Qurate Retail(QRTEA) - 2020 Q3 - Earnings Call Presentation
Qurate RetailQurate Retail(US:QRTEA)2020-11-05 16:44

Financial Performance - Q3 2020 - Revenue reached $3.4 billion, a 10% increase[7] - Adjusted OIBDA was $0.6 billion, up by 24%[7] - E-commerce revenue accounted for $2.1 billion[8] Segment Performance - Q3 2020 - Cornerstone revenue increased by 26%[11] - QVC International revenue increased by 11%, or 8% on a constant currency basis[11] - Zulily revenue increased by 10%[11] QxH Performance - Q3 2020 - QxH revenue increased by 7%[11] - QxH Adjusted OIBDA margin increased by 50 basis points year-over-year to 19.2%[28] Customer Metrics - QxH - Total number of customers increased by 7% year-over-year[22] - New customers increased by 17%[22] - Reactivated customers decreased by 1%[22] Free Cash Flow - Free cash flow for the nine months ended September 2020 was $1.515 billion, compared to $390 million for the same period in 2019[31]