Qurate Retail reported the company turnaround plan is taking hold as its first-quarter loss was less than Wall Street expected and sales were more. Company net income was $20 million, or 5 cents per diluted share, versus $1 million, or, in effect, zero cents per...
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,...