{"schema_version":"secwatch.filing_event.v1","accession":"0001355096-25-000029","form_type":"8-K","ticker":"QVCGA","cik":"0001355096","company_name":"QVC Group, Inc.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.801908+00:00","generated_at":"2026-05-17T17:14:46.866510+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 Q2 revenue down 7% to $2.24B; operating loss $2.3B on $2.4B impairment; borrows $975M in July","bullets":["Revenue $2,236M (-7% USD, -9% CC); Adjusted OIBDA $232M (-18%).","QxH revenue -11% to $1,391M; QVC International +3% (-3% CC); Cornerstone -8%.","Operating loss of $2.3B includes $2.4B non-cash impairment of goodwill and tradenames.","QVC leverage 3.9x at June 30; borrowed $975M in July, reducing credit availability to ~$200M.","QVC restricted from unlimited dividends due to leverage >3.5x under senior secured notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001355096-25-000029","json":"https://secwatch.observer/filing/0001355096-25-000029.json","markdown":"https://secwatch.observer/filing/0001355096-25-000029.md","text":"https://secwatch.observer/filing/0001355096-25-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355096/000135509625000029/0001355096-25-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355096/000135509625000029/qvcga-20250807x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:14:46.866510+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"}