announced today that it has commenced an offer to exchange (the “Exchange Offers”) any and all of the outstanding notes listed in the table below (collectively, the “Old Notes”) for QVC’s newly-issued 6.875% Senior Secured Notes due April 2029 (the “New Notes”) and, as applicable, cash, on the terms and subject to the conditions set forth in the Offering Memorandum, on the date hereof (the “Offering Memorandum” and, together with the eligibility letter and the notice of guaranteed delivery, the “Exchange Offer Documents”). The Exchange Off...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) announced that Greg Maffei, Executive Chairman of Qurate Retail, will be presenting at the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10th at 6:05 p.m. E.T. in San Francisco. During his presentation, Mr. Maffei may make observations regarding the company's financial performance and outlook, as well as other forward looking matters. The presentation will be broadcast live via the Internet. All interested persons should visit the Qurate Retail website at to reg...
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) today announced that an authorized committee of its Board of Directors declared the regular quarterly cash dividend payable to holders of its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”). The per share amount of the quarterly cash dividend will be $2.00, payable in cash on September 16, 2024 to stockholders of record of the Preferred Stock at the close of business on September 3, 2024. About Qurate Retail, Inc. Qurate Retail, Inc. is a Fortune 500 company comprised of six le...
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 August 1, 2024 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 amount of the Regular Additional Distribution is $0.3145 per $1,000 original principal amount of Debentur...
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