QVC Inc. files first monthly operating report post-Chapter 11; negative equity of $857M

QVC INC

Cash balance of $338.1M as of April 30, 2026, with $189.5M net receipts and $189.8M net disbursements for the period.
Total assets $2.13B vs. total liabilities $2.99B, resulting in negative equity of $856.7M.
Gross sales of $313.2M, cost of goods sold $193.3M, net loss of $34.6M for the partial-month period (April 16-30, 2026).
Prepetition secured debt stands at $5.05B; unsecured debt reported as negative $1.80B (net deficit position).
Company employs 6,700 full-time employees; no payments to professionals or insiders reported for the period.

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