Qurate Retail Group ( (QVCGA) ) has released its Q2 earnings. Here is a breakdown of the information Qurate Retail Group presented to its investors.
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Qurate Retail Group, operating under the QVC Group brand, is a leading player in the retail sector, specializing in televised home shopping and e-commerce. The company is known for its innovative approach to live shopping and its diverse product offerings across various categories.
In its second-quarter 2025 earnings report, QVC Group highlighted the challenges posed by the decline of linear television and volatile consumer confidence. Despite these hurdles, the company achieved a double-digit Adjusted OIBDA margin and made strides in its WIN strategy, particularly in expanding its social and streaming business revenue.
Key financial metrics for the quarter included a 7% decrease in total revenue in US dollars and a 9% decrease in constant currency. The company reported an operating loss of $2.3 billion, primarily due to a significant non-cash impairment charge. While QVC International saw a 3% revenue increase in US dollars, QxH and Cornerstone experienced declines of 11% and 8%, respectively. Adjusted OIBDA decreased by 18% in US dollars.
Despite the current financial setbacks, QVC Group remains optimistic about its long-term growth strategy. The management is confident that the ongoing initiatives and strategic adjustments will position the company favorably for the future of live shopping.