by Mike Duff | Nov 7, 2024 | Retail Articles
The third quarter was difficult for Qurate Retail, but the company’s transformation plan is approaching the culmination of an effort to improve internal operation and shifting to initiatives that apply resources to expanding the business on streaming services and...
by Mike Duff | Aug 8, 2024 | Retail Articles
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...
by Mike Duff | May 8, 2024 | Retail Articles
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...
by Mike Duff | Apr 10, 2024 | Retail Articles
As part of a business realignment, Qurate Retail Group announced it promoted finance chief Bill Wafford to the expanded role of chief administrative officer and CFO, and chief people officer Linda Aiello is leaving the company. Wafford now also oversees the Qurate...
by Mike Duff | Feb 28, 2024 | Retail Articles
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...
