iMedia Brands, Inc. provided earnings guidance for the first quarter and reiterated earnings guidance for the full year 2022. For the first quarter 2022, the company anticipates reporting net sales of approximately $156 million, which is approximately 38% growth over the same prior year period. The company's guidance includes its expectations that the Russia-Ukraine conflict will continue to have a negative impact on the German economy and that the company will continue to experience unusually high logistics costs due to COVID-19.

For the full-year 2022, the company reiterated its previously provided 2022 guidance. The company anticipates reporting revenue of approximately $675 million to $725 million, and the company anticipates reporting positive quarterly earnings per share beginning in the back half of 2022.