Qurate Retail, Inc. Provides Sales Guidance for the Year 2022
February 25, 2022 at 08:30 am EST
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Qurate Retail, Inc. provided sales guidance for the year 2022. For the calendar 2022, the company expects a negative impact to net sales tied to the inventory loss as well as increased warehouse and logistic costs.
Qurate Retail, Inc. owns controlling and non-controlling interests in a range of video and online commerce companies. It operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN) and Cornerstone Brands, Inc. (CBI). The Companyâs segments include QxH, QVC and CBI. QxH segment markets and sells a variety of consumer products in the United States, primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications. QVC International segment markets and sells a variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and via the Internet through its international websites and mobile applications. CBI segment consists of a portfolio of aspirational home and apparel brands in the United States, which sells merchandise through brick-and-mortar retail locations, as well as via the Internet through their websites.
QURATE RETAIL, INC. 
