Qurate Retail Group, Inc. (QRTEA) Misses Q1 EPS by 3c, Revenues Beat

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Go back to Qurate Retail Group, Inc. (QRTEA) Misses Q1 EPS by 3c, Revenues Beat

Qurate Retail, Inc. Reports First Quarter 2020 Financial Results

May 6, 2020 4:15 PM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB) today reported first quarter 2020 results and announced the steps it is taking to mitigate the impact of COVID-19 on team members, business partners and the local communities in which it operates(1).

We remain open for business thanks to the dedication and resilience of our 25,000 team members, and we are seeing encouraging increases in sales and new customers at the start of the second quarter, said Mike George, President and CEO of Qurate Retail. "We experienced significant margin impact from COVID-19 in the first quarter and... More