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Qurate Retail, Inc. operates within the video and digital retail sectors across North America, Europe, and Asia. The company offers a diverse ...
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Est. EPS $0.63 · Revenue $10.07B · 1 analysts
EPS $-0.25 · Revenue $2.10B
EPS $-3.25 · Revenue $10.04B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $8.3B | -17.4% | +12.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $0 | +100.0% | -102.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | 0.0% | -100.0% | — |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -24.3% | -201.8% | -92.6% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | 0.0% | +100.0% | -101.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $274.0M | -5.2% | -164.8% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +3.3% | +14.7% | -157.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | -182.4% | +68.2% | +4.6% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.41x | -66.2% | -100.0% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $5.7B | -38.0% | -100.0% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.00 vs 0.60 | -100.0% | -5.79 vs 0.16 | -3804.4% |
| Revenue Surprise | $8.3B vs $10.0B | -17.3% | $2.0B vs $2.3B | -14.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Dec 17, 2024 | Wendling Brian J | officer: CAO/PFO | 8% Series A Cumulative Redeemable Preferred Stock | D | 4,500 | $36.70 |
| Dec 16, 2024 | DIAS FIONA P | director | Dividend Equivalent Rights - QRTEA | A | 1,529 | — |
| Dec 10, 2024 | Rawlinson David | director, officer: President/CEO | Series A Common Stock | A | 147,571 | — |
| Dec 10, 2024 | Rawlinson David | director, officer: President/CEO | Series A Common Stock | D | 64,179 | $0.37 |
| Dec 10, 2024 | Rawlinson David | director, officer: President/CEO | Restricted Stock Units - QRTEA | D | 147,571 | — |
Operator: Greetings, and welcome to the QVC Group's Third Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Jessica Donati. Thank you. You may begin. Jessica Donati: Thank you, Rob, and good morning. Before we begin the call, I'd like to remind everyone that this call contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent forms 10-K and 10-Q filed by QVC Group and QVC with the SEC. These forward-looking statements speak only as of the date of this call, and QVC Group expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in QVC Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please note that we have published slides to accompany the earnings release. On today's call, we will discuss certain non-GAAP financial measures, including adjusted OIBDA, adjusted OIBDA margin, free cash flow and constant currency. Information regarding the comparable GAAP metrics, along with required definitions and reconciliations, including preliminary note and schedules 1 and 2, can be found in the earnings press release issued today, or our earnings presentation, which are available on our website. Today, speaking on the earnings call, we have QVC Group President and CEO, David Rawlinson; QVC Group CFO and CAO; Bill Wafford; and QVC Group's Executive Chairman, Greg Maffei. Now I'll hand the call over to David Rawlinson. David Rawlinson: Thank you. Good morning, everyone. We appreciate you joining us and from your continued interest in QVC Group. During the third quarter, we continued to make progress implementing our WIN growth strategy and other key initiatives to drive the future of live social shopping. We are encouraged by the results we're seeing in our social and streaming platforms against what continues to be a challenging tariff, viewership and macroeconomic backdrop. Though declining linear TV viewership has put pressure on our business, we are executing well on the second phase of our transformation as we continue to manage costs, address our capital structure and invest in social and screening. As I mentioned last quarter, we are continuing to work to find cost reduction opportunities. In Q3, we are fully recognizing the favorable impact of our organizational change from our IT outsourced service model. We have largely completed our previously announced reduction of our global workforce by over 1,000. In last quarter, we completed the operational move of HSN to our headquarters in West Chester, Pennsylvania and have now entered into agreements to …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Gregory Maffei | Executive Chairman | USD 3,170,782 | Male | 1960 | Active |
David L. Rawlinson | President, Chief Executive Officer & Director | USD 2,324,224 | Male | 1976 | Active |
Christopher W. Shean | Senior Advisor | USD 1,013,264 | Male | 1965 | Active |
Renee L. Wilm | Chief Legal Officer & Chief Administrative Officer | USD 361,690 | Female | 1975 | Active |
Brian J. Wendling | Chief Accounting Officer & Principal Financial Officer | USD 262,382 | Male | 1973 | Active |
Aidan O'Meara | President of Qurate Retail Group International | — | Male | 1963 | Active |
Ben Oren | Executive Vice President & Treasurer | — | Male | — | Active |
Wade D. Haufschild | Senior Vice President | — | Male | 1976 | Active |
Katherine C. Jewell | Vice President & Secretary | — | Female | — | Active |
Thomas Bazzone | President of Frontgate | — | Male | 1967 | Active |
Brian Beitler | Founder & GM of Live Shop Ventures | — | Male | 1973 | Active |