jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Information jvidÊÓƵ jvidÊÓƵ's Operating Segments (Tables)

v3.24.3
Information jvidÊÓƵ jvidÊÓƵ's Operating Segments (Tables)
9 Months Ended
Sep. 30, 2024
Information jvidÊÓƵ jvidÊÓƵ's Operating Segments Ìý
Schedule of disaggregation of revenue

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

SeptemberÌý30, 2024

​

​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

611

​

226

​

214

​

—

​

1,051

​

Apparel

​

​

294

​

98

​

38

​

—

​

430

​

Beauty

​

​

225

​

135

​

—

​

—

​

360

​

Accessories

​

​

185

​

52

​

—

​

—

​

237

​

Electronics

​

​

104

​

17

​

—

​

—

​

121

​

Jewelry

​

​

63

​

43

​

—

​

—

​

106

​

Other revenue

​

​

39

​

—

​

—

​

—

​

39

​

Total Revenue

​

$

1,521

​

571

​

252

​

—

​

2,344

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Nine months ended

​

​

​

SeptemberÌý30, 2024

​

​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

1,796

​

684

​

637

​

—

​

3,117

​

Apparel

​

​

904

​

311

​

119

​

—

​

1,334

​

Beauty

​

​

703

​

405

​

—

​

—

​

1,108

​

Accessories

​

​

598

​

153

​

—

​

—

​

751

​

Electronics

​

​

285

​

48

​

—

​

—

​

333

​

Jewelry

​

​

216

​

115

​

—

​

—

​

331

​

Other revenue

​

​

116

​

3

​

—

​

—

​

119

​

Total Revenue

​

$

4,618

​

1,719

​

756

​

—

​

7,093

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

SeptemberÌý30, 2023

​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

​

​

in millions

Home

​

$

631

​

220

​

246

​

—

​

1,097

Apparel

​

​

304

​

105

​

39

​

—

​

448

Beauty

​

​

235

​

141

​

—

​

—

​

376

Accessories

​

​

204

​

49

​

—

​

—

​

253

Electronics

​

​

124

​

16

​

—

​

—

​

140

Jewelry

​

​

76

​

44

​

—

​

—

​

120

Other revenue

​

​

43

​

2

​

—

​

—

​

45

Total Revenue

​

$

1,617

​

577

​

285

​

—

​

2,479

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Nine months ended

​

​

​

SeptemberÌý30, 2023

​

​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

1,868

​

701

​

735

​

76

​

3,380

​

Apparel

​

​

939

​

329

​

125

​

113

​

1,506

​

Beauty

​

​

745

​

417

​

—

​

14

​

1,176

​

Accessories

​

​

619

​

156

​

—

​

78

​

853

​

Electronics

​

​

316

​

48

​

—

​

2

​

366

​

Jewelry

​

​

218

​

118

​

—

​

11

​

347

​

Other revenue

​

​

131

​

6

​

—

​

7

​

144

​

Total Revenue

​

$

4,836

​

1,775

​

860

​

301

​

7,772

​

Schedule of adjusted OIBDA

​

​

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​

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​

​

​

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​

​

​

Three months ended SeptemberÌý30,

​

Nine months ended SeptemberÌý30,

​

​

​

​

2024

​

2023

​

​

2024

​

2023

​

​

​

amountsÌýinÌýmillions

​

​

​

​

​

​

QxH

​

$

182

Ìý

201

​

​

561

Ìý

525

​

QVC International

​

​

70

​

77

​

​

222

​

226

​

CBI

​

Ìý

6

Ìý

11

​

​

31

Ìý

40

​

Corporate and other

​

Ìý

(8)

Ìý

(4)

​

​

(23)

Ìý

(57)

​

Consolidated jvidÊÓƵ

​

$

250

Ìý

285

​

​

791

Ìý

734

​

Schedule of other information by segment

​

​

​

​

​

​

​

​

​

​

SeptemberÌý30, 2024

Ìý

​

​

Total assets

​

Capital expenditures

Ìý

​

​

amountsÌýinÌýmillions

Ìý

QxH

​

$

7,824

Ìý

89

​

QVC International

​

​

1,836

​

29

​

CBI

​

​

573

​

19

​

Corporate and other

​

Ìý

540

Ìý

—

​

Consolidated jvidÊÓƵ

​

$

10,773

Ìý

137

​

Schedule of reconciliation of adjusted OIBDA to operating income (loss) and earnings (loss) before income taxes

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

Ìý

​

​

SeptemberÌý30,

​

SeptemberÌý30,

Ìý

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

Ìý

Adjusted OIBDA

​

$

250

Ìý

285

Ìý

791

Ìý

734

​

Stock-based compensation

​

Ìý

(3)

Ìý

(10)

Ìý

(22)

Ìý

(40)

​

Depreciation and amortization

​

Ìý

(95)

Ìý

(105)

Ìý

(290)

Ìý

(309)

​

Restructuring, penalties and fire related costs, net of recoveries

​

​

—

​

(19)

​

(18)

​

189

​

Gain on sale of assets and sale-leaseback transactions

​

​

—

​

—

​

1

​

119

​

Operating income (loss)

​

$

152

​

151

​

462

​

693

​

Interest expense

​

Ìý

(117)

Ìý

(119)

Ìý

(353)

Ìý

(336)

​

Interest and dividend income

​

​

14

​

14

​

41

​

39

​

Realized and unrealized gains (losses) on financial instruments, net

​

Ìý

(36)

Ìý

(14)

Ìý

(53)

Ìý

(60)

​

Loss on disposition of Zulily, net

​

​

—

​

—

​

—

​

(64)

​

Other, net

​

Ìý

(13)

Ìý

1

Ìý

(19)

Ìý

11

​

Earnings (loss) before income taxes

​

$

—

Ìý

33

Ìý

78

Ìý

283

​

​