Qurate Retail, Inc., together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications. The company serves approximately 200 million homes worldwide. The company was formerly known as Liberty Interactive Corporation and changed its name to Qurate Retail, Inc. in April 2018. Qurate Retail, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
Company profile
Ticker
QRTEP, QRTEB, QRTEA
Exchange
Website
CEO
Mr. David L. Rawlinson II
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
MANZANO CORP, PNM RESOURCES, PNM RESOURCES INC
SEC CIK
Corporate docs
Subsidiaries
Affiliate Distribution & Mktg., Inc. • Affiliate Investment, Inc. • Affiliate Relations Holdings, Inc. • AMI 2, Inc. • Ballard Designs, Inc. • Cinmar, LLC • Contract Décor, Inc. • Cornerstone Brands, Inc. • Cornerstone Shared Services, LLC • Diamonique Canada Holdings, Inc. ...
IRS number
841288730
QRTEP stock data
Latest filings (excl ownership)
8-K
Other Events
26 Sep 24
8-K
Entry into a Material Definitive Agreement
25 Sep 24
8-K
Regulation FD Disclosure
11 Sep 24
8-K
Qurate Retail, Inc. to Present at Goldman Sachs Communacopia & Technology Conference
6 Sep 24
8-K
Qurate Retail, Inc. Declares Quarterly Cash Dividend on 8.0% Series A Cumulative Redeemable Preferred Stock
19 Aug 24
8-K
Amendments to Articles of Incorporation or Bylaws
15 Aug 24
8-K
Qurate Retail, Inc. Reports Second Quarter 2024 Financial Results
8 Aug 24
10-Q
2024 Q2
Quarterly report
8 Aug 24
8-K
Qurate Retail, Inc. Announces Second Quarter Earnings Release and Conference Call
11 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
12 Jun 24
Transcripts
QRTEP
Earnings call transcript
2023 Q2
4 Aug 23
QRTEP
Earnings call transcript
2023 Q1
5 May 23
QRTEP
Earnings call transcript
2022 Q4
1 Mar 23
QRTEP
Earnings call transcript
2022 Q3
4 Nov 22
QRTEP
Earnings call transcript
2022 Q2
5 Aug 22
QRTEP
Earnings call transcript
2022 Q1
6 May 22
QRTEP
Earnings call transcript
2021 Q4
25 Feb 22
QRTEP
Earnings call transcript
2021 Q3
4 Nov 21
QRTEP
Earnings call transcript
2021 Q2
6 Aug 21
QRTEP
Earnings call transcript
2021 Q1
7 May 21
Latest ownership filings
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
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 |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.23 bn | 1.23 bn | 1.23 bn | 1.23 bn | 1.23 bn | 1.23 bn |
Cash burn (monthly) | (no burn) | 22.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 67.63 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 1.16 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 52.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
60.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 198 |
Opened positions | 35 |
Closed positions | 56 |
Increased positions | 38 |
Reduced positions | 69 |
13F shares | Current |
---|---|
Total value | 121.08 bn |
Total shares | 235.74 mm |
Total puts | 1.53 mm |
Total calls | 280.10 k |
Total put/call ratio | 5.5 |
Largest owners | Shares | Value |
---|---|---|
Contrarius Investment Management | 35.25 mm | $22.21 mm |
FPR Partners | 29.93 mm | $18.86 bn |
Vanguard | 28.64 mm | $18.05 bn |
D. E. Shaw & Co. | 19.01 mm | $11.98 bn |
AMP Ameriprise Financial | 13.87 mm | $8.74 bn |
Charles Schwab Investment Management | 12.63 mm | $7.96 bn |
Permit Capital | 7.60 mm | $4.79 bn |
Two Sigma Investments | 7.27 mm | $4.58 bn |
BLK BlackRock | 6.81 mm | $4.29 bn |
Saba Capital Management | 6.06 mm | $3.82 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Sep 24 | Dias Fiona P | Dividend Equivalent Rights - QRTEA Series A Common Stock | Grant | Acquire A | No | No | 0 | 1,020 | 0.00 | 10,464 |
12 Sep 24 | Wilm Renee L | Series A Common Stock | Sell | Dispose S | No | No | 0.4814 | 74,830 | 36.02 k | 0 |
12 Sep 24 | Wilm Renee L | 8% Series A Cumulative Redeemable Preferred Stock | Sell | Dispose S | No | No | 39.4 | 959 | 37.78 k | 0 |
17 Jun 24 | Dias Fiona P | Dividend Equivalent Rights - QRTEA Series A Common Stock | Grant | Acquire A | No | No | 0 | 780 | 0.00 | 9,444 |
22 May 24 | Rawlinson David | Series A Common Stock | Buy | Acquire P | No | No | 0.7199 | 90,600 | 65.22 k | 1,443,666 |
21 May 24 | Rawlinson David | Series A Common Stock | Buy | Acquire P | No | No | 0.708 | 9,400 | 6.66 k | 1,353,066 |
15 Mar 24 | Dias Fiona P | Dividend Equivalent Rights - QRTEA Series A Common Stock | Grant | Acquire A | No | No | 0 | 455 | 0.00 | 8,664 |
Press releases
Qurate Retail Group Appoints Rosalia Bucaro Chief Merchandising Officer of HSN
23 Sep 24
Qurate Retail, Inc. to Present at Goldman Sachs Communacopia & Technology Conference
6 Sep 24
Renowned Style Expert and Q50 Ambassador Stacy London Launches Exclusive Collection with QVC
22 Aug 24
Qurate Retail, Inc. Declares Quarterly Cash Dividend on 8.0% Series A Cumulative Redeemable Preferred Stock
16 Aug 24
Qurate Retail Announces Semi-Annual Interest Payment and Regular Additional Distribution on 3.75% Senior Exchangeable Debentures Due 2030
15 Aug 24