---
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"
generated_at: "2026-06-08T22:11:10.470655+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Qurate Retail Q3 revenue -3% to $2.5B; Adj OIBDA +54% to $285M; debt cut $438M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- 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/1355096/000135509623000057/0001355096-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/qrtea-20231103x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355096-23-000057
- JSON: https://secwatch.observer/filing/0001355096-23-000057.json
- Plain text: https://secwatch.observer/filing/0001355096-23-000057.txt

## Key facts
- Earnings Releases
  QVC Group, Inc. reported three months ended September 30, 2023 results: revenue $2,479, net income $1, EPS $0.00.
  - Period: three months ended September 30, 2023
  - Revenue: $2,479
  - Net income: $1
  - EPS: $0.00
  - Result: reported results
  source text: Total Qurate Retail Revenue (as reported) $ 2,744 $ 2,479 (10) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/0001355096-23-000057-index.htm
- Earnings Releases
  QVC Group, Inc. reported third quarter 2023 results: revenue $2.5 billion, net income $1, EPS $0.00.
  - Period: third quarter 2023
  - Revenue: $2.5 billion
  - Net income: $1
  - EPS: $0.00
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1355096/000135509623000057/0001355096-23-000057-index.htm

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