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.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has announced that Executive Chairman Greg Maffei will present at the Deutsche Bank Media, Internet and Telecom Conference on March 8th at 4:00 p.m. E.S.T. Maffei is expected to discuss the company’s financial performance and future outlook. Interested parties can watch the live presentation on the Qurate Retail website, which will also host an archived version for 180 days following the event. Qurate Retail operates QVC, Zulily, and Cornerstone Brands, alongside investments in green energy.
Qurate Retail reported strong Q4 and full year 2020 results, with total revenues of $4.5 billion in Q4 and $14.2 billion for the year, marking increases of 7% and 5% respectively. eCommerce revenue surged 12% in Q4, contributing 65% of total revenue. Diluted EPS reached $1.56 in Q4 and $2.86 for the year. The company returned approximately $1.4 billion to shareholders through dividends and share repurchases. Notably, operating income saw a substantial rise, reflecting effective strategies amid changing market dynamics.
Qurate Retail announced that Greg Maffei, Executive Chairman, will present at the Morgan Stanley Technology, Media and Telecom Conference on March 1 at 4:15 p.m. E.S.T. His presentation may cover the company's financial performance and future outlook. Interested individuals can watch the live broadcast on the Qurate Retail website, with an archive available for 180 days post-event. Qurate Retail, operating various digital commerce businesses, includes entities like QVC and Zulily.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has announced a cash dividend of $2.00 per share for its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on March 15, 2021 to stockholders of record as of March 1, 2021. Qurate Retail operates a diverse range of digital commerce businesses, including QVC and Zulily, among others, and holds interests in renewable energy.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has announced the payment of a semi-annual interest payment of $18.75 per $1,000 principal for its 3.75% Senior Exchangeable Debentures due 2030, along with a regular additional distribution of $0.28730 per Debenture. These payments are scheduled for February 16, 2021, for holders of record as of February 1, 2021. The adjusted principal amount of the Debentures will not affect the interest payments. This is the first additional distribution since an Extraordinary Additional Distribution was made in 2013.
HSN, a leading video commerce retailer, is set to launch its inaugural Discovery Days event from February 19, 2021, offering discounts of up to 30% on national and private label brands. The 10-day event will feature popular items, including the Dyson Cyclone V10 Vacuum and Nutribullet Pro Blender, with special promotions like free shipping on February 20. The event also highlights a new beauty show, Shades of Beautiful, focusing on inclusive brands. Customers can enjoy additional savings through Flex Pay and HSN Credit Card perks.
Qurate Retail Group, through QVC and HSN, will introduce over 90 emerging brands in 2021, focusing on diversity with two-thirds being women-owned or minority-owned. This initiative, part of 'The Big Find', aims to showcase entrepreneurs through livestream shopping, responding to consumer demand especially in home décor and culinary categories during the pandemic. Launches include brands like Pili Ani and 54 Thrones by March. QVC and HSN continue to engage millions worldwide, fostering growth for new brands through mentorship and expanded market reach.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) will release its fourth-quarter 2020 results on February 25 at the market close, followed by a conference call on February 26 at 8:30 a.m. (E.S.T.). CEO Mike George and Executive Chairman Greg Maffei will host the call, discussing the company's financial performance and outlook. Interested parties can join the live call by calling GlobalMeet or through the Qurate Retail website. The call will be archived for one year following the appropriate SEC filings.
QVC has launched on YouTube TV, enhancing its accessibility to a broader audience with over 3 million subscribers. This move marks QVC as the only livestream shopping channel on the platform, now available on multiple subscription services with a total of more than 8 million subscribers. QVC aims to attract new customers while retaining current viewers. The collaboration is part of a strategic plan to expand QVC's presence across various media platforms, reaching approximately 380 million homes worldwide. This launch supports QVC's unique video commerce experience.
Soulgani Active, led by CEO Christina Sparks, will launch its Bali-inspired activewear collection on QVC on January 25, 2021, at 8 PM EST. This follows their success in QVC and HSN's The Big Find product search, highlighting innovative new products. The collection features wicking leggings, low-impact sports bras, and tops inspired by Bali, with a commitment to donate 5 meals to Feeding America for each item sold. Soulgani aims to empower women through its designs while supporting charitable causes.