Welcome to our dedicated page for Qurate Retail news (Ticker: QRTEP), a resource for investors and traders seeking the latest updates and insights on Qurate Retail stock.
News for QRTEP focuses on Qurate Retail, Inc., a Fortune 500 electronic shopping and vCommerce company whose securities trade on Nasdaq under the symbols QRTEA, QRTEB and QRTEP. The QRTEP ticker represents Qurate Retail’s 8.0% Series A Cumulative Redeemable Preferred Stock, so news linked to this symbol often centers on capital structure updates and dividend declarations, alongside broader corporate developments at Qurate Retail and its Qurate Retail Group portfolio of brands.
Investors following QRTEP can expect news about regular quarterly cash dividends on the 8.0% Series A Cumulative Redeemable Preferred Stock, including announcements of per-share dividend amounts, payment dates and record dates. Company communications have also covered topics such as the transfer of Qurate Retail’s securities listing from the Nasdaq Global Select Market to the Nasdaq Capital Market and discussions of financial performance and outlook in earnings releases and conference call notices.
Because Qurate Retail, Inc. operates Qurate Retail Group, which includes QVC, HSN, Ballard Designs, Frontgate, Garnet Hill and Grandin Road, the news flow may also feature updates on the company’s vCommerce strategy, live social shopping initiatives, and brand-level programming and product launches. Examples include announcements about growth strategies focused on live social shopping, the planned change of Qurate Retail Group’s name to QVC Group, and new collections or partnerships introduced through QVC and HSN.
This QRTEP news page helps readers track how Qurate Retail’s preferred stock is affected by dividend decisions, listing status, capital markets activity and strategic moves within its video commerce and electronic shopping operations.
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.
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.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced a semi-annual interest payment and excess regular cash dividend distribution for holders of its 3.5% Senior Exchangeable Debentures due 2031. Shareholders will receive $17.50 per $1,000 principal amount, plus an additional $4.1552 per Debenture linked to quarterly dividends from Motorola Solutions Inc. Payments are due on January 15, 2021, for record holders as of January 1, 2021. Adjustments made to the Debentures' principal do not affect the interest payments, which remain at 3.5% per annum.