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Qurate Retail Inc   (QRTEA)
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Price: $1.1800 $-0.01 -0.840%
Day's High: $1.29 Week Perf: -10.61 %
Day's Low: $ 1.16 30 Day Perf: 26.18 %
Volume (M): 8,536 52 Wk High: $ 1.80
Volume (M$): $ 10,072 52 Wk Avg: $0.86
Open: $1.19 52 Wk Low: $0.40



 Market Capitalization (Millions $) 462
 Shares Outstanding (Millions) 392
 Employees 27,500
 Revenues (TTM) (Millions $) 10,915
 Net Income (TTM) (Millions $) -94
 Cash Flow (TTM) (Millions $) 231
 Capital Exp. (TTM) (Millions $) 184

Qurate Retail Inc
Qurate Retail Inc is a publicly traded multimedia conglomerate specializing in the retail industry, headquarted in Englewood, Colorado, in the United States. The company operates a range of brands spanning the homeshopping, retail, and e-commerce sectors, and provides a diverse range of products and services to consumers around the world.

The company was founded in 1986, and initially had a focus on the homeshopping market, providing consumers with a range of products and services through its flagship brand, QVC. Since then, Qurate Retail has expanded its operations to include a number of other brands, including HSN, zulily, Frontgate, Ballard Designs, Garnet Hill, and Grandin Road.

Qurate Retail has operations in the US, UK, Japan, Germany, Italy, France, China, and the Philippines, and employs over 27,000 people. As of 2019, the company reported revenue of $14.1 billion, and is listed on the NASDAQ stock exchange under the ticker QRTEA.

The company's primary brand, QVC, is a television shopping network that broadcasts live 24/7, which reaches over 380 million homes worldwide. QVC offers a wide range of products and services, including apparel, jewelry, beauty products, home goods, electronics, and more. The company also operates an e-commerce website, allowing customers to shop from the comfort of their own homes.

In addition to its homeshopping brands, Qurate Retail also operates HSN, which has a similar focus on television shopping, as well as zulily, which specializes in flash sales and daily deals. The company's retail brands, including Frontgate, Ballard Designs, and Garnet Hill, offer high-quality home furnishings and decor.

Overall, Qurate Retail Inc is a diversified multimedia company that has a strong presence in the retail industry, with a focus on delivering value to consumers through its range of brands and products. The company continues to innovate and expand its operations, with a focus on providing customers with high-quality products and services, and enhancing its omni-channel retail capabilities.


   Company Address: 12300 Liberty Boulevard Englewood 80112 CO
   Company Phone Number: 875-5300   Stock Exchange / Ticker: 0 QRTEA
   


   

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Qurate Retail Inc

Qurate Retail Inc Faces Significant Decline in Revenue During Fourth Quarter of 20232.

Qurate Retail Inc, a leading Internet, Mail Order & Online Shops company, recently released its financial results for the financial time-frame closing December 31, 2023. The company reported a deficit per share of $-0.35, which is a significant increase compared to $0.00 per share in the previous year and from $0.00 per share in the prior financial reporting period. The revenue also saw a considerable decline, dropping by -10.862% to $3.14 billion from $3.53 billion in the same financial reporting period a year ago. However, there was a sequential improvement in revenue of 26.785% from $2.48 billion.
The decrease in revenue is in contrast to the on average Internet, Mail Order & Online Shops sector, which has seen a top-line improvement. Qurate Retail Inc also reported a net deficit of $-258.000 million, which is higher than the $-30.000 million reported a year ago. The company's inventories have declined to $1,044.0 million, indicating a possible decrease in future demand, both from the previous quarter and relative to the same period a year before.

Qurate Retail Inc

Qurate Retail Inc Experiences Significant Revenue Dip of -10.295% in Recent Fiscal Period Amid Plummeting Profit per Share

Financial News Report:
Qurate Retail Inc Reports Soft Top and Bottom-Line in Recent Fiscal Period
During the most recent fiscal period, Qurate Retail Inc, an Internet, Mail Order & Online Shops company, reported a decline in both its top and bottom-line figures. The net profit per share plummeted by -47.17%, while the revenue dropped by -10.295% year on year. The revenue for this period amounted to $2.65 billion, compared to $2.95 billion in the same period last year. Similarly, the earnings per share (EPS) decreased to $0.28 from $0.53 in the second quarter of 2022.
In comparison to previous periods, Qurate Retail Inc experienced a significant improvement in EPS, with an increase of 460% from $0.05 per share. However, the revenue only advanced by 0.189% to $2.64 billion. The bottom-line for the second quarter of 2023 earnings season fell by -46.15% to $119.000 million from $221.000 million in the corresponding period of the previous year.

Qurate Retail Inc

Qurate Retail Inc Defies Odds, Maintaining Solid Income per Share throughout Q1 2023

Qurate Retail Inc, formerly known as Liberty Interactive Corporation, is a leading media and ecommerce company that operates mainly in North America, Europe and Asia. The company's portfolio includes a number of well-known brands, such as QVC, HSN, Zulily, Ballard Designs, Frontgate, and Grandin Road. Qurate Retail Inc has a long-standing history of success, and it continues to be one of the most prominent players in the ecommerce and retail space.
For the first quarter of 2023, Qurate Retail Inc reported a company income per share of $0.05 per share, which remained unscathed compared to $0.00 per share a year prior and from $0.00 per share from the preceding quarter. This indicates that the company has been able to maintain a consistent level of income over the past year. The revenue decreased by -8.29% to $2.64 billion from $2.88 billion in the comparable quarter a year prior and sequentially revenue fell by -25.014% from $3.53 billion. This decline in revenue can be attributed to the ongoing COVID-19 pandemic, as many consumers continue to face economic uncertainty and financial constraints.






 

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Qurate Retail Inc does not provide revenue guidance.

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