Qurate Retail, Inc. Series A - QRTEA STOCK NEWS

Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced a special cash dividend of $1.25 per common share, totaling approximately $495 million, based on shares outstanding as of October 31, 2021. The dividend will be paid on November 22, 2021, to stockholders of record as of November 15, 2021. Further details regarding the ex-dividend date will be provided in a future press release.

QVC and HSN are hosting a 49-hour livestream shopping event called "Shop With Us Live" from November 6-7, featuring over 200 hours of interactive shopping content. The event will showcase various celebrities, including Whoopi Goldberg and Dolly Parton, offering holiday deals and promotions on popular brands. Shoppers can access the livestream across multiple platforms, including social media and streaming services. All orders will arrive by December 24, featuring an Under the Tree Guarantee. The event aims to engage millions of shoppers during the holiday season.

Zulily, an online retailer, is partnering with Toys for Tots this holiday season. From November 1 to November 30, 2021, for every order including two or more items from Zulily's Santa's Workshop, the company will donate $1 to Toys for Tots. This initiative aims to provide toys to less fortunate children, aligning with Zulily's commitment to community support. Zulily highlights its role as a major toy seller, having sold tens of millions of toys since 2010, and encourages early holiday shopping among moms, who often plan ahead for gifts.

QVC, Inc. announced the refinancing of its senior secured credit facility with a new $3.25 billion multi-currency revolving facility on October 27, 2021. This new arrangement replaces the previous $2.95 billion credit facility and includes a reduced interest rate based on the consolidated debt-to-EBITDA ratio. The facility matures on October 27, 2026 and is secured by the equity of QVC and its wholly owned subsidiaries, including Zulily and Cornerstone Brands.

Qurate Retail, Inc. will hold a conference call on November 4th at 8:30 a.m. (E.D.T.) to discuss its third-quarter 2021 results. The earnings press release will be available before market open on the same day. Participants can access the call by dialing 800-289-0571 or +1-323-794-2093 with passcode 5872354. The call will also be broadcast live online, and links to the press release and call replays will be accessible on the Qurate Retail website. The company is a leader in video commerce and holds several renowned retail brands.

Qurate Retail, Inc. will conduct its annual Investor Meeting on November 19, 2021, starting at 9:00am E.T.. The meeting, held virtually, invites shareholders, analysts, and press, with registration details available on the company's website. After presentations on financial performance and outlook, a Q&A session will be hosted by executives, including Executive Chairman Greg Maffei and CEO David Rawlinson. Questions for this session can be submitted until November 12, 2021, at 5:00 p.m. E.T..

On October 12, 2021, QVC announced the 28th annual FFANY Shoes on Sale event, aiming to raise over $60 million for breast cancer research and education. The campaign, running through December 31, 2021, features discounted footwear with proceeds benefiting the Fashion Footwear Charitable Foundation. To date, the initiative has raised more than $59.5 million. Prominent beneficiaries include Penn Medicine and Dana-Farber Cancer Institute. QVC's long-standing commitment to this cause highlights its role in community support and sustainable retail practices.

Qurate Retail Group is expanding its Small Business Spotlight program to support diverse entrepreneurs by providing them with national exposure on QVC, HSN, and Zulily. In 2022, at least 100 businesses will be selected, building on approximately 160 from 2021. Participants will be featured during key heritage months, reaching millions of customers. The program aims to assist underrepresented businesses and enhance equity. By 2025, the goal is to showcase at least 500 diverse businesses. Successful past participants reported significant sales increases, highlighting the program's impact on small business growth.

On October 1, 2021, Zulily announced a partnership with Habitat for Humanity International, committing to donate 1% of all in-app Home category sales throughout October. This initiative aims to support families striving for affordable homeownership, particularly benefiting single moms. With 43.5 million moms in the U.S., Zulily aims to empower conscious consumerism, allowing shoppers to make impactful purchases. The campaign emphasizes the importance of affordable housing, as many families are severely burdened by housing costs. Zulily encourages shoppers to participate and make a difference while enjoying holiday shopping.