Revenue: As of FY2025 Q2, the actual value is USD 2.236 B.EPS: As of FY2025 Q2, the actual value is USD -275.46.EBIT: As of FY2025 Q2, the actual value is USD -2.411 B.<h3>QxH Segment</h3><ul><li>Net Revenue: $1,391 million for the three months ended June 30, 2025, compared to $1,558 million for the same period in 2024. For the six months ended June 30, 2025, net revenue was $2,759 million, compared to $3,097 million for the same period in 2024.</li><li>Cost of Goods Sold: $900 million for the three months ended June 30, 2025, compared to $1,007 million for the same period in 2024. For the six months ended June 30, 2025, cost of goods sold was $1,823 million, compared to $2,014 million for the same period in 2024.</li><li>Gross Profit: $491 million for the three months ended June 30, 2025, compared to $551 million for the same period in 2024. For the six months ended June 30, 2025, gross profit was $936 million, compared to $1,083 million for the same period in 2024.</li><li>Operating Income (Loss): - $2,334 million for the three months ended June 30, 2025, compared to $106 million for the same period in 2024. For the six months ended June 30, 2025, operating income (loss) was - $2,334 million, compared to $200 million for the same period in 2024.</li><li>Adjusted OIBDA: $150 million for the three months ended June 30, 2025, compared to $194 million for the same period in 2024. For the six months ended June 30, 2025, Adjusted OIBDA was $272 million, compared to $379 million for the same period in 2024.</li></ul><h3>QVC International Segment</h3><ul><li>Net Revenue: $593 million for the three months ended June 30, 2025, compared to $576 million for the same period in 2024. For the six months ended June 30, 2025, net revenue was $1,130 million, compared to $1,148 million for the same period in 2024.</li><li>Cost of Goods Sold: $381 million for the three months ended June 30, 2025, compared to $367 million for the same period in 2024. For the six months ended June 30, 2025, cost of goods sold was $729 million, compared to $733 million for the same period in 2024.</li><li>Gross Profit: $212 million for the three months ended June 30, 2025, compared to $209 million for the same period in 2024. For the six months ended June 30, 2025, gross profit was $401 million, compared to $415 million for the same period in 2024.</li><li>Operating Income: $62 million for the three months ended June 30, 2025, compared to $57 million for the same period in 2024. For the six months ended June 30, 2025, operating income was $91 million, compared to $120 million for the same period in 2024.</li><li>Adjusted OIBDA: $75 million for the three months ended June 30, 2025, compared to $77 million for the same period in 2024. For the six months ended June 30, 2025, Adjusted OIBDA was $138 million, compared to $152 million for the same period in 2024.</li></ul><h3>CBI Segment</h3><ul><li>Net Revenue: $252 million for the three months ended June 30, 2025, compared to $273 million for the same period in 2024. For the six months ended June 30, 2025, net revenue was $452 million, compared to $504 million for the same period in 2024.</li><li>Cost of Goods Sold: $141 million for the three months ended June 30, 2025, compared to $158 million for the same period in 2024. For the six months ended June 30, 2025, cost of goods sold was $256 million, compared to $296 million for the same period in 2024.</li><li>Gross Profit: $111 million for the three months ended June 30, 2025, compared to $115 million for the same period in 2024. For the six months ended June 30, 2025, gross profit was $196 million, compared to $208 million for the same period in 2024.</li><li>Operating Income: $10 million for the three months ended June 30, 2025, compared to $11 million for the same period in 2024. For the six months ended June 30, 2025, operating income (loss) was - $1 million, compared to $8 million for the same period in 2024.</li><li>Adjusted OIBDA: $17 million for the three months ended June 30, 2025, compared to $19 million for the same period in 2024. For the six months ended June 30, 2025, Adjusted OIBDA was $13 million, compared to $25 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: QVC Group is focusing on its WIN strategy, which targets top-line growth through three central priorities: ‘Wherever She Shops’, ‘Inspiring People &amp; Products’, and ‘New Ways of Working’. This strategy aims to enhance customer interactions across diverse platforms, foster rich, engaging content experiences, and leverage technology and process enhancements to streamline operations and fuel innovation.</li><li>Non-Core Business: QVC Group announced the consolidation of its QVC and HSN operations at QVC’s Studio Park location in West Chester, PA, and the closing of the St. Petersburg, FL campus. This consolidation is part of QVC’s organizational and strategic changes intended to support its WIN strategy.</li><li>Priority: Emphasis on strategies with concrete projections or quantitative indicators over generic or vague statements, such as the reorganization of teams across the company to increase revenue through growth initiatives while maintaining Adjusted OIBDA margin.</li></ul>

Qurate Retail Pref Share QRTEP 8 03/15/31 | 10-Q: FY2025 Q2 Revenue: USD 2.236 B