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Sep 30, 2021
Qurate Q3 2021 Earnings Report
Qurate Retail's revenue and EPS decreased due to industry-wide supply constraints and cost inflation.
Key Takeaways
Qurate Retail reported a 7% decrease in revenue to $3.1 billion and a diluted EPS of $0.31. The company is managing through current industry pressures while working to accelerate growth initiatives. Supply chain constraints and cost inflation are impacting the entire industry, and actions have been taken to help mitigate the potential impacts.
Qurate Retail revenue decreased 7% to $3.1 billion.
eCommerce revenue decreased 6% to $2.0 billion, representing 63% of total revenue.
Qurate Retail reported diluted EPS of $0.31.
The Board of Directors declared a special cash dividend of $1.25 per share of common stock.
Revenue by Segment
Forward Guidance
Qurate Retail estimates that its average annual effective tax rate through 2021 will be in the range of 15-18% including federal, state and foreign taxes, net of tax credits generated by Qurate Retail’s green energy investments.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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