Qurate Retail Group, Inc. (QRTEA) Misses Q4 EPS by 21c
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Qurate Retail, Inc. Reports Fourth Quarter and Year End 2021 Financial Results
February 25, 2022 7:00 AM ESTENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB, QRTEP) today reported fourth quarter and year end 2021 results(1).
As a team we are focused on a turnaround of this business that will modernize the value proposition, stabilize our core flagship brands and capitalize on growth opportunities, said David Rawlinson, President and CEO of Qurate Retail. In the fourth quarter, we managed through a number of continuing challenges and are not pleased with the performance. We feel confident in our ability to deliver, although we know it will take time to improve some aspects of... More
