Qurate Retail, Inc. Declares Quarterly Cash Dividend on 8.0% Series A Cumulative Redeemable Preferred Stock |
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. Declares Quarterly Cash Dividend on 8.0% Series A Cumulative Redeemable Preferred Stock. |
businesswire.com |
2025-02-14 18:15:00 |
Czytaj oryginał (ang.) |
Qurate Retail: I Am Buying The Heavily Discounted Preferreds |
Qurate Retail's preferreds are trading lower and now offer a 21.8% yield on cost on the back of their $8 per share annual coupon. I'm picking these up for 37 cents on the dollar in exchange for moderate credit risk against positive free cash flow and long-term debt that's been declining. The retail group is pivoting to online streaming and social media platforms with a full rebrand to QVC set to take place in the first quarter of 2025. |
seekingalpha.com |
2025-01-27 15:56:25 |
Czytaj oryginał (ang.) |
New Year, New Brands to Discover at QVC |
Love Wellness, No Makeup Makeup, and Gatineau Skincare join the beauty and wellness assortment at QVC WEST CHESTER, Pa. , Jan. 15, 2025 /PRNewswire/ -- QVC® , a world leader in live shoppable entertainment, today announced a lineup of new beauty and wellness brands including Love Wellness, No Makeup Makeup® , and Gatineau Skincare premiering on-air and on QVC.com this month. |
prnewswire.com |
2025-01-15 15:19:00 |
Czytaj oryginał (ang.) |
Entrepreneur and Designer Dee Ocleppo Hilfiger Launches Exclusive Collection with QVC |
Bring true designer touches into your own home with the Mrs. H collection WEST CHESTER, Pa. |
prnewswire.com |
2024-11-26 11:00:00 |
Czytaj oryginał (ang.) |
Qurate Retail: Opportune Time For Company To Buy Back Stock? |
Despite the recent stock price decline, Qurate Retail remains financially strong with $873 million in cash and a $1.8 billion credit availability, focusing on debt reduction and strategic growth. CEO David Rawlinson emphasizes disciplined cost management, maintaining gross margins, and proactive balance sheet management amid challenging macroeconomic conditions and declining sales. Qurate Retail plans to leverage social media and streaming for a $1.5 billion revenue run-rate in three years, maintaining double-digit OIBDA margins and 2.5x leverage. |
seekingalpha.com |
2024-11-22 16:01:02 |
Czytaj oryginał (ang.) |
Qurate Retail: Preferreds At 40 Cents On The Dollar, 20% Dividend Yield Are A Strong Buy |
I'm buying Qurate Retail's 8.0% Series A Cumulative Preferred Stock at a 60% discount to their liquidation value and with a 20% yield on cost. The current discount is expected to close as Qurate's deleveraging, free cash flow, and Fed rate cuts improve market sentiment. Preferreds are down despite favorable Fed rate cuts, with redemption obligations by 2031, suggesting an undervalued opportunity. |
seekingalpha.com |
2024-11-10 17:07:10 |
Czytaj oryginał (ang.) |
Qurate Retail, Inc. (QRTEA) Q3 2024 Earnings Call Transcript |
Qurate Retail, Inc. (NASDAQ:QRTEA ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Shane Kleinstein - SVP, Investor Relations David Rawlinson - President and Chief Executive Officer Bill Wafford - Chief Administrative Officer and CFO Gregory Maffei - Executive Chairman Ben Oren - Executive Vice President and Treasurer Conference Call Participants William Reuter - Bank of America Carla Casella – JPMorgan Jenna Giannelli - Morgan Stanley Karru Martinson - Jefferies Hale Holden - Barclays Operator Welcome to the Qurate Retail Inc. 2024 Q3 Earnings Call. During the presentation, all participants will be in a listen-only mode. |
seekingalpha.com |
2024-11-07 12:49:35 |
Czytaj oryginał (ang.) |
Unwind from the Crazy and Get into the Holiday Spirit with QVC |
QVC Announces Lineup for the Weekend Holiday Marathon Filled with Deals, Exclusive Items, Entertainment and Celebrities WEST CHESTER, Pa. , Oct. 31, 2024 /PRNewswire/ -- Get in the holiday spirit and have a stress-free weekend by turning to QVC Friday, November 1 starting at 8 p.m. |
