QVCGA Q1 2023 Earnings — QVC Group Inc. Revenue & Financial Results | Market Cap Arena

QVCGAQVC Group Inc.

$27M

Q1 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.6B-8.3% YoY

Gross Profit

$835M31.6% margin

Operating Income

$176M6.7% margin

Net Income

$20M0.8% margin

EPS (Diluted)

$2.60

QoQ Revenue Growth

-25.0%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$76M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$12.2B

Total Liabilities

$11.5B

Stockholders' Equity

$578M

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.9B	-8.3%
Gross Profit	$835M	$961M	-13.1%
Operating Income	$176M	$106M	+66.0%
Net Income	$20M	$1M	+1900.0%

Revenue Segments

QxH

$1.6B58%

QVC International

$592M21%

Home

$237M9%

Beauty

$133M5%

Apparel

$113M4%

Accessories

$51M2%

Jewelry

$39M1%

Electronics

$17M1%