Qurate Retail, Inc. Class B Stock News

Company to Become 'QVC Group' in Q1 2025, Leveraging the Brand Equity of Flagship Brand WEST CHESTER, Pa. , Nov. 15, 2024 /PRNewswire/ -- Qurate Retail GroupSM, part of Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP), today announced a new strategy to build on its proud legacy in TV and expand into a live social shopping company.

I'm buying Qurate Retail's 8.0% Series A Cumulative Preferred Stock at a 60% discount to their liquidation value and with a 20% yield on cost. The current discount is expected to close as Qurate's deleveraging, free cash flow, and Fed rate cuts improve market sentiment. Preferreds are down despite favorable Fed rate cuts, with redemption obligations by 2031, suggesting an undervalued opportunity.

Sandra Lee will also host a new three-part QVC special, " Sandra Lee NOW", bringing customers the best holiday finds, tips and tricks  WEST CHESTER, Pa. , Nov. 8, 2024 /PRNewswire/ -- Everyone's favorite aunt, Aunt Sandy Claus is coming to QVC®, just in time for the holidays to make everything easier and more festive.

Qurate Retail, Inc. (NASDAQ:QRTEA ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Shane Kleinstein - SVP, Investor Relations David Rawlinson - President and Chief Executive Officer Bill Wafford - Chief Administrative Officer and CFO Gregory Maffei - Executive Chairman Ben Oren - Executive Vice President and Treasurer Conference Call Participants William Reute...

QVC Announces Lineup for the Weekend Holiday Marathon Filled with Deals, Exclusive Items, Entertainment and Celebrities WEST CHESTER, Pa. , Oct. 31, 2024 /PRNewswire/ -- Get in the holiday spirit and have a stress-free weekend by turning to QVC Friday, November 1 starting at 8 p.m.

Qurate Retail is transitioning from cable TV to e-commerce, with e-commerce now constituting the majority of sales, improving margins and cash flow. Despite sales declines, operational turnaround efforts under Project Athens have stabilized revenue, grown OIBDA, and are expected to generate $400 million in free cash flow for 2024. The company faces significant debt challenges but is making prog...

Viewers will be able to livestream the 2024 USA Pickleball National Championships exclusively on QVC+ and shop curated products on QVC.com WEST CHESTER, Pa. , Oct. 3, 2024 /PRNewswire/ -- QVC® , a world leader in live shoppable entertainment, and USA Pickleball, the National Governing Body of the sport of pickleball, today announced they are rallying together on a multi-year partnership.

Qurate Retail, Inc. offers a high-risk, high-reward opportunity, trading at a forward P/E ratio of 0.5x, with signs of revenue stabilization and positive cash flows. Despite past GAAP losses due to non-cash impairments, Qurate's core business remains profitable, generating positive adjusted net income and free cash flow. The company's debt is manageable, with leverage ratios stabilizing, and in...