<div><div></div><div><span><p><span>QVC Group, Inc. reported first-quarter 2026 results with total revenue of $1.96B, down from $2.11B a year earlier, and a net loss attributable to shareholders of ($47M), or diluted EPS of ($5.79), improving versus a ($100M) loss and ($12.5) per share in the prior-year quarter.</span></p><p><strong><span>Financial Highlights</span></strong></p><div><table><tbody><tr><td><span>Metric</span></td><td><span>Current quarter</span></td><td><span>Prior year quarter</span></td><td><span>YoY change</span></td></tr><tr><td><span>Revenue¹</span></td><td><span>$1.96B</span></td><td><span>$2.11B</span></td><td><span>(7%)</span></td></tr><tr><td><span>Net income²</span></td><td><span>($47M)</span></td><td><span>($100M)</span></td><td><span>53%</span></td></tr><tr><td><span>Diluted EPS³</span></td><td><span>($5.79)</span></td><td><span>($12.5)</span></td><td><span>53.7%</span></td></tr></tbody></table></div><p><em><span>¹ Reported as “Total revenue, net”. ² Reported as “Net earnings (loss) attributable to QVC Group, Inc. shareholders”. ³ Reported as “Basic and diluted net earnings (loss) attributable to Series A and Series B QVC Group, Inc. shareholders per common share”.</span></em></p><p><strong><span>Business Highlights</span></strong></p><ul><li><span>Revenue declined about 7% year-over-year in Q1 2026, driven by lower units shipped across U.S. and international channels.</span></li><li><span>Company is accelerating its WIN strategy, prioritizing digital, social and streaming platforms and increasing marketing spend to grow online audiences.</span></li><li><span>Operational consolidation continued: QVC and HSN operations moved to Studio Park, the St. Petersburg campus was closed, and remaining asset sales are targeted by end of 2026.</span></li><li><span>QVC International remained steady while CBI experienced a modest decline as higher average selling prices partially offset lower unit demand in the home category.</span></li><li><span>Management completed reorganization and production optimization under WIN, incurring restructuring and pre-petition professional charges while reducing certain personnel costs.</span></li></ul><p><span>Original SEC Filing: </span>QVC Group, Inc. [ QVCPQ ] - 10-Q - May. 15, 2026</p><section><b><span class="heading-JaE7wgR2">Disclaimer</span></b><div><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</span></div></section></span></div></div>

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<p>QVC Group, Inc. reported Q1 2026 revenue of $1.96B, down 7% from $2.11B a year prior, with a net loss of $47M and diluted EPS of ($5.79), an improvement from the previous year's loss of $100M and EPS of ($12.5). The decline was attributed to lower units shipped, while the company is focusing on digital strategies and operational consolidation.</p>

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QVC Group, Inc. 1Q 2026: Revenue $1.96B, EPS ($5.79) — 10-Q Summary