QVC Group Q3 revenue down on lower shipping units

Reuters
2025/11/05
QVC Group Q3 revenue down on lower shipping units

Overview

  • QVC Group Q3 revenue decreased 6% yr/yr, driven by declines in QxH and Cornerstone

  • Operating income fell 61% yr/yr, pressured by tariffs and revenue decline

  • Adjusted OIBDA decreased 32% yr/yr due to higher marketing costs and sales deleverage

Result Drivers

  • QxH REVENUE DECLINE - Driven by a 7% decrease in units shipped and lower shipping and handling revenue, partially offset by favorable returns and a 1% increase in average selling price

  • INTERNATIONAL REVENUE DECLINE - Attributed to a 4% decrease in average selling price and lower shipping and handling revenue

  • CORNERSTONE REVENUE DROP - Resulted from lower units shipped in home and apparel categories, offset by higher average selling price

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$2.21 bln

Q3 Adjusted OIBDA

$169 mln

Q3 Operating Income

$60 mln

Press Release: ID:nPn7vq2h7a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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