by Mike Duff | Nov 3, 2023 | Retail Articles
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...
by Mike Duff | Aug 4, 2023 | Retail Articles
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,...
by Mike Duff | May 25, 2023 | Retail Articles
Regent, a Los Angeles-based investment firm with expertise in the retail and apparel sectors, has acquired Zulily, from Qurate Retail, the companies announced in a joint statement. Zulily was a wholly owned Qurate Retail subsidiary and the company noted that the...
by Mike Duff | May 5, 2023 | Retail Articles
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...
by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
