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QVC reports $295.8M in gross sales and $42.3M net loss for July as cash drops to $200.6M
QVCCQvc Inc
QVC Group, Inc. filed a monthly operating report with the Bankruptcy Court for the period ending July 31, 2026, as required under its Chapter 11 plan confirmed on August 6, 2026. The company reported $295.8 million in gross sales and a net loss of $42.3 million for the month. Cash balances decreased from $318.4 million to $200.6 million due to disbursements exceeding receipts by $117.9 million. Total liabilities stood at approximately $7.9 billion, including $5.0 billion in prepetition secured debt and $2.5 billion in unsecured claims. The company operates 12,500 full-time employees and continues to operate as a debtor in possession while complying with bankruptcy court reporting obligations. QVC Group, Inc. is a direct-to-consumer retail company that sells merchandise through television shopping networks and digital platforms.