{"schema_version":"secwatch.filing_event.v1","accession":"0001355096-23-000016","form_type":"8-K","ticker":"QVCGA","cik":"0001355096","company_name":"QVC Group, Inc.","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.542575+00:00","generated_at":"2026-06-15T16:12:18.094663+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Qurate Retail Q1 revenue down 8% to $2.6B; adjusted EPS loss of $0.05","bullets":["Revenue $2.64B (-8% YoY); total customers LTM down 14% at QxH and 33% at Zulily.","GAAP EPS $0.05; adjusted EPS -$0.05; adjusted OIBDA $179M (-47% YoY).","QxH revenue -5%, QVC Intl -12% (+3% constant currency), Cornerstone -13%, Zulily -17%.","Workforce reductions at QxH ($60M annual savings) and Zulily ($14M); Project Athens on track.","Cash $1.29B; repaid $214M senior secured notes; QVC leverage 2.5x; $55M insurance proceeds received."],"urls":{"canonical":"https://secwatch.observer/filing/0001355096-23-000016","json":"https://secwatch.observer/filing/0001355096-23-000016.json","markdown":"https://secwatch.observer/filing/0001355096-23-000016.md","text":"https://secwatch.observer/filing/0001355096-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000016/0001355096-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000016/qrtea-20230502x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T16:12:18.094663+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"93db7ee2dc7cc2e07b0b72aa3086f637507eeb1a","claim":"QVC Group, Inc. reported first quarter 2023 results: revenue $2.6 billion, EPS $0.05.","evidence_excerpt":"First quarter 2023 operating results: ● Qurate Retail revenue decreased 8% to $2.6 billion o In constant currency (2) revenue decreased 6% ● Qurate Retail reported diluted EPS of $0.05 o Adjusted diluted EPS (3) of $(0.05)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000016/0001355096-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$2.6 billion"},{"label":"EPS","value":"$0.05"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}