Qurate Retail Group, Inc. (QRTEA) Tops Q2 EPS by 4c

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Qurate Retail, Inc. Reports Second Quarter 2021 Financial Results

August 6, 2021 7:00 AM EDT

Company Sustains Revenue, Operating Income, and Adjusted OIBDA Growth Over Strong 2020 Performance

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB, QRTEP) today reported second quarter 2021 results (1).

We are delighted to report sustained year-over-year revenue, operating income and adjusted OIBDA growth following our strong performance in 2020, said Mike George, CEO of Qurate Retail. The quarter played out largely as we expected, with our businesses responding effectively to customers evolving needs while managing continued supply chain headwinds and a tight labor market. We delivered strong increases in apparel and accessories and... More