{"schema_version":"secwatch.filing_event.v1","accession":"0001355096-23-000057","form_type":"8-K","ticker":"QVCGA","cik":"0001355096","company_name":"QVC Group, Inc.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.736296+00:00","generated_at":"2026-06-08T22:11:10.470655+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Qurate Retail Q3 revenue -3% to $2.5B; Adj OIBDA +54% to $285M; debt cut $438M","bullets":["Revenue $2.5B (ex-Zulily) down 3%; Adjusted OIBDA $285M up 54% (35% constant currency).","Diluted EPS $0.00; adjusted EPS $0.10 vs ($0.08) prior year.","QxH revenue -3%; QVC Intl revenue +4% (+1% constant currency); Cornerstone -13%.","Reduced revolver balance by $435M to $995M; total debt down $438M to $6.15B.","All remaining 1.75% exchangeable debentures retired or exchanged after quarter-end."],"urls":{"canonical":"https://secwatch.observer/filing/0001355096-23-000057","json":"https://secwatch.observer/filing/0001355096-23-000057.json","markdown":"https://secwatch.observer/filing/0001355096-23-000057.md","text":"https://secwatch.observer/filing/0001355096-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/0001355096-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/qrtea-20231103x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:11:10.470655+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":"e39dc3984a106a9474e8059a049548cb72d47f14","claim":"QVC Group, Inc. reported three months ended September 30, 2023 results: revenue $2,479, net income $1, EPS $0.00.","evidence_excerpt":"Total Qurate Retail Revenue (as reported) $ 2,744 $ 2,479 (10) %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/0001355096-23-000057-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2023"},{"label":"Revenue","value":"$2,479"},{"label":"Net income","value":"$1"},{"label":"EPS","value":"$0.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ecfb07b44d8c95363fd127ae8ee52f9372b8f4a0","claim":"QVC Group, Inc. reported third quarter 2023 results: revenue $2.5 billion, net income $1, EPS $0.00.","evidence_excerpt":"on Adjusted OIBDA and free cash flow with stable revenues through 2024 compared to 2022.” ​ Third quarter 2023 operating results: ● Qurate Retail revenue decreased 3% (2) to $2.5 billion in both US Dollars and constant currency (3) ● Qurate Retail grew Adjusted OIBDA (4) 35% (2) in constant currency ● Qurate Retail reported diluted EPS of $0.00 o Adjusted diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/0001355096-23-000057-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$2.5 billion"},{"label":"Net income","value":"$1"},{"label":"EPS","value":"$0.00"},{"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"}