QVC INC (QVCC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Revenues | 1,984 | 1,905 | 2,092 | 2,134 |
Restructuring, penalties and fire related costs, net of (recoveries) (note 10) | - | - | - | 18 |
Cost of goods sold (exclusive of depreciation and amortization shown separately below) | - | - | - | 1,374 |
Depreciation | - | - | 19 | 19 |
Amortization | - | - | 68 | 69 |
Restructuring costs | - | 57 | - | - |
Operating expense | 154 | 154 | 165 | 167 |
Goodwill and intangible asset impairment | 2,395 | - | - | - |
Gain on sale leaseback transaction | - | - | - | - |
Depreciation and amortization | 98 | 95 | - | - |
Cost of goods sold (exclusive of depreciation and amortization shown separately below) | 1,281 | 1,271 | 1,366 | - |
Selling, general and administrative, including stock-based compensation | 328 | 299 | 310 | 324 |
Operating expenses | 4,256 | 1,876 | 1,928 | 1,971 |
Operating income (loss) | -2,272 | 29 | 164 | 163 |
Other income | - | - | -7 | - |
Interest expense, net | -63 | -60 | -62 | -67 |
Foreign currency gain (loss) | -9 | -4 | -6 | 1 |
Nonoperating income (expense) | -72 | -64 | -75 | -66 |
Earnings (loss) before income taxes | -2,344 | -35 | 89 | 97 |
Income tax (expense) benefit | -190 | -2 | 27 | 31 |
Net earnings (loss) | -2,154 | -33 | 62 | 66 |
Less net (earnings) loss attributable to the noncontrolling interest | 11 | 9 | 11 | 13 |
Net earnings (loss) attributable to qvc, inc. shareholder | -2,165 | -42 | 51 | 53 |