Qurate Retail Group, Inc. (QRTEA) Tops Q4 EPS by 2c, Revenues Beat
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Qurate Retail, Inc. Reports Fourth Quarter and Year End 2019 Financial Results
February 25, 2020 4:30 PM ESTENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB) today reported fourth quarter and year end 2019 results. Headlines include (1):
Fourth quarter and full year 2019 operating results:
Total Qurate Retail revenue decreased 5% to $4.2 billion in Q4 and 4% to $13.5 billion in full year 2019 Revenue decreased 5% in Q4 and 4% in full year 2019 in constant currency(2) eCommerce revenue of $2.6 billion or 62% of total revenue in Q4 and $8.0 billion or 60% of total revenue in full year 2019 Qurate Retail reported diluted EPS of $0.34 in Q4 and $(1.08) in... More