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Qurate Retail, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock - QRTEP STOCK NEWS

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Qurate Retail, Inc., a Fortune 500 company, operates in the video and online commerce industries across North America, Europe, and Asia. Its segments include QxH, QVC International, and Zulily, offering a wide variety of consumer products through televised shopping programs and online platforms.

Qurate Retail is leading the way in the Age of Possibility, empowering women over 50 to seize new opportunities and live authentically. Through its dedicated efforts, the company is disrupting stereotypes and supporting women in this vibrant stage of life.

Recently, Qurate Retail launched 'The Big Dish' on The Roku Channel, featuring a mix of original culinary content from QVC, QVC2, HSN, and the QVC+ and HSN+ streaming services. This move showcases the company's commitment to expanding its vCommerce experiences across different digital platforms.

Rhea-AI Summary
Qurate Retail, Inc. reported its fourth quarter and year end 2023 results, showcasing a transformational year with positive operational health and financial performance. Revenue decreased by 4% in Q4 and 5% for the full year, while Adjusted OIBDA increased by 46% in Q4. The company reduced debt by $956 million in 2023 and divested Zulily. Despite a diluted EPS of $(0.70) in Q4, Adjusted diluted EPS was $0.22. QxH revenue declined, QVC International revenue increased, and Cornerstone revenue decreased. Operating income and Adjusted OIBDA margins saw fluctuations across segments.
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Qurate Retail Group appoints Stacy Bowe as President of HSN, replacing Rob Muller. Bowe brings extensive retail experience to drive brand differentiation for HSN. Muller to depart HSN to focus on family and other pursuits.
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MacKenzie-Childs partners with QVC to introduce its playful décor and accessories to a wider audience, featuring a new collection launch. The collaboration aims to engage shoppers through a curated shopping experience across various platforms, showcasing iconic products and a fresh colorway.
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Qurate Retail, Inc. declares a regular quarterly cash dividend of $2.00 per share for its 8.0% Series A Cumulative Redeemable Preferred Stock, payable on March 15, 2024, to stockholders of record as of February 29, 2024.
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HSN announces exclusive collaboration with Harlem's Fashion Row (HFR) to present four exclusive collections for Spring and Fall 2024. The collections will feature top designers Megan Renee and Undra Celeste, with the aim of reflecting multiple perspectives on fashion. The collaboration signifies a notable advancement in the range of opportunities presently accessible to designers of color and supports HFR's mission of inclusivity and empowerment in the fashion industry. The collections will range in price point from $49.95 for a T-shirt to $189.95 for a trench coat.
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Qurate Retail, Inc. will host a conference call to discuss Q4 2023 results on February 28th. The press release will cover financial performance and outlook.
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QVC (QVC) to Debut The Outset Skincare Collection Live on Video Commerce Platforms; Co-Founded by Scarlett Johansson and Kate Foster. The Outset, a skincare collection, will launch live on QVC's video commerce platforms on January 9th, during 'Girls Night In with Courtney and Jane' at 9pm ET. The brand focuses on gentle, effective skincare powered by plant-based hydration and a proprietary hydration complex, Hylauroset™. Since its launch in Spring 2022, The Outset has gained a sizable social community and is expanding its reach by connecting with the QVC audience.
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Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced that David Rawlinson, President & Chief Executive Officer, will be presenting at the ICR Conference on January 8th. He may discuss financial performance, outlook, and other forward-looking matters. The presentation will be broadcast live via the Internet, with an archive available on the company's website.
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QVC® collaborates with Lawrence Zarian to launch BEAUTIFUL, a new fashion collection designed for and inspired by women of all ages, shapes, and sizes. The collection features separates, dresses, outerwear, and accessories, empowering women to be their own stylists and feel confident in what they wear. Lawrence Zarian's extensive knowledge and expertise in styling women for the past 30 years are reflected in the collection, which premieres on-air and on QVC.com on November 20.
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Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) Announces $2.00 Quarterly Cash Dividend for Preferred Stock Holders
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FAQ

What is the current stock price of Qurate Retail 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QRTEP)?

The current stock price of Qurate Retail 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QRTEP) is $32.75 as of December 24, 2024.

What industries is Qurate Retail, Inc. involved in?

Qurate Retail, Inc. operates in the video and online commerce industries across North America, Europe, and Asia.

What segments make up Qurate Retail's operations?

Qurate Retail's segments include QxH, QVC International, and Zulily, offering a wide variety of consumer products through televised shopping programs and online platforms.

What is the Age of Possibility initiative by Qurate Retail?

The Age of Possibility is a campaign by Qurate Retail that empowers women over 50 to embrace new opportunities and live authentically.

What is 'The Big Dish' on The Roku Channel?

'The Big Dish' is a channel launched by Qurate Retail on The Roku Channel, featuring original culinary content from QVC, QVC2, HSN, and the QVC+ and HSN+ streaming services.

What recent collaboration has Qurate Retail announced?

Recently, Qurate Retail collaborated with Gordon Brothers and designer Nicole Miller to launch the nicole by Nicole Miller collection exclusively for QVC.

Where can I find more information about Qurate Retail's products and initiatives?

To stay informed about Qurate Retail's latest updates and products, visit QVC.com and explore the diverse offerings and campaigns.

Qurate Retail, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock

Nasdaq:QRTEP

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QRTEP Stock Data

11.60M
8.43%
22.06%
Internet Retail
Retail-catalog & Mail-order Houses
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United States of America
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