NASDAQ$QVCAQ
QVC Group Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Qurate Retail's financial performance showed signs of turnaround with expanded gross margins and increased Adjusted OIBDA.
Qurate Retail reported a decrease in revenue but demonstrated improved profitability and cash flow in Q1 2024. The company saw growth in Adjusted OIBDA and free cash flow, driven by cost reductions and improved product margins. Key initiatives like the Age of Possibility campaign were launched to engage their core customer base.
- Qurate Retail revenue decreased by 4% in both US Dollars and constant currency.
- Adjusted OIBDA grew 25% in constant currency.
- Diluted EPS was reported at $0.00, with adjusted diluted EPS at $0.04.
- The company repaid $423 million of QVC's senior secured notes due April 2024.
Headline financials
Revenue & EPS history
Qurate · Revenue · Quarterly
$2.34B
Revenue by segment
Qurate · $1.96B total across 3 segments · Q1 2026
- QxH$1.23B—62.9%
- QVC International$538M—27.5%
- Cornerstone Brands$188M—9.6%
Forward guidance
No specific forward guidance was provided in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-1.7%
Avg return
Earnings day
-4.1%
Avg return
5 days after
-2.9%
Avg return
30 days after
42%
27 / 64 earnings
Positive
+59.2%
Q3 2023
Best reaction
-39.5%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.5% | +5.0% | -30.0% | |
| Q3 2025 | -39.5% | -37.7% | -9.6% | |
| Q2 2025 | +6.6% | +29.1% | +181.4% | |
| Q1 2025 | -17.4% | -41.7% | -73.5% | |
| Q4 2024 | -16.6% | -32.5% | -50.0% | |
| Q3 2024 | -19.6% | -17.9% | -32.1% | |
| Q2 2024 | +3.2% | +1.6% | -19.4% | |
| Q1 2024 | -14.5% | -8.8% | -19.8% | |
| Q4 2023 | +0.7% | -6.4% | -12.1% | |
| Q3 2023 | +59.2% | +46.5% | +111.6% | |
| Q2 2023 | -1.6% | -6.4% | -17.0% | |
| Q1 2023 | +56.8% | +59.2% | +42.3% | |
| Q4 2022 | -24.6% | -33.6% | -53.1% | |
| Q3 2022 | -19.5% | -27.4% | +3.5% | |
| Q2 2022 | +21.3% | +18.4% | -8.6% | |
| Q1 2022 | -14.6% | -21.3% | -14.8% | |
| Q4 2021 | -9.2% | -10.9% | -17.3% | |
| Q3 2021 | -14.8% | -10.7% | -29.7% | |
| Q2 2021 | -6.3% | -4.7% | -8.5% | |
| Q1 2021 | +18.6% | +9.5% | +10.9% | |
| Q4 2020 | -3.0% | -1.8% | -1.1% | |
| Q3 2020 | +14.1% | +6.3% | +46.8% | |
| Q2 2020 | -7.4% | -8.8% | -10.4% | |
| Q1 2020 | -7.8% | -4.6% | +13.5% | |
| Q4 2019 | -28.8% | -8.2% | -11.0% | |
| Q3 2019 | +11.1% | +9.6% | -11.9% | |
| Q2 2019 | +2.6% | -4.4% | -15.9% | |
| Q1 2019 | -28.7% | -25.5% | -24.0% | |
| Q4 2018 | -17.9% | -16.1% | -27.1% | |
| Q3 2018 | +2.9% | -1.0% | -9.8% | |
| Q2 2018 | +5.1% | +1.4% | -5.0% | |
| Q1 2018 | -10.3% | -10.8% | -12.6% | |
| Q4 2017 | -7.6% | -4.2% | -12.8% | |
| Q3 2017 | +11.0% | +10.2% | +15.1% | |
| Q2 2017 | -5.8% | -6.7% | -7.3% | |
| Q1 2017 | +13.0% | +11.3% | +11.8% | |
| Q4 2016 | -4.7% | -5.5% | -0.3% | |
| Q3 2016 | +10.7% | +9.2% | +14.2% | |
| Q2 2016 | -18.7% | -19.8% | -19.2% | |
| Q1 2016 | +2.3% | — | — | |
| Q4 2015 | -3.3% | — | — | |
| Q3 2015 | -3.2% | — | — | |
| Q2 2015 | +3.7% | — | — | |
| Q1 2015 | -5.8% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +8.1% | — | — | |
| Q2 2014 | -3.6% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -2.8% | — | — | |
| Q3 2013 | +1.6% | — | — | |
| Q2 2013 | -7.1% | — | — | |
| Q1 2013 | +5.8% | — | — | |
| Q4 2012 | +1.3% | — | — | |
| Q3 2012 | -2.1% | — | — | |
| Q2 2012 | -3.6% | — | — | |
| Q1 2012 | -0.5% | — | — | |
| Q4 2011 | +2.3% | — | — | |
| Q3 2011 | -6.0% | — | — | |
| Q2 2011 | +10.2% | — | — | |
| Q1 2011 | +5.0% | — | — | |
| Q4 2010 | -4.9% | — | — | |
| Q3 2010 | +2.5% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q1 2010 | -5.1% | — | — |
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