---
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"
generated_at: "2026-05-25T22:47:17.210917+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QVC Group Q4 revenue down 6%; operating loss $1.3B on $1.5B impairment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- 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/1355096/000135509625000012/0001355096-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355096/000135509625000012/qvcga-20250227x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355096-25-000012
- JSON: https://secwatch.observer/filing/0001355096-25-000012.json
- Plain text: https://secwatch.observer/filing/0001355096-25-000012.txt

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