Qurate Retail Group, Inc. (QRTEA) Misses Q2 EPS by 1c, Revenues Miss

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Go back to Qurate Retail Group, Inc. (QRTEA) Misses Q2 EPS by 1c, Revenues Miss

Qurate Retail, Inc. Reports Second Quarter 2018 Financial Results

August 8, 2018 8:15 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB) today reported second quarter 2018 results. Highlights include(1):

Second quarter operating results:

Qurate Retail revenue of $3.2 billion Qurate Retail eCommerce revenue of $1.9 billion Qurate Retail reported EPS of $0.40 and adjusted EPS(2) of $0.45 QVC US revenue up 4% as reported, up 2% on a comparative basis excluding impact of new accounting standards regarding credit card income Total QVC mobile penetration was 66% of QVC.com orders, a 320 basis... More