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Qurate Retail, Inc. Series B - QRTEB STOCK NEWS

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.

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Qurate Retail, Inc. reported second quarter 2023 results, with revenue decreasing by 7% to $2.5 billion. The company made progress on Project Athens, improving gross margins in its video commerce businesses and cash flow. They divested Zulily, received $225 million of insurance proceeds for the fire at their former fulfillment center, and repaid debt. Qurate Retail anticipates improved profitability in the second half of 2023 and is on track to achieve Project Athens objectives through 2024.
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Qurate Retail, Inc. will host a conference call to discuss Q2 2023 results on August 4th. The call will cover financial performance, outlook, and other forward-looking matters. Interested participants can register for the webcast on the Qurate Retail website.
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Qurate Retail Group launches QVC and HSN linear channels on Amazon Freevee, expanding its reach in the video commerce market. The company also introduces The Big Dish, its first FAST Channel. QVC and HSN will offer approximately 40 hours a day of live vCommerce programming, featuring popular shows and celebrity presenters. The Big Dish will focus on culinary content. Qurate Retail Group aims to expand its vCommerce experiences across new media and digital platforms.
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Qurate Retail reports Q1 2023 results with meaningful improvement in revenue trends at QVC US & QVC International, while performance remains soft at HSN, Cornerstone, and Zulily. The company expects material improvement in profitability in the second half of the year.
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Qurate Retail's Executive Chairman, Greg Maffei, will be presenting at the MoffettNathanson Media & Communications Summit on May 16th. He may discuss the company's financial performance and outlook.
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FAQ

What is the current stock price of Qurate Retail Series B (QRTEB)?

The current stock price of Qurate Retail Series B (QRTEB) is $3.15 as of November 22, 2024.

What is the market cap of Qurate Retail Series B (QRTEB)?

The market cap of Qurate Retail Series B (QRTEB) is approximately 1.2B.

What industries is Qurate Retail, Inc. involved in?

Qurate Retail Inc is engaged in the video and online commerce industries.

Which segments are included in Qurate Retail, Inc.?

Qurate Retail Inc includes QxH, QVC International, and Zulily as its segments.

In which countries does Qurate Retail, Inc. operate?

Qurate Retail Inc operates in the U.S, Japan, Germany, and other regions.

What is the new collection launched by Qurate Retail, Inc.?

The new nicole by Nicole Miller collection has been launched by Qurate Retail Inc.

With whom did Qurate Retail, Inc. collaborate for the new collection?

Qurate Retail Inc collaborated with Gordon Brothers for the new nicole by Nicole Miller collection.

What is the aim of QVC's new campaign platform?

QVC's new campaign platform aims to empower women over the age of 50 to seize what's next.

What is QVC's Age of Possibility about?

Age of Possibility is a platform by QVC that represents the vibrant stage of life for women over 50.

When was the new collection exclusively for QVC launched?

The nicole by Nicole Miller collection premiered on May 3, on-air and on QVC.com.

What range of sizes does the nicole by Nicole Miller collection offer?

The nicole by Nicole Miller collection offers inclusive sizing ranging from XXS to 3X.

Where can I find more information about Qurate Retail, Inc.?

For more information, visit Qurate Retail Inc's official website.

Qurate Retail, Inc. Series B

Nasdaq:QRTEB

QRTEB Rankings

QRTEB Stock Data

1.20B
355.83M
88.92%
4.62%
Internet Retail
Retail-catalog & Mail-order Houses
Link
United States of America
ENGLEWOOD