iMedia Brands (IMBI) Tops Q3 EPS by 1c

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iMedia Brands Reports Third Quarter 2020 Results

November 24, 2020 6:00 AM EST

MINNEAPOLIS, Nov. 24, 2020 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the Company) (NASDAQ: IMBI) today announced results for the third quarter ended October 31, 2020.

Third Quarter 2020 Summary & Recent Highlights

Active customer file grew by 4% year-over-year, driven by a 31% growth in new customers.Q3 net sales were $109.0 million, a decline of 5% compared to same prior-year period, which was the best year-over-year quarterly net sales performance... More