QVCGA Q2 2023 Earnings — QVC Group Inc. Revenue & Financial Results | Market Cap Arena

QVCGAQVC Group Inc.

$27M

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.6B-10.3% YoY

Gross Profit

$915M34.5% margin

Operating Income

$366M13.8% margin

Net Income

$107M4.0% margin

EPS (Diluted)

$13.79

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$452M

Free Cash Flow

$332M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$11.8B

Total Liabilities

$11.1B

Stockholders' Equity

$621M

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$3.0B	-10.3%
Gross Profit	$915M	$975M	-6.2%
Operating Income	$366M	$418M	-12.4%
Net Income	$107M	$203M	-47.3%

Revenue Segments

QxH

$1.6B56%

QVC International

$606M21%

Home

$244M8%

Beauty

$199M7%

Apparel

$111M4%

Accessories

$56M2%

Jewelry

$35M1%

Electronics

$15M1%