Qurate Retail Stock Price, News & Analysis

Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) will hold a conference call on August 5, 2022, at 8:30 a.m. E.T. to discuss its second-quarter results. The earnings report will be released before market opening on the same day. Participants can access the call by dialing GlobalMeet at (800) 458-4121 or +1 (323) 794-2093, with the passcode 8858509. The call will also be streamed live on Qurate's website, offering insights into its financial performance and future outlook. Relevant links and replays will be provided post-call.

Zulily has launched its annual Back-to-School Shop featuring discounts of up to 70% on a curated selection of national brands and unique finds. Families are projected to increase spending to $1,248 this year, up from $849 last year amid high inflation. To alleviate inflation impacts, Zulily will offer additional discounts every Friday starting July 8 through August 26. The campaign includes a collaboration with Catherine Giudici Lowe, who shares essential back-to-school must-haves for families.

Zulily announces its annual Wow Week event starting June 20 and running until June 26, offering significant discounts on popular brands like Dyson, Birkenstock, and Melissa & Doug. The shopping week aims to provide moms with the best prices of the season on various products, including clothing and home goods. The event features unique daily deals and free shipping on refurbished Dyson products. Zulily emphasizes its commitment to delivering value and savings, enhancing the shopping experience for its customers.

QVC has launched an exclusive size-inclusive capsule collection called Form & Line, designed by Universal Standard. This collection features six premium wardrobe staples, available in sizes 00-40, emphasizing exceptional fit and quality. Items include Knit Short Sleeve Tee, Ponte Pencil Skirt, and more, priced between $44 and $88. QVC continues its commitment to providing equal pricing for all sizes and aims to enhance the shopping experience for customers of diverse body types.

On June 15, 2022, QVC, Inc. announced the expiration of its cash tender offer for its 4.375% Senior Secured Notes due 2023. Approximately $535.34 million, or 71.38%, of the notes were validly tendered by the expiration time. All tendered notes will be accepted for payment, with settlements expected to occur on June 21, 2022. The firm stressed that the press release is for informational purposes and does not constitute an offer or solicitation to purchase any securities. Risks related to the buyback are outlined in publicly available documents.

QVC, Inc. has announced a cash tender offer to purchase up to $750 million of its 4.375% Senior Secured Notes due 2023. The offer, commencing June 9, 2022, will expire on June 15, 2022, with cash consideration of $1,010 per $1,000 principal amount of the notes. As of March 31, 2022, QVC reported $2.48 billion available under its senior secured credit facility and $522 million in cash. The offer is contingent upon certain conditions but is not dependent on a minimum tender amount. For further inquiries, BofA Securities and J.P. Morgan Securities are the Joint Dealer Managers.

Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced an upcoming Investor Event on June 27, 2022, at 9:30 am E.T., to be held virtually. CEO David Rawlinson will present insights into the company's financial performance and future outlook. The event will also feature a Q&A segment for attendees to engage directly. Registration details are available on the company’s website. A recorded archive of the webcast will be accessible following necessary SEC filings. Qurate Retail is recognized for its significant role in video commerce, serving over 200 million homes globally across multiple platforms.

HSN has announced the launch of Emryn House, its 14th private label brand focused on vintage farmhouse décor with modern elements. This new home collection caters to the 40% of HSN customers who prefer this style. The brand, developed by HSN's in-house design team, includes a range of products such as bedding, decorative items, and furniture, priced between $39.95 and $229.95. HSN plans to expand its private label portfolio further by introducing additional home brands later this year.