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QVC Group Inc. (QVCGA) Q4 2024 Earnings Call Transcript

February 28, 2025
in Market & News
Reading Time: 2 mins read
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QVC Group Inc. (QVCGA) Q4 2024 Earnings Call Transcript
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QVC Group Inc. (NASDAQ:QVCGA) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET

Company Participants

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Shane Kleinstein – SVP, Investor Relations
David Rawlinson – President and Chief Executive Officer
Bill Wafford – Chief Administrative Officer and CFO
Gregory Maffei – Executive Chairman
Ben Oren – Executive Vice President and Treasurer

Conference Call Participants

Jenna Giannelli – Morgan Stanley
Rob Rigby – Bank of America
Karru Martinson – Jefferies Company
Hale Holden – Barclays
Yaakov Musheyev – JPMorgan Chase & Company

Operator

Welcome to the QVC Group 2024 Q4 Earnings Call. During the presentation, all participants will be in a listen-only-mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference will be recorded February 27.

I would now like to turn the call over to Shane Kleinstein, Senior Vice President, Investor Relations. Please go ahead.

Shane Kleinstein

Thank you, and good afternoon. Before we begin, we’d like to remind everyone that this call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent Form 10-K filed by our company and QVC with the SEC. These forward-looking statements speak only as of the date of this call, and QVC Group expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in QVC Group’s expectations with regard thereto or any change in events, conditions or circumstances upon which any such statement is based. Please note that we have published slides to accompany the earnings release.

On today’s call, we will discuss certain non-GAAP financial measures, including adjusted OIBDA, adjusted OIBDA margin, free cash flow and constant currency. Information regarding the comparable

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