---
schema_version: "secwatch.filing_event.v1"
accession: "0001355096-23-000039"
form_type: "8-K"
ticker: "QVCGA"
cik: "0001355096"
company_name: "QVC Group, Inc."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:47:09.643972+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Qurate Retail Q2 revenue down 7%; GAAP EPS $0.28, adjusted EPS $(0.03)

## Summary
- Revenue (ex-Zulily) $2.5B, down 7% YoY; total revenue $2.649B down 10%.
- QxH revenue fell 8% to $1.618B; adjusted OIBDA margin fell 180bps to 11.4%.
- QVC International constant-currency revenue down 3%; adjusted OIBDA margin fell 220bps.
- Received final $225M insurance proceeds for Rocky Mount fire, total $660M.
- Divested Zulily on May 24; repaid $192M of near-term QVC debt; settled $94M debentures.

## SEC filing metadata
- accession: 0001355096-23-000039
- form_type: 8-K
- ticker: QVCGA
- cik: 0001355096
- company_name: QVC Group, Inc.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355096/000135509623000039/0001355096-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355096/000135509623000039/qrtea-20230804x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355096-23-000039
- JSON: https://secwatch.observer/filing/0001355096-23-000039.json
- Plain text: https://secwatch.observer/filing/0001355096-23-000039.txt

## Key facts
- Earnings Releases
  QVC Group, Inc. reported the quarter ended June 30, 2023 results: revenue $2.5 billion, net income $107 million, EPS $0.28.
  - Period: the quarter ended June 30, 2023
  - Revenue: $2.5 billion
  - Net income: $107 million
  - EPS: $0.28
  - Result: reported results
  source text: of 2023. We believe we are on track to achieve our Project Athens objectives through 2024.” ​ Second quarter 2023 operating results: ● Qurate Retail revenue (2) decreased 7% to $2.5 billion o In constant currency (3) revenue (2) decreased 7% ● Qurate Retail reported diluted EPS of $0.28 o Adjusted diluted EPS (4) of $(0.03) ● QxH revenue decreased 8% ● QVC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355096/000135509623000039/0001355096-23-000039-index.htm

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