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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.
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Qurate Retail, Inc. reported a 3% decrease in revenue for the third quarter of 2023, reaching $2.5 billion. However, they achieved a strong Adjusted OIBDA growth of over 50% and increased free cash flow. QxH revenue declined 3%, QVC International revenue increased 4%, and Cornerstone revenue decreased 13%. The company retired or exchanged its remaining 1.75% exchangeable debentures and reduced its revolver balance by $435 million.
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HSN announces the launch of Chaka Khan's debut fragrance, Chaka by Chaka Khan, which will be exclusively available on HSN.com. The fragrance is a tribute to Chaka Khan's 50 years of music and features notes of violet, ylang ylang, bergamot, pink pepper, musk blossom, patchouli, vanilla, cinnamon, and sandalwood. Chaka Khan will appear live on HSN to share stories and promote the fragrance.
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QVC is hosting the 'Nonstop Holiday Party' weekend on November 4-5, featuring celebrity guests, early Black Friday sales, and live original content. The event will run for 49 hours and will be streamed on multiple platforms. Shoppers can find holiday deals and gift ideas, with guaranteed delivery by December 24.
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Qurate Retail, Inc. will be holding its annual Investor Meeting on November 9, 2023, concurrent with Liberty Media Corporation's Investor Meeting. The meeting will include presentations on financial performance and outlook. Registration and livestream information is available on the Qurate Retail website. A Q&A session will be hosted after the presentations.
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QVC collaborates with Isaac Mizrahi and Selma Blair to launch the Isaac Mizrahi Live! x Selma Blair fashion collection, featuring accessible and inclusive designs. The collection includes 15 styles ranging in price from $49-$129, with additional assortments planned for the future.
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Qurate Retail, Inc. will host a conference call to discuss Q3 2023 results on November 3rd. The call will discuss financial performance and outlook.
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HSN debuts on Sling Freestream, expanding its reach on FAST services. HSN brings its vCommerce programming to the streaming platform, offering a curated assortment of exclusive products and top brand names. Sling Freestream provides viewers with 400+ free Live TV channels and access to over 40,000 on-demand shows and movies.
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GUIDE Beauty debuts on QVC with its revolutionary multi-use tool, the GUIDE Wand, and Luxe Long-Wear Eyeliner. The ergonomic design and inclusivity-focused approach of GUIDE Beauty's products aim to enhance personal care routines and empower individuals. The set will retail on QVC for $39.00. The launch will take place on September 15 during 'Friday Night Beauty' at 10 p.m. EST.
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Qurate Retail's Executive Chairman, Greg Maffei, will present at the Goldman Sachs Communacopia & Technology Conference on September 6th, discussing financial performance and outlook.
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HSN partners with Fanatics to expand sports merchandise assortment, providing fans with a wide range of products from major sports leagues. HSN will offer their largest-ever collection of team merchandise to-date, with plans to continue expanding. Exclusive offerings will be available live on-air. The collaboration kicks off with MLB products, followed by NFL and college merchandise. HSN aims to create an unparalleled sports shopping experience for customers.
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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 $31.75 as of December 26, 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
QRTEP Rankings
QRTEP Stock Data
11.60M
8.43%
22.06%
Internet Retail
Retail-catalog & Mail-order Houses
United States of America
ENGLEWOOD