QVC INC 8K

QVC, Inc. and related debtors filed their initial post-petition Monthly Operating Report for the April 16–30, 2026 period, detailing cash flows, a significant net loss, negative equity, and other preliminary Chapter 11 financial data subject to revision.

QVC, Inc. and affiliated debtors, which commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas on April 16, 2026, filed a Monthly Operating Report for the period April 16–30, 2026 (Exhibit 99.1 to the Form 8-K), disclosing preliminary, unaudited financial and operating data for each debtor entity on a non-consolidated basis. The report shows QVC, Inc. with beginning cash of approximately $338.3 million and ending cash of $338.1 million after $189.5 million of receipts and $189.8 million of disbursements, as well as total assets of about $2.13 billion, total liabilities of about $2.99 billion, and negative equity of roughly $856.7 million. Across the debtor group, the MOR provides cash receipts and disbursements schedules, balance sheets, and operating results (including an approximate $34.6 million loss for the period at QVC, Inc.), while including extensive caveats that the information is preliminary, prepared for bankruptcy compliance purposes, may differ materially from GAAP financials, and is subject to revision. The filing also notes that an official committee of unsecured creditors has been appointed, that a $300 million DIP letter-of-credit facility for the QVC debtors has been approved on a final basis, and that certain prepetition obligations and insider compensation are being paid pursuant to first-day orders.

Filing Facts

CIK

1254699

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-075192

Alert Tier

8