QVC Inc. and its consolidated subsidiaries (unless otherwise indicated or required by the context, the terms "we," "our," "us," the "Company," and "QVC" refer to QVC Inc. and its consolidated subsidiaries) curates and sells a wide variety of consumer products via highly engaging, video-rich, interactive shopping experiences, distributed to approximately 216 million worldwide households each day (excluding our joint venture in China as discussed below in further detail) through our broadcast networks. We also reach audiences through our websites (including QVC.com, HSN.com and others), our applications via streaming video; Facebook Live, Roku, Apple TV, and Amazon Fire; mobile applications; our social pages and over-the-air broadcasters. We believe we are a global leader in video retailing, e-commerce, mobile commerce and social commerce, with operations based in the United States ("U.S."), Germany, Japan, the United Kingdom ("U.K."), and Italy. Additionally, we have a 49% interest in a retailing joint venture in China, which operates through a television shopping channel with an associated website. The joint venture is accounted for as an equity method investment. Our operating strategies are to (i) Curate special products at compelling values; (ii) Extend video reach and relevance; (iii) Reimagine daily digital discovery; (iv) Expand and engage our passionate community; and (v) Deliver joyful customer service. In addition, we are exploring opportunities to evolve the International operating model to pursue growth opportunities in a more leveraged way across markets.
Company profile
Ticker
QVCD, QVCC
Exchange
Employees
Incorporated
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
DMS DE, Inc. • NSTBC, Inc. • Diamonique Canada Holdings, Inc. • RQ Holdings Corp. • ER Development International, Inc. • HSN, Inc. • Home Shopping Network En Espanol, L.L.C. • Home Shopping Network En Espanol, L.P. • HSN Holding LLC • HSNi, LLC ...
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Results of Operations and Financial Condition
3 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Results of Operations and Financial Condition
4 Aug 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
SD
Conflict minerals disclosure
31 May 23
8-K
Regulation FD Disclosure
11 May 23
8-K
Results of Operations and Financial Condition
5 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
Latest ownership filings
No filings
Financial summary
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 292.00 mm | 292.00 mm | 292.00 mm | 292.00 mm | 292.00 mm | 292.00 mm |
Cash burn (monthly) | 122.00 mm | 19.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 815.15 mm | 130.29 mm | n/a | n/a | n/a | n/a |
Cash remaining | -523.15 mm | 161.71 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.3 | 8.3 | n/a | n/a | n/a | n/a |