QVC Group Q3 revenue down on lower shipping units

QVC

05/11/2025 12:37

Overview

QVC Group Q3 revenue decreased 6% yr/yr, driven by declines in QxH and Cornerstone

Operating income fell 61% yr/yr, pressured by tariffs and revenue decline

Adjusted OIBDA decreased 32% yr/yr due to higher marketing costs and sales deleverage

Result Drivers

QxH REVENUE DECLINE - Driven by a 7% decrease in units shipped and lower shipping and handling revenue, partially offset by favorable returns and a 1% increase in average selling price

INTERNATIONAL REVENUE DECLINE - Attributed to a 4% decrease in average selling price and lower shipping and handling revenue

CORNERSTONE REVENUE DROP - Resulted from lower units shipped in home and apparel categories, offset by higher average selling price

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$2.21 bln
Q3 Adjusted OIBDA
$169 mln
Q3 Operating Income
$60 mln


Press Release: ID:nPn7vq2h7a

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(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.)