Qurate Retail Group ( (QVCGA) ) has released its Q3 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 video and e-commerce retailing through its QVC and HSN brands, as well as its international and Cornerstone segments. The company is known for its unique blend of television and online shopping experiences.
In its third quarter of 2025, QVC Group reported a 6% decline in total revenue, reflecting challenges in its traditional linear television platform. Despite these challenges, the company saw growth in its social and streaming platforms, indicating a shift in consumer engagement. The company’s operating income fell by 61%, while adjusted OIBDA decreased by 32%, highlighting the financial pressures from tariffs and necessary investments.
Key financial metrics revealed a 7% revenue decline in the QxH segment due to fewer units shipped and lower shipping revenue, although there was a slight increase in the average selling price. QVC International experienced a 1% revenue decline in US dollars, with a more significant 5% drop in constant currency terms, attributed to lower average selling prices and shipping revenue. The Cornerstone segment also faced an 8% revenue decline, driven by reduced shipments in the home and apparel categories.
Looking ahead, QVC Group remains focused on its WIN growth strategy, aiming to stabilize revenue declines and leverage its growing digital platforms. The company is navigating through financial pressures with a strategic emphasis on adapting to changing consumer behaviors and market conditions.

