Q Talk

[They CallMe MRWILKES]

QVC Group will no longer provide quarterly financial results during the duration of  Chapter 11, nor will there be earnings release calls.

However, the Annual Report does show Full Year 2025 revenue compared to Full Year 2024 revenue by product category. 

Sales revenue fell in 2025 in each major category (QXH USA):

Electronics:  -18%

Beauty:  -12.6%

Accessories:  -11.4%

Home (includes food):  -9%

Apparel:  -7%

Jewelry:  -7%

QVCGA, the widely held Series A Common Shares, will be delisted from the NASDAQ and will essentially become valueless.  Share value plunged over 70% in after market trading to under 80 cents per share late yesterday following the announcement. 

[Roscoe the Rascal]

I don't like to see any business go under.  Eliminates some of our choices.  Some of my favorite places no longer around and that saddens me.  

Some of my friends will shop at a store I like and say I never go there because I can't find anything.  I think really I always find items.  

[Caaareful Shopper]

Total revenue, net: 

Consolidated QVC Group revenue decreased 8.0% or $807 million for the year ended December 31, 2025, declining in all segments, as compared to the corresponding prior year period.

[CalminHeart]

I'm not surprised. I could see it coming for quite some time. Now it's up to the court and creditors to determine Q's future. 

[Judaline]

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@skatting44 wrote:

  This was the path of SHOPHQ :

" ShopHQ (formerly ShopNBC, Evine) underwent a tumultuous financial decline, culminating in its parent company, iMedia Brands Inc., filing for Chapter 11 bankruptcy in June 2023 with over $350 million in debt. The company, which had struggled with declining cable viewership, high inflation, and lower consumer discretionary spending, was sold to IV Media, a subsidiary of Innovation Ventures LLC (makers of 5-Hour Energy), shortly after the filing "

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You forgot Value Vision! lol

[Estellee]

I'm hoping for the best result for QVC.  Thanks for all the information @They CallMe MRWILKES 

[ellaphant]

Dated platform for a declining aging demo. Products have limited appeal, and that's to older women - D&C, SG, VPH, SG, orthotics, KG, Temptations.  Hard to survive without bringing in new customers.

Good luck!

[Rockycoast]

I also am not surprised in the least by the bankruptcy filing. Thought is would happen this year with that huge payment due in the Fall. 

It isn't like their downward spiral happened in a few short years.  Their working towards bankruptcy has been going on for many, many years.

If any of you have qvc credit or gift cards I would use them up quickly before they may become unusable. 

I read on another forum that when company bankruptcy happens, Warranties may no longer be applicable.  A poster stated they worked for a company that went bankrupt.  It was their job to let people know their warranties were no longer valid.  Talk about angry people she said! She did not blame them though. 

I agree with those that say qvc brought this on mostly by themselves.   We here and on other sites I've read complaint after complaint, putting in my 2 cents worth also. Very little to nothing being done to fix problems.  So now qvc is in the toilet and someone else is going to fix it for them.  

Reading the Compensation section of the filing, tptb are getting paid handsomely during the whole mess. smh

[Sooner]

I think part of their issue has been for several years selling on personality rather than item and inventory.  They have huge selections of basically the same garmet with different "brand names".  Which it's the same garmet.

They compete against themselves.  Their factories are the same, items basically the same, and they sell on different names, personalities.  The ignored the buyers basic wants and needs, depended on hype.

[SparklySarah]

THIS! They took a huge hit! This effects both QVC & HSN. QVC being the parent company, is $6b in debt. Even with restructure, it's going to be an uphill battle to come out of this. The stock took a major hit, viewship is very down, etc. Making changes may not be enough. I'm not breaking out my piggy bank. I used to shop a both a lot but quality is down while prices are up. Most have the brands are not what they once were.