QVCGA Q1 2024 Earnings — QVC Group Inc. Revenue & Financial Results | Market Cap Arena

QVCGAQVC Group Inc.

$27M

Q1 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.3B-11.4% YoY

Gross Profit

$831M35.5% margin

Operating Income

$145M6.2% margin

Net Income

-$1M-0.0% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-25.5%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

-$16M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$11.0B

Total Liabilities

$10.6B

Stockholders' Equity

$255M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.6B	-11.4%
Gross Profit	$831M	$835M	-0.5%
Operating Income	$145M	$176M	-17.6%
Net Income	-$1M	$20M	-105.0%

Revenue Segments

QxH

$1.5B55%

QVC International

$572M20%

Beauty

$237M8%

Home

$237M8%

Apparel

$108M4%

Jewelry

$48M2%

Accessories

$48M2%

Electronics

$15M1%