Item 7.01 Regulation FD Disclosure As previously disclosed in the Current Report on Form 8-K filed by QVC, Inc. (the “Company”), on April 16, 2026, QVC Group, Inc. and certain of its affiliates, including the Company (collectively, the “Company Parties”), filed voluntary petitions for relief (the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in…
Filed Aug 3, 2026Accepted Aug 3, 2026, 4:23 PM EDTCIK 1254699Accession 0001104659-26-089810
QVC is a live social shopping company that, together with its subsidiaries, is primarily engaged in the video and online commerce industries. Through our subsidiaries and affiliates, we operate in North America, Europe and Asia. Our principal businesses include QVC, HSN, Inc. (“HSN”) and CBI, as well as other equity investments. Our operations are organized into three reportable segments: QxH (QVC U.S. and HSN), QVC International and CBI.
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Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
As previously
disclosed in the Current Report on Form 8-K filed by QVC, Inc. (the “Company”), on April 16, 2026, QVC Group, Inc.
and certain of its affiliates, including the Company (collectively, the “Company Parties”), filed voluntary petitions for
relief (the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”)
in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”). The Chapter
11 Cases are jointly administered for administrative purposes only under the caption In re QVC Group, Inc. et al.
The Bankruptcy Code requires
the Company Parties to file monthly operating reports relating to their financial condition and operations during the pendency of their
Chapter 11 Cases. Accordingly, on July 31, 2026, each of the Company Parties filed with the Bankruptcy Court a monthly operating
report, which included financial information as of June 30, 2026 and for the period beginning on June 1, 2026 and ending on
June 30, 2026 (each, a “Monthly Operating Report” and, together, the “Monthly Operating Reports”). The Company’s
Monthly Operating Report is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item
7.01 by reference. Copies of the other Company Parties’ Monthly Operating Reports are available at a website administered by the
Company Parties’ claims, noticing and solicitation agent, Kroll Restructuring Administration LLC, at https://restructuring.ra.kroll.com/QVC/Home-DocketInfo.
The information in this Item
7.01 and in Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be incorporated
by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation
language in such filing, except as shall be expressly set forth by specific reference in such filing.
Cautionary Note Regarding
the Monthly Operating Reports
The Company cautions investors
and potential investors not to place undue reliance upon the information contained in the Monthly Operating Reports, which were not prepared
for the purpose of providing the basis for an investment decision relating to any securities of the Company. The Company Parties prepared
the Monthly Operating Reports solely for purpose of complying with certain Bankruptcy Code requirements. The financial information contained
in the Monthly Operating Reports was not audited or reviewed by independent accountants and has not been subject to procedures that would
typically be applied to financial statements prepared in accordance with accounting principles generally accepted in the United States
of America. The Company’s Monthly Operating Report also contains information for a period that is shorter and otherwise different
from those required in the Company’s periodic reports pursuant to the Exchange Act, and such information might not be indicative
of the Company’s financial condition or operating results for a period that would be reflected in the Company’s financial
statements or in its reports pursuant to the Exchange Act. Furthermore, the Monthly Operating Reports are subject to future adjustment
and reconciliation. As such, the Monthly Operating Reports should not be relied upon by any persons for information relating to current
or future financial condition, events or performance of the Company and its subsidiaries. The results of operations contained in the Monthly
Operating Reports are not necessarily indicative of results that may be expected from any other period or for the full year, and the information
contained in the Company’s Monthly Operating Report may not necessarily reflect the Company’s consolidated results of operations
or financial position or its receipts and disbursements in the future.
Filed exhibits (1)
EX-99.1 (by filename) tm2621892d1_ex99-1.htm
EX-99.1
2
tm2621892d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
UST Form 11-MOR (12/01/2021) 1
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF TEXAS
In Re. QVC, Inc.
Debtor(s)
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Case No. 26-90501
Lead Case No. 26-90447
Jointly Administered
Monthly Operating Report Chapter 11
Reporting Period Ended: 06/30/2026 Petition Date: 04/16/2026
Months Pending: 3 Industry Classification: 4 5 5 2
Reporting Method: Accrual Basis Cash Basis
Debtor's Full-Time Employees (current): 12,500
Debtor's Full-Time Employees (as of date of order for relief): 12,500
Supporting Documentation (check all that are attached):
(For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor)
Statement of cash receipts and disbursements
Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit
Statement of operations (profit or loss statement)
Accounts receivable aging
Postpetition liabilities aging
Statement of capital assets
Schedule of payments to professionals
Schedule of payments to insiders
All bank statements and bank reconciliations fo…