NASDAQ$QVCAQ

QVC Group Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Qurate Retail's Q4 2019 results reflected a decrease in total revenue and operating income, driven by challenges within QxH and Zulily, but were partially offset by growth in QVC International.

Qurate Retail reported a 5% decrease in revenue to $4.2 billion and a 34% decrease in operating income to $287 million in Q4 2019. EPS was $0.34 and adjusted EPS was $0.68. Revenue declines were noted across most segments, with QVC International showing a slight increase.

  • Total Qurate Retail revenue decreased by 5% to $4.2 billion.
  • Qurate Retail reported diluted EPS of $0.34 and adjusted diluted EPS of $0.68.
  • QxH revenue decreased by 3%, while QVC International revenue increased by 1%.
  • Zulily revenue experienced a significant decrease of 18%.

Headline financials

Total Revenue

$4.17B

Previous: $4.38B-4.6%
EPS (adj)

$0.68

Previous: $0.62+9.7%
eCommerce Revenue

$2.6B

Previous: $1.65B+58.1%
Net Income

$141M

Previous: $273M-48.4%
Operating Income

$287M

Previous: $435M-34.0%
Gross Profit

$1.32B

Previous: $1.42B-7.0%
Cash & Equivalents

$673M

Previous: $653M+3.1%
Total Assets

$17.3B

Previous: $17.8B-3.0%

Revenue & EPS history

Qurate · Revenue · Quarterly

$4.17B

Q4 2019-4.6%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Qurate · $4.17B total across 4 segments · Q4 2019

  • QxH
    $2.69B-3.5%
  • QVC International
    $775M+1.2%
  • Zulily
    $452M-18.0%
  • Cornerstone Brands
    $254M-6.3%

Forward guidance

Qurate Retail did not provide specific forward guidance in this earnings report. The company is focused on accelerating its strategic priorities to return to profitable growth.

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 Q4 2019

Historical avgQ4 2019

-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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro