QVCGA Q2 2024 Earnings — QVC Group Inc. Revenue & Financial Results | Market Cap Arena

QVCGAQVC Group Inc.

$27M

Q2 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.4B-9.1% YoY

Gross Profit

$875M36.4% margin

Operating Income

$165M6.9% margin

Net Income

$20M0.8% margin

EPS (Diluted)

$2.53

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$267M

Free Cash Flow

$202M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$10.5B

Stockholders' Equity

$328M

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.6B	-9.1%
Gross Profit	$875M	$915M	-4.4%
Operating Income	$165M	$366M	-54.9%
Net Income	$20M	$107M	-81.3%

Revenue Segments

QxH

$1.6B58%

QVC International

$576M21%

Home

$221M8%

Beauty

$141M5%

Apparel

$105M4%

Accessories

$53M2%

Jewelry

$39M1%

Electronics

$16M1%