January 16, 2018 8:38 PM ET

Internet and Direct Marketing Retail

Company Overview of QVC, Inc.

Company Overview

QVC, Inc., together with its subsidiaries, engages in the retail of various consumer products through merchandise-focused televised shopping programs, the Internet, and mobile applications. It provides home, beauty, apparel, jewelry, accessory, and electronics products. The company also broadcasts pre-recorded shows on various channels, including QVC Plus and Beauty iQ in the United States; QVC Beauty & Style and QVC Plus in Germany; Q-plus in Japan; and QVC Beauty, QVC Extra, QVC Style, and QVC +1 in the United Kingdom, which allow viewers access to a range of programming options. In addition, it operates QVC.com, a Website that allows consumers to purchase various goods offered on its tele...

1200 Wilson Drive

West Chester, PA 19380

United States

Founded in 1986

17,700 Employees

Phone:

484-701-1000

Key Executives for QVC, Inc.

Chief Executive Officer and President
Age: 56
Chief Financial Officer, Principal Accounting Officer and Executive Vice President of Strategy
Age: 55
Chief Operating Officer
Chief Executive Officer of QVC UK
Chief Executive Officer of QVC Germany
Compensation as of Fiscal Year 2017.

QVC, Inc. Key Developments

QVC, Inc. Reports Unaudited Consolidated and US Earnings Results for the Third Quarter Ended September 30, 2017

QVC, Inc. reported unaudited consolidated and US earnings results for the third quarter ended September 30, 2017. For the quarter, the consolidated company reported Total QVC Revenue was $2,010 million compared to $1,948 million a year ago. Total QVC Operating Income was $274 million compared to $231 million a year ago. Total QVC Adjusted OIBDA was $412 million compared to $393 million a year ago. Total QVC Group net income was $119 million compared to $61 million a year ago. Total QVC Group adjusted net income was $182 million compared to $148 million a year ago. For the quarter, the QVC US reported Revenue was $1,374 million compared to $1,338 million a year ago. Operating Income was $200 million compared to $175 million a year ago. Adjusted OIBDA was $313 million compared to $308 million a year ago.

QVC Launches Ultra HD Channel in Germany

QVC announced that it will bring an enhanced TV experience to its viewers with the launch of its Ultra HD channel in Germany, the seventh channel in ultra-high definition in the country, via SES's prime orbital slot 19.2 degrees East.

QVC, Inc. Presents at Goldman Sachs 24th Annual Global Retailing Conference 2017, Sep-06-2017 10:35 AM

QVC, Inc. Presents at Goldman Sachs 24th Annual Global Retailing Conference 2017, Sep-06-2017 10:35 AM. Venue: The Plaza Hotel, 768 5th Ave, New York, New York, United States. Speakers: Michael A. George, Chief Executive Officer and President.

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