Qurate Retail Inc. - S&P Global Ratings’ Credit Research

Qurate Retail Inc.

Qurate Retail Inc. - S&P Global Ratings’ Credit Research
Qurate Retail Inc.
Published Sep 06, 2018
14 pages (3407 words) — Published Sep 06, 2018
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Differentiated and well-curated product offering that drives customer traffic to multiple shopping platforms; Strong volume of repeat customers who account for about 90% of sales; and Participates in the intensely competitive retail industry. Good cash flow generation based on sound profitability; Pre-payable capital structure provides flexibility when the sales environment is weak; but Potential risks from debt-financed shareholder remuneration and additional asset spin offs. S&P Global Ratings' stable outlook on Qurate Retail Inc. reflects our expectations for debt to EBITDA to decline to the low-3x area by fiscal year-end 2018 on improving profitability. We believe management will successfully execute strategies to improve customer value proposition, including new product assortment and cross-sell opportunities across multiple shopping platforms. We could lower the

  
Brief Excerpt:

...(Editor's Note: The previous version of this article, published Sept. 6, 2018, stated an incorrect financial policy score in the Ratings Score Snapshot. A corrected version follows.)...

  
Report Type:

Full Report

Ticker
733237Z
Issuer
Qurate Retail, Inc.
GICS
Broadcasting & Cable TV (25401020)
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Qurate Retail Inc." Sep 06, 2018. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Qurate-Retail-Inc-2263025>
  
APA:
S&P Global Ratings’ Credit Research. (). Qurate Retail Inc. Sep 06, 2018. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Qurate-Retail-Inc-2263025>
  
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