---
schema_version: "secwatch.filing_event.v1"
accession: "0001355096-22-000039"
form_type: "8-K"
ticker: "QVCGA"
cik: "0001355096"
company_name: "QVC Group, Inc."
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T06:40:58.042063+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Qurate Retail Q3 revenue falls 13%, records $3B impairment charges; adj. EPS $(0.08)

## Summary
- Revenue $2.744B down 13% YoY; GAAP diluted EPS $(7.21) from $3B non-cash impairments.
- QxH revenue down 8% to $1.7B, QVC Intl down 21% (cc -5%) to $554M, Zulily down 39% to $200M, Cornerstone up 8% to $327M.
- Adjusted OIBDA $185M, down 57% YoY; adjusted diluted EPS $(0.08).
- Completed $443M US property sale-leaseback; signed UK/Germany sale-leaseback for £68M and €97M; $180M insurance proceeds in Q3.
- No share repurchases Aug-Oct; remaining buyback authorization $492M.

## SEC filing metadata
- accession: 0001355096-22-000039
- form_type: 8-K
- ticker: QVCGA
- cik: 0001355096
- company_name: QVC Group, Inc.
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355096/000135509622000039/0001355096-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355096/000135509622000039/qrtea-20221104x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355096-22-000039
- JSON: https://secwatch.observer/filing/0001355096-22-000039.json
- Plain text: https://secwatch.observer/filing/0001355096-22-000039.txt

## Key facts
- Earnings Releases
  QVC Group, Inc. reported third quarter 2022 results: revenue $2.7 billion, EPS $(7.21).
  - Period: third quarter 2022
  - Revenue: $2.7 billion
  - EPS: $(7.21)
  - Result: reported results
  source text: Third quarter 2022 operating results: ● Qurate Retail revenue decreased 13% to $2.7 billion ● In constant currency (2) revenue decreased 9% ● eCommerce revenue decreased 13% to $1.7 billion or 62% of total revenue ● Qurate Retail reported diluted EPS of $(7.21), including impact of non-cash impairment recognized at QxH and Zulily related to tradenames and goodwill (additional detail below) ● Adjusted diluted EPS (3) of $(0.08)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355096/000135509622000039/0001355096-22-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.