The earnings call reflects both significant achievements in cost-cutting, social and streaming growth, and debt reduction, alongside challenges including revenue decline, decreased customer count, and impairment charges. Efforts to diversify sourcing and tackle tariff impacts show proactive management, while the suspension of dividends and revenue drops highlight existing pressures.

Company Guidance

During QVC Group's Second Quarter 2025 Earnings Call, the company provided guidance on various metrics, highlighting their strategic initiatives and financial performance. The call, led by key executives including CEO David Rawlinson and CFO Bill Wafford, emphasized the challenges faced in a difficult macroeconomic environment, with total revenue declining by 9% in constant currency and QxH revenue falling by 11%. However, the company reported growth in social and streaming channels, with social and streaming revenue experiencing over 30% growth compared to Q2 2024, and streaming monthly active users growing over 80% to nearly 1.5 million users. They also noted a significant increase in new customers through platforms like TikTok, with over 100,000 new customers acquired in the quarter. Efforts to diversify sourcing and reduce tariff impacts were discussed, with a target for no single country to represent more than one-third of sourced goods in the U.S. by year-end. The adjusted OIBDA margin contracted 165 basis points, with operating expenses decreasing by 13%. QVC Group also highlighted their focus on strengthening their capital structure, having reduced net debt by over $1.5 billion since the end of 2021, and addressed the suspension of their quarterly dividend for preferred stockholders to preserve cash and enhance long-term value.

Cost-Cutting and Operational Milestones

QVC Group successfully transitioned HSN's operations to Studio Park in Westchester, Pennsylvania, consolidating 5 U.S. TV channels under one roof, leading to cost reductions and advancing their WIN growth strategy.

Growth in Social and Streaming Platforms

Social and streaming revenue experienced over 30% growth versus Q2 of 2024, with new social customers growing by over 100,000 through TikTok Shop alone.

Successful Strategic Sourcing Diversification

QVC Group continued to diversify sourcing to reduce dependence on single-country tariffs, targeting no single country representing more than 1/3 of sourced goods in the U.S. by year-end.

Improved Customer Engagement

Streaming monthly active users grew over 80% to nearly 1.5 million users, with streaming minutes watched growing 25% in the quarter.

Significant Debt Reduction

QVC Group reduced net debt by over $1.5 billion since the end of 2021, enhancing financial flexibility.

QVC Group (QVCGB) 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

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QVCGB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 31, 2025	2025 (Q3)	- / -	-0.058	―	―	―
Aug 07, 2025	2025 (Q2)	- / -275.41	2.526	-11002.97% (-277.94)
May 07, 2025	2025 (Q1)	- / -12.50	-0.127	-9742.52% (-12.37)
Feb 27, 2025	2024 (Q4)	- / -165.02	-35	-371.48% (-130.02)
Nov 07, 2024	2024 (Q3)	- / -2.90	0	―
Aug 08, 2024	2024 (Q2)	- / 2.53	14	-81.96% (-11.47)
May 08, 2024	2024 (Q1)	- / -0.13	2.5	-105.08% (-2.63)
Feb 28, 2024	2023 (Q4)	6.50 / -35.00	-2.5	-1300.00% (-32.50)
Nov 03, 2023	2023 (Q3)	2.00 / 0.00	-360.5	―
Aug 04, 2023	2023 (Q2)	7.50 / 14.00	26.5	-47.17% (-12.50)

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

QVCGB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$32.50	$32.50	0.00%
May 07, 2025	$345.50	$321.50	-6.95%
Feb 27, 2025	$425.00	$499.50	+17.53%
Nov 07, 2024	$152.50	$159.00	+4.26%

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.

FAQ

When does QVC Group (QVCGB) report earnings?

QVC Group (QVCGB) is schdueled to report earning on Oct 31, 2025, Before Open (Confirmed).

What is QVC Group (QVCGB) earnings time?

QVC Group (QVCGB) earnings time is at Oct 31, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is QVCGB EPS forecast?

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