Latest news about Qurate Retail
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Qurate Retail Inc. reported a 5% revenue decrease to $2.344 billion in Q3 2024, with operating income of $152 million and a 12% drop in adjusted OIBDA to $250 million. The company maintained gross margins, reduced operating expenses, and tendered 89% of QVC’s 2027 and 2028 notes, improving its credit profile[1][5].
Qurate Retail transferred its securities listing from the Nasdaq Global Select Market to the Nasdaq Capital Market effective December 2, 2024, due to non-compliance with the minimum bid price requirement. The company must meet the $1.00 minimum bid price by December 9, 2024, or potentially implement a reverse stock split[1][4].
Qurate Retail Group announced a new growth strategy, rebranding to 'QVC Group' in Q1 2025, focusing on live social shopping. The company aims to generate over $1.5 billion in run-rate revenue from streaming and social within three years, while maintaining double-digit adjusted OIBDA margins, building on the success of its Project Athens initiative[1][2][3].
Open job positions at Qurate Retail
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.