FORGOTTEN HISTORY: Zulily | History Defined

Qurate Retail Inc (NASDAQ:QRTEA) reported a first-quarter FY22 revenue decline of 13.6% year-on-year to $2.88 billion, missing the consensus of $3 billion. The e-commerce revenue declined 14% to $1.8 billion, constituting 61% of total revenue. QxH revenue decreased 13%, QVC International fell 13%, Zulily shed 38%, and Cornerstone increased 19%. The operating margin…

Qurate Retail Inc (NASDAQ:QRTEA) reported a fourth-quarter FY21 sales decline of 8.8% year-on-year, to $4.06 billion, missing the consensus of $4.15 billion. eCommerce revenue decreased 9% to $2.6 billion or 65% of total revenue in Q4. The company's QxH revenue decreased 7% in Q4, and QVC International revenue decreased 9%. Zulily revenue fell…