Qurate Retail, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021 at 07:00 am EDT
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Qurate Retail, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 3,504 million compared to USD 3,422 million a year ago. Operating income was USD 433 million compared to USD 405 million a year ago. Net income was USD 222 million compared to USD 220 million a year ago.
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. 
