QVC Group Common Shares down nearly 70% today at closing!
Speculation that a Chapter 11 Bankruptcy filing will follow quite soon.
I heard they’ve been behind on their real estate debts for quite some time. Started hearing that maybe 1-2 years ago. That’s why they had so many items on clearance, trying to consolidate warehouses.
The Bank Revolving Credit Line is fully drawn and all due in October 2026.
I bet they’re in violation of bank covenants following the last quarter and the banks can call in the whole loan now.
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Hope Diva, Pat, Rick and Jayne dumped company stock from their 401k years ago!
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Oh wow! That’s insane. I didn’t realize the people selling credit cards were surviving on them!
My source says nobody will touch QVC with a 10ft pole. This must be why!
I think some of the hosts mentioned may actually have pensions. Good luck with that! Hope they invested wisely.
will be interesting to see what changes happen there
Yup! They’ve fully drawn down what is basically a $3 Billion+ credit card!
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I don’t follow their finances except for whatever gets posted here. 3 BILLION?! With a B?
YES! That’s the Revolver alone.
Total Debt is over $5 billion!
ETA: I checked; as of 9/30/2025 it’s $5.9 Billion!!
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Okay….. well, I think that figure alone warrants its own thread. One moment…
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Thanks for the dedicated spot!
I’ve worked on a number of Chapter 11 filings (unfortunately) so if they do file I’ll post what I know here for those interested in following the developments.
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I’ll be following this thread closely! I didn’t know it was THAT bad. That’s an insane amount of debt for a company that sells plastic clothing from some woman’s basement.
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prob why David looks so utterly miserable
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If there’s anything you want that’s in inventory I’d buy it now!
No vendor is going to deliver goods unless it’s COD. And there ain’t much cash around!
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I might, but they need to reduce their prices even more!
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I was serious when I said in a post a couple of months ago that I wondered if the Q would still be around for “Christmas in July” in June this year. Are they still buying inventory, or are they going to just sell what they have stored in the warehouse? I am interested to see how this plays out.
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Most likely I haven’t been paying enough attention, but does Valerie always return to the Q so early to start peddling her springtime wares? Did she even have time to take down her Christmas Tree? And all of her other junk?
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Yikes, I never considered that! It may be a very sparse Christmas… in July… 
I am curious too to see how this plays out. It seems like they just keep adding more vendors, many of them similar to what they already have. We’ve discussed how all the clothing brands seem the same. A lot of the kitchen stuff seems junky lately. They’ve been pushing some higher end jewelry lately. Firelight diamonds ? Do they think that’s going to save them ?
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I think a lot of these new vendors are in-house. They ask AI for a new name and logo and slap it on any piece of crap made with slave labor.