Welcome to our dedicated page for Qurate Retail news (Ticker: QRTEB), a resource for investors and traders seeking the latest updates and insights on Qurate Retail stock.
Qurate Retail, Inc. (NASDAQ: QRTEB) generates a steady flow of corporate and brand-related news tied to its role in video commerce and electronic shopping. As the parent company behind Qurate Retail Group, which includes QVC, HSN, Ballard Designs, Frontgate, Garnet Hill and Grandin Road, its announcements cover both capital markets developments and programming and merchandising updates across its portfolio.
Investors following QRTEB news can expect regular press releases on topics such as quarterly earnings release dates and related conference calls, preferred stock dividend declarations on the 8.0% Series A Cumulative Redeemable Preferred Stock, and changes to the company’s Nasdaq listing status. For example, the company has reported on the transfer of its securities, including QRTEB, from the Nasdaq Global Select Market to the Nasdaq Capital Market in connection with Nasdaq’s minimum bid price requirement.
Beyond corporate disclosures, Qurate Retail Group and its flagship brand QVC frequently announce new content initiatives, live event series and exclusive product launches. Recent examples include live travel and food programming, new beauty and wellness brand debuts, and exclusive home décor and holiday collections created in partnership with entrepreneurs, designers and media personalities. These announcements illustrate how the group uses live and on-demand video content to introduce products and engage shoppers across television, streaming and social platforms.
This news page for QRTEB aggregates such updates so readers can review company-level announcements alongside brand-specific programming and merchandising news connected to Qurate Retail Group. By checking this feed, users can see how Qurate Retail, Inc. communicates with investors and customers about its vCommerce strategy, brand portfolio and capital markets actions over time.
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QVC announces the launch of Encore by Idina Menzel, an apparel line designed for women, available in sizes XXS to 3X. The collection, priced from $39 to $100, aims to blend comfort and style for busy lifestyles. Items include versatile dresses, jumpsuits, and tops, all available exclusively at QVC starting May 18, 2022. Idina Menzel emphasized the importance of individuality in fashion, reflecting her personal ethos. The collaboration reinforces QVC's commitment to size-inclusive apparel, ensuring accessibility for a diverse audience.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has declared a quarterly cash dividend of $2.00 for its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on June 15, 2022, to stockholders of record as of May 31, 2022. Qurate Retail operates various well-known retail brands and is a leader in video commerce, reaching over 200 million homes globally through multiple platforms.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) will hold its virtual Annual Meeting of Stockholders on June 14, 2022, at 8:15 a.m. M.T. Stockholders of record as of April 18, 2022, will be able to participate by logging into the designated virtual meeting site. A Q&A session will follow a related Liberty TripAdvisor Holdings meeting at 8:45 a.m. M.T. Questions must be submitted in advance by June 7, 2022. Qurate Retail is a leading video commerce company, reaching over 200 million homes globally through various platforms.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced that Executive Chairman Greg Maffei will present at the MoffettNathanson Media & Communications Summit on May 19 at 11:00 a.m. E.T. in New York City. Maffei's presentation will cover the company's financial performance and outlook. The event will be livestreamed, and interested parties can register through the Qurate Retail website. An archived version of the webcast will be available for 180 days post-event.
Qurate Retail reported a significant 14% decline in revenue to $2.9 billion for Q1 2022, attributed to supply chain disruptions and depressed consumer sentiment due to inflation and geopolitical tensions. The adjusted diluted EPS stood at $0.15. Notably, Zulily's revenue plunged 38%, while Cornerstone achieved a 19% revenue increase. The company is undergoing a restructuring to stabilize its U.S. vCommerce business and enhance streaming operations, yet it anticipates ongoing operational disruptions from a recent fire at its Rocky Mount fulfillment center.
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Qurate Retail, Inc. will host a conference call on May 6, 2022, at 8:30 a.m. E.T. to discuss its Q1 2022 results and financial outlook. A press release detailing these results will be issued before market open on the same day. Participants can join via GlobalMeet at (800) 458-4121 or online through Qurate's investor website. The call will also be archived for later access. As a leading company in video commerce, Qurate Retail reaches over 200 million homes globally.
Frontgate and House Beautiful announce the launch of The Eberly Collection, their first co-designed outdoor furniture line. Available from March 30, 2022, this collection features a range of products including deep seating sets, coffee tables, benches, and a bar cart, designed for modern outdoor entertaining. Each piece is made with Sunbrella fabrics and comes with a 10-year warranty. According to Carisha Swanson from House Beautiful, the collection aims to enhance outdoor socializing experiences, especially in light of changing consumer preferences during the pandemic.
On March 21, 2022, Zulily announced the launch of its 12-week Mother's Day Shop, running from March 10 to May 31. This online platform features gifts for mothers and promotes self-care for them. A survey of 1,000 Millennial moms reveals that 65% partake in their own Mother's Day plans, and 16% look forward to being celebrated as a family. Key findings include that 72% feel supported by online communities, and 78% prefer surprise gifts. The Mother's Day Shop includes various gifting themes and will host a sweepstakes with $10,000 in prizes starting April 28.