NASDAQ$QVCAQ
QVC Group Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Qurate Retail's financial performance showed mixed results with revenue decline but adjusted OIBDA growth, driven by strategic improvements and portfolio optimization.
Qurate Retail reported a 4% decrease in revenue but a 46% increase in Adjusted OIBDA for Q4 2023. The company focused on merchandising, pricing strategy, and inventory management, leading to improved operational health and financial performance. Debt reduction and portfolio optimization, including the divestiture of Zulily, were key strategic moves.
- Qurate Retail revenue decreased by 4% in Q4.
- Adjusted OIBDA increased by 46% in Q4.
- Diluted EPS was reported at $(0.70) in Q4, while adjusted diluted EPS was $0.22.
- The company reduced debt by $956 million in 2023 and executed a redemption notice for QVC senior secured notes.
Headline financials
Revenue & EPS history
Qurate · Revenue · Quarterly
$3.14B
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
Qurate Retail anticipates continued momentum and improved results in 2024, building on the operational and financial gains made in 2023.
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 2023
-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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