{"schema_version":"secwatch.filing_event.v1","accession":"0001355096-24-000017","form_type":"8-K","ticker":"QVCGA","cik":"0001355096","company_name":"QVC Group, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.062305+00:00","generated_at":"2026-06-02T09:06:43.492058+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Qurate Retail Q1 rev -4%; Adj OIBDA +25% cc; adj EPS $0.04; repaid $423M notes","bullets":["Revenue $2.34B (-4% ex-Zulily); QxH -4%, QVC Intl -3% (-1% cc), Cornerstone -11%.","Adjusted OIBDA $259M (+25% constant currency); gross margin expanded across segments.","GAAP net loss $1M ($0.00 EPS); adjusted net income $17M ($0.04 adj EPS).","Repaid remaining $423M of QVC 4.85% notes due April 2024; cash $1.1B, total debt $5.5B.","QVC leverage ratio 2.5x; incremental availability $1.9B under credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001355096-24-000017","json":"https://secwatch.observer/filing/0001355096-24-000017.json","markdown":"https://secwatch.observer/filing/0001355096-24-000017.md","text":"https://secwatch.observer/filing/0001355096-24-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355096/000135509624000017/0001355096-24-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355096/000135509624000017/qrtea-20240508x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T09:06:43.492058+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":"902595e34da83f3c56eac54b3062102d3830a68e","claim":"QVC Group, Inc. reported the quarter ended March 31, 2024 results: net income Net income (loss) $(1), EPS $0.00.","evidence_excerpt":"tomer of women over 50.” ​ First quarter 2024 operating results: ● Qurate Retail revenue decreased 4% (2) in both US Dollars and constant currency (3) ● Qurate Retail grew Adjusted OIBDA (4) 25% (2) in constant currency ● Qurate Retail reported diluted EPS of $0.00 o Adjusted diluted EPS (4) of $0.04 ● QxH revenue decreased 4% ● QVC International revenue decreased 3% o In constant currency, revenue decreased 1% ● Cornerstone revenue decreased 11% ​ ​ Corporate headlines: ​ ● Repaid remaining $423 million principal outstanding of QVC’s 4.85% senior secured notes due April 2024 ​ Discussion of Results ​ Unless otherwise noted, the following discussion compares financial information for the three months ended March 31, 2024 to the same period in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355096/000135509624000017/0001355096-24-000017-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"Net income (loss) $(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"}