{"schema_version":"secwatch.filing_event.v1","accession":"0001355096-25-000012","form_type":"8-K","ticker":"QVCGA","cik":"0001355096","company_name":"QVC Group, Inc.","filed_at":"2025-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.413674+00:00","generated_at":"2026-05-25T22:47:17.210917+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"QVC Group Q4 revenue down 6%; operating loss $1.3B on $1.5B impairment","bullets":["Q4 revenue $2.944B down 6%; full year revenue $10.037B down 5% ex-Zulily.","Q4 operating loss $1.27B includes $1.5B non-cash goodwill/tradename impairment at QxH.","Q4 adjusted OIBDA $312M down 8%; full year adjusted OIBDA $1.103B down 1%.","Reduced total debt by $86M in Q4 and $442M in 2024; leverage ratio 3.1x.","Company renamed QVC Group on Feb 21, 2025; consolidating HQ to West Chester, PA."],"urls":{"canonical":"https://secwatch.observer/filing/0001355096-25-000012","json":"https://secwatch.observer/filing/0001355096-25-000012.json","markdown":"https://secwatch.observer/filing/0001355096-25-000012.md","text":"https://secwatch.observer/filing/0001355096-25-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355096/000135509625000012/0001355096-25-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355096/000135509625000012/qvcga-20250227x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T22:47:17.210917+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}