Research Update: Qurate Retail Inc. Outlook Revised To Negative On Merchandise And End-Market Challenges - S&P Global Ratings’ Credit Research

Research Update: Qurate Retail Inc. Outlook Revised To Negative On Merchandise And End-Market Challenges

Research Update: Qurate Retail Inc. Outlook Revised To Negative On Merchandise And End-Market Challenges - S&P Global Ratings’ Credit Research
Research Update: Qurate Retail Inc. Outlook Revised To Negative On Merchandise And End-Market Challenges
Published Nov 14, 2019
7 pages (2632 words) — Published Nov 14, 2019
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S. based video commerce and online retailer Qurate Retail Inc. is experiencing execution issues across several product categories and at HSN, which S&P Global Ratings believes will take a few quarters to resolve. We believe operating headwinds and slowing macroeconomic conditions present risks to the company's turnaround plans. We are revising the outlook to negative from stable and affirming all ratings on the company, including 'BB' issuer credit rating on Qurate and 'BBB-' issue-level rating on subsidiary QVC Inc.'s secured debt. The negative outlook reflects the potential for a lower rating if sales trends do not improve sufficiently, leading us to believe that the company's competitive standing has weakened. The negative outlook reflects our expectation that operating performance will remain

  
Brief Excerpt:

...- U.S. based video commerce and online retailer Qurate Retail Inc. is experiencing execution issues across several product categories and at HSN, which S&P Global Ratings believes will take a few quarters to resolve. - We believe operating headwinds and slowing macroeconomic conditions present risks to the company's turnaround plans. - We are revising the outlook to negative from stable and affirming all ratings on the company, including '##' issuer credit rating on Qurate and '###-' issue-level rating on subsidiary QVC Inc.'s secured debt. - The negative outlook reflects the potential for a lower rating if sales trends do not improve sufficiently, leading us to believe that the company's competitive standing has weakened....

  
Report Type:

Research Update

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

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Qurate Retail Inc. Outlook Revised To Negative On Merchandise And End-Market Challenges" Nov 14, 2019. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Qurate-Retail-Inc-Outlook-Revised-To-Negative-On-Merchandise-And-End-Market-Challenges-2339916>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Qurate Retail Inc. Outlook Revised To Negative On Merchandise And End-Market Challenges Nov 14, 2019. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Qurate-Retail-Inc-Outlook-Revised-To-Negative-On-Merchandise-And-End-Market-Challenges-2339916>
  
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