Tuesday, May 11, 2010

QVC First Quarter Sales Up 11%

Via Direct Marketing News


QVC's consolidated sales increased 11% to $1.8 billion in the first quarter of 2010, parent company Liberty Media said May 7 in its quarterly earnings call.

The division's operating income was $232 million in Q1 2010, up from $177 million in the first quarter of last year.

The home shopping network's domestic sales increased 10% in the first quarter to $1.2 billion, while its average selling price improved to $51.16 from $51.07 and total units sold jumped 9% to 24.5 million.


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