iMedia Brands, Inc. provided earnings guidance for the first quarter and full year 2022. For the quarter, the company reporting net sales between $154 and $157 million, which is a 35% to 38% growth over the same prior year period, and in line with the approximate $156 million estimate provided on March 22, 2022 and anticipate reporting a net loss of between $12.3 to $11.9 million, as compared to the $3.3 million net loss for the same prior year period.

For the year, The company anticipates reporting net sales of approximately $675 to $725 million, which is a 23% to 32% growth over the same prior year period and anticipate reporting positive quarterly earnings per share beginning in the back half of the year.