QVC Group Inc.

5.38

+0.36007.17%

Post-market: 5.380.00000.00%17:59 EDT

Volume:16.07K

Turnover:84.91K

Market Cap:2.14B

PE:-1.65

High:5.47

Open:4.85

Low:4.81

Close:5.02

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Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514232211?lang=en_us&edition=fundamental","pubTime":"2025-02-28 22:04","pubTimestamp":1740751473,"startTime":"0","endTime":"0","summary":"QVC Group (QVCGA, QVCGB) said Friday it has extended Chief Executive David Rawlinson's term as president and CEO through Dec. 31, 2027.Shares were down 5.1% in recent premarket activity.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["QVCD","QVCC","QVCGB","QVCGA"],"gpt_icon":0},{"id":"2514115321","title":"David Rawlinson and QVC Group, Inc. Agree to New Three-Year Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2514115321","media":"Business Wire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514115321?lang=en_us&edition=fundamental","pubTime":"2025-02-28 21:15","pubTimestamp":1740748500,"startTime":"0","endTime":"0","summary":"ENGLEWOOD, Colo., February 28, 2025----QVC Group, Inc. and David Rawlinson have reached a new agreement that would extend his term as President and CEO through December 31, 2027.\"I have been honored to serve as President and CEO of QVC Group and I am excited about the opportunity ahead for the company. Over the last three years, the team has successfully navigated a tragic fire, post-COVID retrenchment, and significant levels of cord-cutting, and still driven bottom-line results,\" Rawlinson said. \"Now, we can take a more nimble and more profitable QVC Group and target a return to growth. As shopping grows quickly on social and streaming platforms, we are well positioned to use our exceptional content creation and selling capabilities to capture market share. We still believe retail can be joyful and human.\". Through the WIN growth strategy, QVC GroupSM will build on its proud legacy in TV and become a live social shopping company by accelerating its already-successful efforts in social","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/david-rawlinson-qvc-group-inc-131500504.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4231","BK4080","QVCGA","QVCD","QVCC","QVCGB","QVCGP","ADC"],"gpt_icon":0},{"id":"2514329169","title":"Q4 2024 Qurate Retail Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2514329169","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514329169?lang=en_us&edition=fundamental","pubTime":"2025-02-28 21:03","pubTimestamp":1740747798,"startTime":"0","endTime":"0","summary":"David Rawlinson; President, Chief Executive Officer, Director; Qurate Retail Inc. Gregory Maffei; Executive Chairman of the Board; Qurate Retail Inc. Welcome to the QVC Group 2024 Q4 earnings call.  As a reminder, this conference will be recorded February 27. I would now like to turn the call over to Shane Kleinstein, Senior Vice President, Investor Relations. Please go ahead.Thank you, Shane, and good afternoon to all. Thank you for joining us and for your interest in the QVC Group. I'll begin today with the recap of fourth quarter results then speak to the conclusion of 2024 and Project Athens before going deeper into our growth strategy announced at Investor Day. Total revenue declined 6% in the fourth quarter. Our top line performance saw continued volume pressure, similar to the third quarter, driven by linear television declines, a cautious consumer environment and meaningful distractions in our TV viewership due to headline grabbing events like hurricanes and the election. 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