QRTEA - Qurate Retail: Green Shoots Emerge Prior To Critical Q1 Earnings

2023-05-01 01:14:34 ET

Summary

• Qurate Retail is in the middle of a turnaround.
• The company has cut costs, lowered inventory, and begun initiatives to shore up their customer base.
• I see anecdotal evidence that Qurate is making progress toward its stated goals, but will this translate to financial results?
• Q1 earnings will be announced on May 5th; more important will be management's guidance for the rest of the year.
• In this article, I will highlight positive developments at Qurate and further discuss the implications of the upcoming earnings call.

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