Qurate Retail Group, Inc. (QRTEA) Tops Q2 EPS by 6c
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Qurate Retail, Inc. Reports Second Quarter 2019 Financial Results
August 7, 2019 4:30 PM EDTENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB) today reported second quarter 2019 results. Headlines include(1):
Operating results:
Qurate Retail total revenue decreased 4% to $3.1 billion Revenue decreased 3% in constant currency(2) eCommerce revenue comprised $1.8 billion or 59% of total revenue Qurate Retail reported $0.28 diluted EPS; $0.48 adjusted diluted EPS(3) QxH revenue decreased 1% to $1.9 billion QVC International revenue decreased 2% to $640 million Revenue increased 1% in constant currency Zulily revenue decreased 13% to $363 million Cornerstone revenue... More