iMedia Brands, Inc. provided earnings guidance for the fourth quarter and full year of 2022. For the fourth quarter 2022, The company expects the holiday season to be challenging and promotional. Accordingly, The company anticipates reporting net sales of approximately $177 million, which is a 9% decline over the same prior year period. The company continue to expect positive quarterly earnings per share in Fourth Quarter 2022.

For the full-year 2022, The company anticipates reporting revenue of approximately $588 million, which is a 7% increase compared to full year 2021.