QVC Group Inc Stock Price, News & Analysis

QVC Group (QVCGA) reported challenging Q1 2025 results with significant revenue declines. Total revenue decreased 10% to $2.1B, with operating income falling 90% to $14M. The company's main segments all showed weakness: QxH revenue fell 11%, QVC International declined 6%, and Cornerstone dropped 13%. Adjusted OIBDA decreased 32% to $177M. Key challenges included declining linear TV viewership and tariff volatility impacting consumer sentiment. The company recorded $57M in restructuring charges ($36M at QxH, $21M at QVC International). Despite headwinds, QVC is pursuing strategic initiatives including a first-of-its-kind partnership with TikTok for 24/7 content creation. The company's leverage ratio increased to 3.7x, with total debt of $5.57B as of March 31, 2025.

QVC (QVCGA) is set to host its first-ever TikTok Shop Super Brand Day on May 14, 2025, marking its second year of the Age of Possibility initiative. The event will feature an 8-hour livestream from Santa Monica, showcasing the 2025 Q50 ambassadors, including new additions Hoda Kotb, Carla Rockmore, and Kathy Hilton, alongside returning members Kathie Lee Gifford, Stacy London, and Barbara Costello.

The event follows QVC Group's milestone as the first U.S. retailer to launch a 24/7 live social shopping experience on TikTok Shop. The livestream will offer exclusive deals across beauty, fashion, home, and kitchen collections, featuring creator and celebrity-led content focused on women's empowerment and celebrating life's possibilities at any age.

QVC has announced a partnership with Hilary Duff to bring her Below 60 home fragrance line to their platform. The collection debuts with a QVC-exclusive scent called 'Meet Me in the Garden' featuring black currant, rose, and violet leaf notes.

The special offer includes two Plug-In Diffuser Starter Kits at $79.98, each containing a diffuser and three oils including the exclusive scent and two signature fragrances: 'If Citrus Were a Feeling' and 'Vanilla Buys a Timeshare in Paradise'.

Below 60's products are cruelty-free and free from dyes, phthalates, parabens, and formaldehydes. The collection launches on QVC.com and will be featured in a live on-air appearance with Hilary Duff on April 26 at 10:00 AM EST.

QVC Group (Nasdaq: QVCGA, QVCGB, QVCGP) has scheduled its first quarter 2025 earnings conference call for Wednesday, May 7th at 5:00 p.m. E.T. The company will release its financial results after market close on the same day.

The Fortune 500 company operates six retail brands including QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road. As a live social shopping company, QVC Group reaches over 200 million homes worldwide through 15 television channels and various digital platforms including QVC+ and HSN+ streaming, social media, websites, mobile apps, print catalogs, and in-store destinations.

QVC Group (Nasdaq: QVCGA) has appointed Tony Williams as Chief People Officer, effective April 28, 2025. Williams will oversee the global team member experience portfolio, including People & Organization, Global Impact, Talent Management, and Total Rewards & People Operations.

Williams brings over 25 years of global strategic and operational business experience, most recently serving as Senior Vice President - Global Human Resources, Transformation Enablement & Regions at The Estee Lauder Companies. He previously held senior People leadership roles at Tyco International, Remy International, and Air Products and Chemicals, beginning his career at Macy's.

In his new role, Williams will report to Mike Fitzharris, President of QVC US Brand and Chief Operating Officer, serving as a strategic advisor to the Executive Leadership Team to drive the company's People agenda as part of its growth strategy.

QVC Group (QVCGA) has announced a strategic partnership to host 24/7 live shopping streams on TikTok Shop, marking the first continuous live social shopping experience in the U.S. The company will leverage its extensive live content production capabilities, featuring its brands, products, and talent on the platform.

QVC Group produces over 40,000 hours of live shoppable content annually, offers 400,000 products, and ships more than 200 million units yearly. Since joining TikTok Shop in August 2024, over 74,000 TikTok creators have featured QVC items in their content.

The partnership aims to capitalize on TikTok's 170 million users in the U.S., with TikTok Shop's monthly shopping user base nearly tripling since its 2023 launch. The initiative will feature original QVC and HSN content specifically created for the TikTok platform.

QVC Group (Nasdaq: QVCGA) has appointed Alex Wellen as President & Chief Growth Officer, effective immediately. Wellen, who brings over 20 years of experience in digital media and product innovation, will lead QVC Group's growth strategy across U.S. Social Selling, Streaming, Digital platforms, New Business Development, and Platform Distribution.

Reporting to CEO David Rawlinson II, Wellen joins from MotorTrend Group, where he served as CEO and President. Previously, he held senior leadership positions at Turner Broadcasting and CNN Worldwide. The appointment aligns with QVC's strategy to transform into a live social shopping company, leveraging Wellen's expertise in innovating and driving growth through live experiences across social, digital, and TV platforms.