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QVC Group (Nasdaq: QVCGA) reported challenging Q2 2025 results with significant declines across key metrics. Total revenue decreased 7% to $2.24 billion, with QxH revenue down 11% and Cornerstone declining 8%. The company recorded an operating loss of $2.3 billion, primarily due to a non-cash impairment charge related to goodwill and tradenames.
Key performance indicators showed weakness, with QxH units shipped declining 13% and total customers dropping 9% year-over-year to 7.2 million. Despite challenges, the company maintained double-digit Adjusted OIBDA margin and reported progress in its WIN strategy, with social and streaming business approaching double-digits of QxH revenue. The company's debt position increased to $5.64 billion, with QVC's leverage ratio reaching 3.9x at quarter-end.
QVC (NASDAQ:QRTEB) announces the return of its Foodie Travel Series, broadcasting live every Wednesday from August 6-27, 2025. The series will visit four U.S. destinations including Chicago, Racine, Savannah, and West Chester, showcasing local food brands and culinary traditions through live shoppable experiences.
The series kicks off in Chicago with special guest Sherri Shepherd, QVC Q50 ambassador, featuring local favorites like Alexandra's Pierogies, Happy to Meat You, and Mrs. Prindables. Viewers can watch the broadcasts at 4 p.m. ET and 8 p.m. ET on QVC, stream via the QVC app, or visit QVC.com.
QVC (NYSE:QVCGA) has launched its 38th annual "Christmas in July" shopping event, running through July 31, 2025. The company has assembled an impressive lineup of celebrity Merrymakers including Elton John, Martha Stewart, Kathy Hilton, Kim Gravel, and Babs Costello, who serves as Chief Cheer Officer.
The month-long event features hundreds of specially priced items across categories including décor, gourmet food, fashion, and beauty. Key highlights include Kathy Hilton's exclusive tree decoration showcase, Kim Gravel's new LWYA décor line, Elton John's Slatkin + Co partnership for luxury candles, and Martha Stewart's curated holiday guide.
The celebration includes special programming on QVC+ and HSN+ streaming service, featuring new shows like "Wrapped!" hosted by Ricki Lake and themed episodes of existing series. A Merrymaker Sweepstakes will run from July 17-31, offering customers a chance to win curated products.
[]QVC Group (NASDAQ: QVCGA) has scheduled its second quarter 2025 earnings conference call for Thursday, August 7th at 8:30 a.m. ET. The company will release its financial results before market opening on the same day.
Investors can access the conference call via phone through InComm Conferencing using confirmation code 13748878, or through a live webcast on the QVC Group website. The call will be archived on the website following SEC filings.
QVC Group operates as a Fortune 500 company with six retail brands including QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road. The company reaches over 200 million homes worldwide through 15 television channels and various digital platforms including streaming services, social media, and mobile apps.
QVC Group (NASDAQ: QVCGA) has announced the launch of QVC and HSN linear channels on Philo, a live TV streaming service with 1.3 million paid subscribers. As the first and only livestream shopping channels on Philo, QVC and HSN will provide nearly 40 hours of daily live shoppable entertainment across both channels.
The channels will be available on both Philo's subscription service and free channel offering (FAST channels), featuring shows like "In the Kitchen with David" and "Gotta See G with Giuliana Rancic." This expansion aligns with QVC Group's strategy to extend live shopping content across platforms, adding to their reach of over 200 million homes worldwide through 15 TV channels.
QVC Group announced a 1-for-50 reverse stock split for its Series A (QVCGA) and Series B (QVCGB) common stock, effective May 22, 2025. The split aims to help QVCGA regain Nasdaq compliance with the $1.00 minimum bid requirement. The company will also voluntarily delist QVCGB from Nasdaq and transfer it to the OTCQB Venture Market.
Following the reverse split, QVCGA shares will decrease from 394,321,833 to approximately 7,886,436, while QVCGB shares will reduce from 9,114,716 to about 182,294. The Series P stock (QVCGP) remains unaffected. Trading on a split-adjusted basis begins May 23, 2025, and the QVCGB delisting is expected around May 27, 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.
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