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QVC Group (QVCGB)
OTHER OTC:QVCGB
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -84.80%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights challenges faced by QVC due to macroeconomic factors, declining linear TV viewership, and reduced consumer confidence, leading to declines in revenue and customer count. However, there are positive developments in social and streaming platforms, strategic partnerships, and customer spending, indicating potential growth areas. Despite the challenges, QVC is focused on transforming its business model to adapt to the changing market.Company Guidance
During the QVC Group's 2025 Q1 earnings call, guidance highlighted several important metrics and strategies aimed at addressing current challenges. Total revenue declined by 10%, attributed to a decrease in linear TV viewership and weakened consumer sentiment. Adjusted OIBDA fell by 31% in constant currency, reflecting sales deleverage. The company announced a reorganization plan, including the closure of the St. Petersburg facility and transitioning operations to West Chester, Pennsylvania by Q3 2025. Customer count decreased by 10%, with new and reactivated customers falling by 17% and 13%, respectively. However, existing customers maintained an average spend of $1,635, purchasing 32 items over 12 months. In the international segment, revenue declined by 4% in constant currency, while Cornerstone experienced a 13% revenue drop due to a sluggish housing market. The company also reported a strategic partnership with TikTok for a 24/7 live shopping experience, aiming to capture revenue growth in social and streaming platforms. Additionally, the company is pursuing $100 million in OIBDA opportunities through cost management and sourcing shifts to mitigate tariff impacts.Strategic Partnership with TikTok
QVC signed a strategic agreement with TikTok for the first 24/7 live shopping experience in the U.S., expanding its social shopping reach.
Growth in Social and Streaming Platforms
Streaming monthly active users grew 131%, and combined minutes watched on social and streaming platforms increased by 26%, reaching 1.4 billion minutes.
New Product Launch Success
Successful launches included Geoffrey Zakarian's Wine, which sold out, and continued interest in Floor Care from Dyson.
Improvement in Customer Spending
Existing customers spent an average of $1,635, with top customers purchasing 76 items and spending $3,975 on average, up 1% year-over-year.
Innovative Partnerships
Launched a new experience with American Airlines, allowing customers to watch QVC+ and HSN+ episodes on flights.
QVCGB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QVCGB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $345.50 | $321.50 | -6.95% |
Feb 27, 2025 | $425.00 | $499.50 | +17.53% |
Nov 07, 2024 | $152.50 | $159.00 | +4.26% |
Aug 08, 2024 | $180.00 | $189.50 | +5.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does QVC Group (QVCGB) report earnings?
QVC Group (QVCGB) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is QVC Group (QVCGB) earnings time?
QVC Group (QVCGB) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QVCGB EPS forecast?
Currently, no data Available