QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation (NASDAQ: QVCA, QVCB), is the world's leading video and ecommerce retailer. QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, jewelry and home products. Its programming is distributed to approximately 340 million homes worldwide through operations in the U.S., Japan, Germany, United Kingdom, Italy, France and a joint venture in China. Based in West Chester, Pa. and founded in 1986, QVC has evolved from a TV shopping company to a leading ecommerce and mobile commerce retailer. The company's website, QVC.com, is ranked among the top general merchant Internet sites. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc.
Type
Public
HQ
West Chester, US
Founded
1986
Size (employees)
21,080 (est)
Website
qvc.com
QVC was founded in 1986 and is headquartered in West Chester, US
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QVC Office Locations

QVC has an office in West Chester
West Chester, US (HQ)
1200 Wilson Dr
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QVC Financials and Metrics

QVC Financials

QVC's revenue was reported to be $8.68 b in FY, 2016 which is a 0.7% decrease from the previous period.
USD

Revenue (Q3, 2017)

2 b

Gross profit (Q3, 2017)

728 m

Gross profit margin (Q3, 2017), %

36.2%

Net income (Q3, 2017)

166 m

EBIT (Q3, 2017)

274 m

Market capitalization (31-Oct-2017)

10.3 b

Closing share price (31-Oct-2017)

22.3

Cash (30-Sep-2017)

343 m
QVC's current market capitalization is $10.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8.6 b8.8 b8.7 b8.7 b

Revenue growth, %

2%(1%)(1%)

Cost of goods sold

5.5 b5.5 b

Gross profit

3.2 b3.3 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

1.9 b2 b2 b2 b1.9 b2 b2 b2 b2.1 b1.9 b2 b2 b2 b

Cost of goods sold

1.2 b1.3 b1.3 b1.3 b1.2 b1.2 b1.3 b1.3 b1.3 b1.3 b1.2 b1.2 b1.3 b

Gross profit

725 m730 m764 m754 m717 m764 m741 m733 m778 m697 m722 m749 m728 m

Gross profit Margin, %

37%37%38%37%37%38%37%36%38%36%37%38%36%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

457 m347 m327 m284 m

Accounts Receivable

48.5 m

Inventories

931 m882 m929 m950 m

Current Assets

2.7 b2.7 b2.7 b2.5 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

369 m558 m548 m586 m400 m445 m363 m361 m335 m324 m306 m343 m

Accounts Receivable

369 m

Inventories

1.1 b1 b989 m1.1 b965 m964 m1.2 b1 b1 b1 b1.1 b1.2 b

Current Assets

2.5 b2.7 b2.5 b2.7 b2.5 b2.5 b2.7 b2.5 b2.3 b2.3 b2.3 b2.5 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

633 m633 m662 m642 m

Depreciation and Amortization

431 m587 m134 m142 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

134 m122 m140 m103 m124 m248 m402 m129 m295 m116 m135 m286 m166 m

Depreciation and Amortization

139 m33 m33 m34 m33 m68 m101 m34 m65 m154 m41 m78 m

Inventories

989 m1.1 b(103 m)(92 m)(298 m)(71 m)(91 m)1.1 b(66 m)(105 m)1.2 b

Cash From Operating Activities

285 m605 m780 m276 m601 m457 m663 m907 m
USDY, 2017

Revenue/Employee

95.4 k

Financial Leverage

2.8 x
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QVC News and Updates

And They Become One: QVC Completes Acquisition of HSN

On Dec. 29, QVC’s parent company, Liberty Interactive Corp., officially added its biggest rival – HSN – to its portfolio.

QVC Taps New Leaders Before HSN Acquisition

QVC president and CEO Mike George announced the news of a new organizational structure and senior executive team for the QVC Group.

Industry Moves: QVC Shakes Up Top Ranks for HSN Merger

Who’s in, who’s out, who’s been promoted and hired — find out all the industry moves in one place, brought to you by FN.

How to Watch the Emmy Red-Carpet Fashion Live Stream

Some of the biggest names in television will be celebrated.

Rival TV Retailers QVC and HSN Unite In $2.1 Billion Merger

An effort to cut costs, resurrect revenue streams and compete online Last Thursday, two industry giants announced their plans to merge to combat market suffocation by its competitors, Amazon.com and Wal-Mart Stores Inc. A $2.1 billion deal has solidified a merger of infamous TV retail brands QVC and…
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