Stay in Touch
Get sneak previews of special offers & upcoming events delivered to your inbox.
Sign in
08-09-2012 01:25 AM
for those interested in how qvc is doing overall:
QVC Posts 4 Percent Revenue Gain In Second Quarter
The No. 1 home shopping network, QVC, recorded a 4 percent increase in second-quarter revenue, to $1.23 billion, its parent Liberty Interactive Corp. reported Wednesday.
HSN last week also reported a 4 percent increase in second-quarter revenue, to $501.9 million.
QVC’s U.S. gross product revenue increased 5 percent as a result of strength in beauty, electronics and apparel products. But that was reduced to a 4 percent increase overall due to an increase in second-quarter returns as a percent of gross product revenue of 117 basis points, primarily due to increased return rates in apparel, health, beauty and jewelry due to the mix of products within those categories, according to QVC.
Average selling price (ASP) for QVC items increased 5 percent from $52.02 to $54.84, while units sold remained flat compared to the prior-year second quarter.
“QVC’s performance was driven by another strong quarter of eCommerce and mobile purchasing, a trend that continues to accelerate across our global markets,” QVC president and CEO Mike George said in a canned statement. “Our customers are embracing QVC’s unique digital shopping experience, fueled by great values on distinctive products across each of our growing platforms.”
http://homeshoppingista.wordpress.com/2012/08/09/qvc-posts-4-percent-revenue-gain-in-second-quarter/
Get sneak previews of special offers & upcoming events delivered to your inbox.
*You're signing up to receive QVC promotional email.
Find recent orders, do a return or exchange, create a Wish List & more.
Privacy StatementGeneral Terms of Use
QVC is not responsible for the availability, content, security, policies, or practices of the above referenced third-party linked sites nor liable for statements, claims, opinions, or representations contained therein. QVC's Privacy Statement does not apply to these third-party web sites.
© 1995-2024 QVC, Inc. All rights reserved. | QVC, Q and the Q logo are registered service marks of ER Marks, Inc. 888-345-5788