Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...
As it pursues a turnaround, Qurate Retail turned to an adjusted profit in the first quarter although revenues trailed a Wall Street estimate. Net loss was $1 million, or zero per diluted share, versus net income of $20 million, or five cents per diluted share, in the...
Qurate Retail turned to positive adjusted earnings in its fourth quarter versus an adjusted loss for the quarter in fiscal 2022, beating a Wall Street estimate. As it released its financial results, the company announced that it had appointed Stacy Bowe president of...
Qurate Retail emerged from a loss in its third quarter last year to post a profit for the period this year, but revenues in the quarter decreased as the company missed a Wall Street estimate. Net income was $1 million, or $0 per diluted share, versus net loss of $2.75...
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...