The earnings call highlighted significant challenges faced by QVC, including a notable decline in revenue and customer count, coupled with sourcing challenges due to tariffs. Although there were positive developments in streaming and social platforms, the adverse effects of macroeconomic factors and the structural decline in linear TV viewership have significantly impacted the company's performance.
Company Guidance
In the QVC Group's 2025 Q1 earnings call, the company provided guidance amidst a challenging macroeconomic environment, highlighting several key metrics. Total revenue declined by 10%, driven by a sharp decrease in linear TV viewership and weakened consumer confidence, while QVC International revenue fell by 4% in constant currency. The company also faced a 31% decline in consolidated adjusted OIBDA. Total customer count decreased by 10%, with existing, new, and reactivated customers reducing by 9%, 17%, and 13%, respectively. Despite these challenges, QVC reported growth in social and streaming engagement, with streaming monthly active users increasing by 131% and combined minutes watched on these platforms rising by 26%. The company is pursuing a $100 million OIBDA opportunity by examining spending and has implemented a strategic agreement with TikTok for a 24/7 live shopping experience. Additionally, QVC's most loyal customers continued to show strong purchasing behavior, with those buying 20 or more items annually spending an average of $3,975 over the past year.
Growth in Streaming and Social Platforms
Combined minutes watched on social and streaming platforms increased by 26% year-over-year to 1.4 billion minutes. Streaming monthly active users grew by 131%, and March recorded the largest non-holiday revenue month ever.
Partnership with TikTok
QVC signed a strategic agreement with TikTok for a 24/7 live shopping experience in the U.S., which is now live on TikTok. QVC is also working with over 85,000 creators and has thousands of items listed on TikTok.
Positive Customer Engagement Metrics
Existing customers purchased on average $1,635 and 32 items over the past 12 months, while the best customers spent $3,975 on average, up 1% year-over-year.
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QVC Group (QVCGA) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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QVCGA Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 07, 2025
$0.20
$0.14
-30.00%
Feb 27, 2025
$0.40
$0.33
-17.50%
Nov 07, 2024
$0.56
$0.48
-14.29%
Aug 08, 2024
$0.62
$0.65
+4.84%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does QVC Group (QVCGA) report earnings?
QVC Group (QVCGA) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is QVC Group (QVCGA) earnings time?
QVC Group (QVCGA) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.