prnewswire.com |
2024-10-31 17:52:00 |
Czytaj oryginał (ang.) |
Qurate Retail: Operational Turnaround And Balance Sheet Flexibility Set To Boost Share Price |
Qurate Retail is transitioning from cable TV to e-commerce, with e-commerce now constituting the majority of sales, improving margins and cash flow. Despite sales declines, operational turnaround efforts under Project Athens have stabilized revenue, grown OIBDA, and are expected to generate $400 million in free cash flow for 2024. The company faces significant debt challenges but is making progress with creative refinancing and debt reduction strategies, enhancing financial flexibility. |
seekingalpha.com |
2024-10-14 10:36:33 |
Czytaj oryginał (ang.) |
QVC AND USA PICKLEBALL RALLY TOGETHER FOR A MULTI-YEAR PARTNERSHIP |
Viewers will be able to livestream the 2024 USA Pickleball National Championships exclusively on QVC+ and shop curated products on QVC.com WEST CHESTER, Pa. , Oct. 3, 2024 /PRNewswire/ -- QVC® , a world leader in live shoppable entertainment, and USA Pickleball, the National Governing Body of the sport of pickleball, today announced they are rallying together on a multi-year partnership. |
prnewswire.com |
2024-10-03 13:00:00 |
Czytaj oryginał (ang.) |
Qurate Retail: Value Stock In Retail's Forgotten Corner |
Qurate Retail, Inc. offers a high-risk, high-reward opportunity, trading at a forward P/E ratio of 0.5x, with signs of revenue stabilization and positive cash flows. Despite past GAAP losses due to non-cash impairments, Qurate's core business remains profitable, generating positive adjusted net income and free cash flow. The company's debt is manageable, with leverage ratios stabilizing, and interest expenses covered by adjusted EBITDA and operating cash flow. |
seekingalpha.com |
2024-09-17 19:08:12 |
Czytaj oryginał (ang.) |
Qurate Retail Announces Semi-Annual Interest Payment and Regular Additional Distribution on 3.75% Senior Exchangeable Debentures Due 2030 |
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of August 1, 2024 of the 3.75% Senior Exchangeable Debentures due 2030 (the “Debentures”) issued by its wholly-owned subsidiary, Liberty Interactive LLC (“LI LLC”). The semi-annual interest payment amount is $18.75 per $1,000 original principal amount of Debentures, and the amoun. |
businesswire.com |
2024-08-15 20:15:00 |
Czytaj oryginał (ang.) |
Qurate Retail, Inc. (QRTEA) Q2 2024 Earnings Call Transcript |
Qurate Retail, Inc. (NASDAQ:QRTEA ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Claire Adams - Senior Manager, Investor Relations David Rawlinson - President and Chief Executive Officer Bill Wafford - Chief Administrative Officer and CFO Greg Maffei - Executive Chairman Ben Oren - Executive Vice President and Treasurer Conference Call Participants Karru Martinson - Jefferies Company Carla Casella - JPMorgan Hale Holden - Barclays Operator Ladies and gentlemen, welcome to the Qurate Retail Inc. 2024 Q2 Earnings Call. During the presentation, all participants will be in a listen-only mode. |
seekingalpha.com |
2024-08-08 16:59:02 |
Czytaj oryginał (ang.) |
Inclusive Sun Care Line, Cay Skin, Debuts on QVC |
Winnie Harlow to premiere the suncare line that puts skin first live on QVC WEST CHESTER, Pa. , July 12, 2024 /PRNewswire/ -- QVC® , world leader in live shoppable entertainment announced today it has launched Cay Skin. |
prnewswire.com |
2024-07-12 13:00:00 |
Czytaj oryginał (ang.) |
Qurate Retail, Inc. Announces Second Quarter Earnings Release and Conference Call |
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. Announces Second Quarter Earnings Release and Conference Call. |
businesswire.com |
2024-07-11 12:15:00 |
Czytaj oryginał (ang.) |
Qurate Retail Group Launches 'The Big Dish' on The Roku Channel |
