Brief: QVC Group Q2 Revenue USD 2,236 Million

QVC

07/08/2025 12:00

Overview

QVC Group Q2 revenue decreases 7% in USD, 9% in constant currency

Operating loss of $2.3 bln due to $2.4 bln impairment charge

QVC International revenue up 3% in USD, down 3% in constant currency

Outlook

Company diversifying sourcing to mitigate tariff uncertainty

Company expanding social and streaming business revenue

Company notes continued decline of linear television and volatile consumer confidence

Result Drivers

QxH REVENUE DECLINE - Driven by a 13% decrease in units shipped and lower shipping and handling revenue, partially offset by a 1% increase in average selling price

IMPAIRMENT CHARGE - Operating loss primarily due to a $2.4 bln non-cash impairment charge related to goodwill and tradenames

FULFILLMENT COSTS - Higher freight rates and labor costs led to increased fulfillment pressure, affecting adjusted OIBDA margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$2.24 bln
Q2 Adjusted OIBDA
$232 mln
Q2 Operating Income
-$2.27 bln


Press Release: ID:nPn3kXg5a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)