Overview

* QVC Group ( QVCGA ) Q3 revenue decreased 6% yr/yr, driven by declines in QxH and Cornerstone

* Operating income fell 61% yr/yr, pressured by tariffs and revenue decline

* Adjusted OIBDA decreased 32% yr/yr due to higher marketing costs and sales deleverage

Result Drivers

* QxH REVENUE DECLINE - Driven by a 7% decrease in units shipped and lower shipping and handling revenue, partially offset by favorable returns and a 1% increase in average selling price

* INTERNATIONAL REVENUE DECLINE - Attributed to a 4% decrease in average selling price and lower shipping and handling revenue

* CORNERSTONE REVENUE DROP - Resulted from lower units shipped in home and apparel categories, offset by higher average selling price

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $2.21

Revenue bln

Q3 $169 mln

Adjusted

OIBDA

Q3 $60 mln

Operatin

g Income

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)