Qurate Retail Q2 Adj EPS $(0.03) Down From $0.12 YoY, Sales $2.65B Down From $2.95B YoY
Portfolio Pulse from saritha@benzinga.com
Qurate Retail reported Q2 losses of $(0.03) per share, a 125% decrease from the same period last year. Sales also decreased by 10.29% to $2.65 billion from $2.95 billion YoY.
August 04, 2023 | 3:06 pm
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NEGATIVE IMPACT
Qurate Retail reported a significant decrease in Q2 earnings and sales compared to the same period last year.
The reported losses and decrease in sales for Qurate Retail in Q2 indicate a negative financial performance compared to the same period last year. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100