QVC reports June net loss of $36.5M; equity deficit of $5.44B in Chapter 11

QVC INC

Cash balance fell to $318.4M from $330.1M; total receipts $328.7M, disbursements $340.4M.
Net loss of $36.5M for June; cumulative loss of $61.7M since petition date (April 16, 2026).
Total assets $2.12B vs. total liabilities $7.56B, resulting in negative equity of $5.44B.
Prepetition secured debt $5.05B; unsecured debt $2.59B; postpetition payables $286.7M.
Company remains in Chapter 11 proceedings; 12,500 full-time employees as of June 30.

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