Welcome to our dedicated page for Qurate Retail Series B news (Ticker: QRTEB), a resource for investors and traders seeking the latest updates and insights on Qurate Retail Series B stock.
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Geographically, the company operates in U.S, which generates key revenue, Japan, Germany and other regions.
QVC announced a digital collaboration with Danny Seo to enhance its clean beauty offerings. The "Naturally, Danny Seo" collection will feature over 30 clean beauty products from various brands, alongside an exclusive Clean Beauty Box. Seo aims to educate customers through original video content and a digital series across platforms. This partnership aligns with QVC's strategy, which includes over 90 clean beauty brands, to provide consumers with trusted options in sustainable beauty. The collection will be available on QVC.com with more products expected throughout the year.
On March 31, 2021, Qurate Retail Group announced the appointment of David Gerbitz as Chief People Officer, effective April 8. Gerbitz, who brings extensive experience from companies like Microsoft and Pandora Media, will oversee the company's global People strategy, including Talent Acquisition and Diversity initiatives. His role aims to enhance organizational strength and drive growth within the company's digital and media landscape, which includes major retail brands like QVC and HSN. Qurate Retail Group operates globally with over 26,000 employees and ranks among the top e-commerce retailers.
Zulily launches a curated collection for spring, focusing on newborn gear and utilizing insights from a recent survey of moms. The survey identifies shopping habits among three mom demographics: TikTok Moms (25-34), Facebook Moms (35-44), and Mixtape Moms (45-54). Key findings include TikTok Moms' preference for nighttime shopping and convenience over cost. The Late Night Shop for Mom will run from April 7-12, offering deals and free shipping on orders over $35. Zulily has collaborated with over 15,000 brands to enhance personalized shopping experiences.
QVC has expanded its partnership with Estée Lauder to celebrate the brand's 75th anniversary, featuring its products across QVC's multiplatform shopping ecosystem. Starting March 16, 2021, customers will see Estée Lauder's offerings, including the Advanced Night Repair serum. The promotion leverages QVC’s reach to 94 million U.S. homes and aims to enhance customer engagement through video commerce. Claudia Benshimol from Estée Lauder emphasized the importance of diversifying distribution, while Qurate Retail's Mary Campbell highlighted the potential to connect with new audiences.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced that its President and CEO, Mike George, will present at the Bank of America Consumer & Retail Technology Conference on March 10th at 10:30 a.m. EST. During this event, Mr. George is expected to discuss the company's financial performance and future outlook. The presentation will be available for live streaming on the Qurate Retail website, with an archive accessible for 180 days following the event.
Qurate Retail operates various digital commerce businesses, including QVC, Zulily, and others.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has announced that Executive Chairman Greg Maffei will present at the Deutsche Bank Media, Internet and Telecom Conference on March 8th at 4:00 p.m. E.S.T. Maffei is expected to discuss the company’s financial performance and future outlook. Interested parties can watch the live presentation on the Qurate Retail website, which will also host an archived version for 180 days following the event. Qurate Retail operates QVC, Zulily, and Cornerstone Brands, alongside investments in green energy.
Qurate Retail reported strong Q4 and full year 2020 results, with total revenues of $4.5 billion in Q4 and $14.2 billion for the year, marking increases of 7% and 5% respectively. eCommerce revenue surged 12% in Q4, contributing 65% of total revenue. Diluted EPS reached $1.56 in Q4 and $2.86 for the year. The company returned approximately $1.4 billion to shareholders through dividends and share repurchases. Notably, operating income saw a substantial rise, reflecting effective strategies amid changing market dynamics.
Qurate Retail announced that Greg Maffei, Executive Chairman, will present at the Morgan Stanley Technology, Media and Telecom Conference on March 1 at 4:15 p.m. E.S.T. His presentation may cover the company's financial performance and future outlook. Interested individuals can watch the live broadcast on the Qurate Retail website, with an archive available for 180 days post-event. Qurate Retail, operating various digital commerce businesses, includes entities like QVC and Zulily.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has announced a cash dividend of $2.00 per share for its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on March 15, 2021 to stockholders of record as of March 1, 2021. Qurate Retail operates a diverse range of digital commerce businesses, including QVC and Zulily, among others, and holds interests in renewable energy.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has announced the payment of a semi-annual interest payment of $18.75 per $1,000 principal for its 3.75% Senior Exchangeable Debentures due 2030, along with a regular additional distribution of $0.28730 per Debenture. These payments are scheduled for February 16, 2021, for holders of record as of February 1, 2021. The adjusted principal amount of the Debentures will not affect the interest payments. This is the first additional distribution since an Extraordinary Additional Distribution was made in 2013.
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