Highest-materiality recent filing
QVC Group reports $36.3M loss in first Chapter 11 monthly operating report
Cash of $171.1M; total assets $300.9M; total liabilities $1.40B; equity deficit $1.10B.
Nasdaq to delist QVC Group's common and preferred stock after Chapter 11 filing; no appeal planned
Nasdaq suspends trading of QVCGA and QVCGP at opening on April 24, 2026; Company will not appeal.
QVC Group files Chapter 11 with prepackaged plan to restructure ~$6.55B debt
Entered RSA with creditors; filed Chapter 11 on April 16, 2026 in Southern District of Texas.
QVC Group delays Q4 and FY 2025 earnings release, previously set for Feb 26, 2026
Company now expects to report results within non-accelerated filer timeframe under SEC rules.
QVC Group Q3 revenue down 6%, adjusted OIBDA -32%; going concern flag on $2.9B bank debt
Revenue $2,213M (-6% YoY); operating income $60M (-61%); adjusted OIBDA $169M (-32%).
Nine senior executives receive guaranteed 50% of 2025 and 100% of 2026 target variable compensation; other eligible employees get 50% for both years.
Revenue $2,236M (-7% USD, -9% CC); Adjusted OIBDA $232M (-18%).
QVC Group appoints two new independent directors; Romrell resigns
Larry Romrell resigned from board effective June 20, 2025; no dispute with company.
QVC Group regains Nasdaq minimum bid price compliance for Series A common stock after reverse split
Received Nasdaq notice on June 9, 2025 confirming compliance with minimum bid price requirement.
QVC Group suspends preferred dividend, deferring ~$25M per quarter
Board suspends $2.00/share quarterly dividend on 8.0% Series A Preferred, starting June 16, 2025.
QVC Group files 1-for-50 reverse stock split, plans delisting of Series B common stock from Nasdaq
Reverse stock split at 1-for-50 ratio effective 4:01 p.m. ET on May 22, 2025.
QVC Group announces 1-for-50 reverse stock split and voluntary delisting of QVCGB from Nasdaq
Reverse stock split of QVCGA and QVCGB at 1-for-50 effective May 22, 2025, to regain Nasdaq compliance for QVCGA.
QVC Group shareholders approve reverse stock split with ratio up to 1:50
Richard N. Barton and M. Ian G. Gilchrist reelected as Class III directors until 2028.
QVC Group Q1 revenue down 10% to $2.105B; operating income plunges 90% to $14M
Total revenue $2.105B, -10% YoY; operating income $14M vs $145M in Q1 2024.
QVC Group signs CEO David Rawlinson to new employment agreement through 2027
Annual base salary of $1.75M (retroactive to Jan. 1, 2025) with target cash bonus of 200% of base, capped at 300%.
QVC Group Q4 revenue down 6%; operating loss $1.3B on $1.5B impairment
Q4 revenue $2.944B down 6%; full year revenue $10.037B down 5% ex-Zulily.
Qurate Retail renames to QVC Group; tickers change; annual meeting advanced for reverse split
Effective Feb 21, 2025, name changed from Qurate Retail to QVC Group; tickers become QVCGA, QVCGB, QVCGP on Feb 24.
Qurate Retail extends CEO David Rawlinson's term to Feb 28, 2025; $1M severance if no new deal
President and CEO David Rawlinson's employment extended through Feb 28, 2025 from original Dec 31, 2024 end.
Qurate Retail gets Nasdaq extension to June 9, 2025 for bid price compliance
Transferred QRTEA, QRTEB, QRTEP to Nasdaq Capital Market effective Dec 2, 2024.
Transfer effective Dec 2, 2024 from Nasdaq Global Select Market to Nasdaq Capital Market due to failure to meet minimum bid price.
Qurate Retail Q3 revenue down 5%, adjusted OIBDA falls 12%; tenders 89% of near-term notes
Revenue fell 5% to $2.34B; operating income flat at $152M; adjusted OIBDA down 12% to $250M.
QVC closes exchange offers, issues $605M new 6.875% Senior Secured Notes due 2029
QVC issued ~$605M aggregate principal of new 6.875% Senior Secured Notes due 2029.
Derivative action filed 2021 settled on Sept 25, 2024; dismisses claims against Malone and Maffei with prejudice.
QVC launches exchange offers for two senior secured note series due 2027/2028
Offer to exchange all 4.750% Senior Secured Notes due 2027 for new 6.875% Notes due 2029 plus cash.
Qurate Retail Q2 revenue down 9% to $2.4B; Adjusted OIBDA up 4% to $282M
Revenue $2,407M (-9% YoY); operating income $165M (-55% YoY, includes prior-year insurance gain).
Qurate Retail receives Nasdaq notice for non-compliance with minimum bid price of $1.00 for QRTEA
Nasdaq notified Qurate Retail on June 10, 2024 that QRTEA closing bid price was below $1.00 for 30 consecutive business days.
Qurate Retail Q1 rev -4%; Adj OIBDA +25% cc; adj EPS $0.04; repaid $423M notes
Revenue $2.34B (-4% ex-Zulily); QxH -4%, QVC Intl -3% (-1% cc), Cornerstone -11%.
On June 19, 2025, Larry E. Romrell resigned from the board of directors (the “Board”) of QVC Group, Inc. (the “Company”), effective June 20, 2025.
the Board increased the size of the Board from seven (7) to eight (8) directors and appointed Roger Meltzer and Carol Flaton to the Board
the Board increased the size of the Board from seven (7) to eight (8) directors and appointed Roger Meltzer and Carol Flaton to the Board
effective May 13, 2025, Renee L. Wilm has stepped down as Chief Legal Officer of the Company, and her functions have now been assumed by Eve DelSoldo, Executive Vice President and General Counsel of the Company.
effective April 1, 2025, will be considered the Company’s principal operating officer.
Eve DelSoldo has been appointed Executive Vice President and General Counsel of the Company.
Bill Wafford, age 53, has been appointed Chief Financial Officer and Chief Administrative Officer of the Company.
including Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, will step down from their officer positions, effective March 31, 2025
As previously announced by the Company on its Current Report on Form 8-K filed on September 25, 2024, John C. Malone, a member of the Board, will not stand for reelection and will cease being a member of the Board when his current term expires at the 2025 annual meeting.
On February 19, 2025, Andrea L. Wong notified QVC Group, Inc. (the “ Company ”) that she does not intend to stand for reelection as a member of the Board of Directors (the “ Board ”) of the Company.
John C. Malone, a member of the Board of Directors of the Company, has agreed that he will not stand for reelection as a member of the Board of Directors of the Company and will cease being a member of the Board of Directors of the Company when his current term expires at the annual meeting of the Company to be held in 2025.
On October 20, 2023, Albert E. Rosenthaler notified Qurate Retail, Inc. (the “Company”) of his intention to retire from his position as Chief Corporate Development Officer of the Company, effective January 1, 2024.
Max materiality 1.00 · Median 0.60 · Most common event other_material