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Qurate Retail Inc (QRTEA.OQ)

QRTEA.OQ on NASDAQ Stock Exchange Global Select Market

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9 Jul 2020
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Latest Key Developments (Source: Significant Developments)

Qurate Expects Co's Overall Consolidated Revenue Will Be At Least $4.16 Mln For Q4
Tuesday, 28 Jan 2020 

Jan 28 (Reuters) - Qurate Retail Inc ::QURATE RETAIL INC - CURRENTLY EXPECTS THAT CO'S OVERALL CONSOLIDATED REVENUE WILL BE AT LEAST $4,160 MILLION FOR Q4 OF 2019.QURATE RETAIL INC - EXPECTS ADJUSTED OPERATING INCOME BEFORE DEPRECIATION & AMORTIZATION WILL BE AT LEAST $580 MILLION FOR Q4 OF 2019.QURATE RETAIL INC - EXPECT TO RECORD A NON-CASH IMPAIRMENT OF HSN'S TRADENAME PRELIMINARILY ESTIMATED TO BE IN A RANGE OF $120 MILLION TO $140 MILLION.  Full Article

QVC Inc Announces Proposed Senior Secured Notes Offering
Tuesday, 28 Jan 2020 

Jan 28 (Reuters) - Qurate Retail Inc ::QVC INC. ANNOUNCES PROPOSED SENIOR SECURED NOTES OFFERING.QVC INC - INTENTION TO OFFER $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES DUE 2027.QVC INC - NET PROCEEDS FROM OFFERING ARE EXPECTED TO BE USED TO REPAY A PORTION OF BORROWINGS OUTSTANDING UNDER QVC'S SENIOR SECURED CREDIT FACILITY.  Full Article

Qurate Retail Q2 Earnings Per Share $0.28
Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Qurate Retail Inc ::QURATE RETAIL, INC. REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.28.Q2 EARNINGS PER SHARE ESTIMATE $0.42 -- REFINITIV IBES DATA.QTRLY TOTAL REVENUE DECREASED 4% TO $3.1 BILLION.QTRLY ADJUSTED EARNINGS PER SHARE $0.48.Q2 EARNINGS PER SHARE VIEW $0.42, REVENUE VIEW $3.11 BILLION -- REFINITIV IBES DATA.  Full Article

Qurate Retail Inc - Mark Carleton Has Been Appointed Senior Advisor Of Co And Will No Longer Serve As CFO Of Co - SEC Filing
Saturday, 6 Jul 2019 

July 5 (Reuters) - Qurate Retail Inc ::QURATE RETAIL INC - MARK D. CARLETON HAS BEEN APPOINTED SENIOR ADVISOR OF CO AND WILL NO LONGER SERVE AS CFO OF CO - SEC FILING.QURATE RETAIL INC - BRIAN WENDLING ASSUMED ROLE OF PRINCIPAL FINANCIAL OFFICER OF COMPANY.  Full Article

Qurate Retail Q1 Earnings Per Share $0.13
Friday, 10 May 2019 

May 9 (Reuters) - Qurate Retail Inc ::QURATE RETAIL, INC. REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.35.Q1 EARNINGS PER SHARE $0.13.Q1 EARNINGS PER SHARE ESTIMATE $0.38 -- REFINITIV IBES DATA.QTRLY QURATE RETAIL REVENUE DECREASED 4% TO $3.1 BILLION.REALIZED TOTAL RUN-RATE COST SYNERGIES OF $67 MILLION TO-DATE THROUGH Q1.EXPECTS TO REALIZE TOTAL RUN-RATE COST SYNERGIES OF APPROXIMATELY $165 - $170 MILLION IN 2019.  Full Article

Qurate Retail Group To Cease Operations Of QVC France Effective March 13
Monday, 11 Mar 2019 

March 11 (Reuters) - Qurate Retail Inc ::QURATE RETAIL GROUP TO CEASE OPERATIONS OF QVC FRANCE EFFECTIVE MARCH 13, 2019.QURATE RETAIL INC - IN Q4 OF 2018, QURATE RETAIL RECOGNIZED CHARGES OF APPROXIMATELY $13 MILLION.QURATE RETAIL INC - ONE HUNDRED AND FIFTY-FOUR TEAM MEMBERS AT QVC FRANCE WILL BE IMPACTED BY CLOSURE.QURATE RETAIL INC - EXPECTS TO INCUR ADDITIONAL COSTS IN 2019.  Full Article

Qurate Retail Inc Reports Fourth Quarter And Year End 2018 Financial Results
Thursday, 28 Feb 2019 

Feb 27 (Reuters) - Qurate Retail Inc ::QURATE RETAIL, INC. REPORTS FOURTH QUARTER AND YEAR END 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.62.Q4 EARNINGS PER SHARE $0.61.Q4 EARNINGS PER SHARE ESTIMATE $0.73 -- REFINITIV IBES DATA.QTRLY REVENUE GREW 1% TO $4.4 BILLION.AMENDED QVC, INC. CREDIT FACILITY, INCREASING CAPACITY TO $3.65 BILLION AND EXTENDING MATURITY TO 2023.EXPECTS TO REALIZE INCREMENTAL EXPENSE SYNERGIES OF APPROXIMATELY $120 - $130 MILLION IN 2019.  Full Article

QVC Announces Refinancing Of Bank Credit Facility
Tuesday, 1 Jan 2019 

Dec 31 (Reuters) - Qurate Retail Inc ::QVC ANNOUNCES REFINANCING OF BANK CREDIT FACILITY.QURATE RETAIL INC - PROVIDES A LINE OF CREDIT OF UP TO $3.65 BILLION AND REPLACES QVC'S EXISTING $2.65 BILLION BANK CREDIT FACILITY.QURATE RETAIL - PROCEEDS FROM QVC'S NEW CREDIT FACILITY USED TO REPAY ALL OUTSTANDING DEBT UNDER $1 BILLION SENIOR SECURED CREDIT FACILITY OF HSN, INC.QURATE RETAIL INC - HSN INC'S CREDIT FACILITY WAS TERMINATED.  Full Article

Qurate Retail Announces New Digital Investments And Cost Synergies
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Qurate Retail Inc ::QURATE RETAIL ANNOUNCES NEW DIGITAL INVESTMENTS AND COST SYNERGIES.QURATE RETAIL INC - NOW EXPECTS TOTAL EFFICIENCIES TO APPROACH $400 MILLION BY 2022.QURATE RETAIL INC - FURTHER INCREASE IN EXPECTED COST SYNERGIES FROM HSNI ACQUISITION, BEYOND EXPECTATIONS ANNOUNCED IN OCTOBER.QURATE RETAIL - BELIEVES IT CAN REDUCE COST BY ANOTHER $50-$55 MILLION THROUGH A MAJOR NEW PROGRAM TO INCREASE MERCHANDISE SOURCING EFFECTIVENESS.  Full Article

Qurate Retail Announces Transition Of Improvements Brand To HSN
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Qurate Retail Inc ::QURATE RETAIL INC SAYS SOLUTION-BASED COMPANY IMPROVEMENTS WILL BE TRANSITIONED INTO HSN.QURATE RETAIL - IMPROVEMENTS WILL REMAIN A PART OF HSN, HOWEVER, THE COMPANY WILL CLOSE ITS CLEVELAND OPERATIONS OVER THE COMING MONTHS.  Full Article