Qurate Retail Group, Inc. (QRTEA) Tops Q2 EPS by 5c, Revenues Beat

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Go back to Qurate Retail Group, Inc. (QRTEA) Tops Q2 EPS by 5c, Revenues Beat

Qurate Retail, Inc. Reports Second Quarter 2020 Financial Results

August 10, 2020 4:05 PM EDT

Board of Directors Announces Intent to Declare Special Dividend of $1.50 Per Share and Preferred Stock Dividend of $3.00 Per Share

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB) today reported second quarter 2020 results (1).

We generated strong growth in revenue, OIBDA, and free cash flow in the second quarter, with every business unit and geographic market achieving meaningful sales gains and significant new customer additions, said Mike George, President and CEO of Qurate Retail. Our agile teams responded to the ongoing shifts in consumer needs during this challenging time to deliver engaging... More