A fire and inflation contributed to less-than-expected second quarter financial results at Qurate Retail, even as it undertakes a strategic turnaround initiative. Company net income in the quarter was $203 million, or 53 cents per diluted share, versus $222 million,...
In a preview, Qurate Retail is updating its most recent public commentary regarding expected fourth-quarter results as the company, which operates QVC and HSN among other operations, experienced lower-than-anticipated sales in the fourth quarter. The company expects...