The vCommerce leader's FAST channel brings culinary-focused programming to The Roku Channel, a leader in FAST WEST CHESTER, Pa. , April 24, 2024 /PRNewswire/ -- Qurate Retail GroupSM, a world leader in video commerce ("vCommerce"), which includes video-driven shopping across linear TV, ecommerce sites, digital streaming and social platforms, today announced the launch of its FAST channel, "The Big Dish," on The Roku Channel, a leader in free, ad-supported streaming TV (FAST) reaching U.S. households with an estimated 120 million people (as of Q4 2023). |
prnewswire.com |
2024-04-24 13:00:00 |
Czytaj oryginał (ang.) |
QVC DEFINES A NEW AGE OF POSSIBILITY CHAMPIONING WOMEN 50 AND OVER TO LIVE THEIR BEST LIVES |
The shopping entertainment destination introduces its first-ever Quintessential 50 (Q50) comprised of 50 authentic and inspiring female celebrities, activists, business leaders and lifestyle experts who exemplify the possibilities of life over 50. Members of the Q50 include Christina Applegate, Patti LaBelle, Rita Wilson, Naomi Watts, Martha Stewart, Queen Latifah and many more; Age of Possibility campaign to kick off April 24 with Summit in Las Vegas. |
prnewswire.com |
2024-04-16 16:55:00 |
Czytaj oryginał (ang.) |
Qurate Retail Group Promotes Bill Wafford to Chief Administrative Officer |
Wafford remains Chief Financial Officer with additional oversight of Business Transformation and People & Organizational Strategy to support growth strategies. WEST CHESTER, Pa. |
prnewswire.com |
2024-04-10 13:10:00 |
Czytaj oryginał (ang.) |
Prospects For TV Shopping Look Dim. Qurate's QVC And HSN See Differently. |
The traditional business of TV shopping is at an inflection point as it competes with other retailers for consumers' discretionary spending and the entertainment industry for their attention. Cracks in the traditional TV shopping business model are beginning to show. |
forbes.com |
2024-04-05 17:28:39 |
Czytaj oryginał (ang.) |
Qurate Retail: Signs Of A Turnaround |
Qurate Retail's situation has improved thanks to operational improvements, the divestiture of an unprofitable division, and careful cash management. QRTEA's debt obligations look more manageable than they did a year ago. I'm not convinced that the company's turnaround is complete, but I'm optimistic enough to make Qurate a full position in my portfolio. |
seekingalpha.com |
2024-03-18 01:50:00 |
Czytaj oryginał (ang.) |
NYDJ Launches First Wheelchair-Fit Denim Jean with QVC |
The popular denim brand will launch an adaptive wheelchair-fit option of the bestselling Marilyn Straight jean, exclusively with QVC WEST CHESTER, Pa. , March 15, 2024 /PRNewswire/ -- QVC® , world leader in live video commerce ("vCommerce"), announced today that it has collaborated with NYDJ to launch the brand's first wheelchair-fit design jean, exclusively for QVC. |
prnewswire.com |
2024-03-15 12:00:00 |
Czytaj oryginał (ang.) |
Stacy Bowe Appointed President of Multiplatform Video Commerce Retailer HSN |
Former QVC Chief Merchandising Officer with more than 25 years of extensive retail experience in multichannel and omnichannel to drive brand differentiation for HSN WEST CHESTER, Pa. , Feb. 27, 2024 /PRNewswire/ -- Qurate Retail Group SM, part of Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP), today announced the appointment of Stacy Bowe to President, HSN. |
prnewswire.com |
2024-02-27 18:30:00 |
Czytaj oryginał (ang.) |
MacKenzie-Childs Brings Iconic Collections to QVC for an Engaging Shopping Experience on the Leading Video Commerce Platform |
The heritage brand unveils its playful décor and accessories to a new audience of shoppers alongside the launch of its latest collection AURORA, N.Y. , Feb. 21, 2024 /PRNewswire/ -- The artisan-driven, American-heritage home décor brand, MacKenzie-Childs, announces its debut with QVC, a world leader in live video commerce, delivering a new way to explore the iconic brand through a curated, interactive shopping experience. |
prnewswire.com |
2024-02-21 11:05:00 |
Czytaj oryginał (ang.) |