iMedia Brands (IMBI) Misses Q3 EPS by 35c; Offers Q4 Revenue Guidance

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iMedia Brands Reports Third Quarter 2022 Results

November 22, 2022 6:00 AM EST

ShopHQ Relaunched on Dish Network on November 21

iMedia Strengthens Balance Sheet - Signs $48 million Sale-Leaseback Letter of Intent

MINNEAPOLIS, Nov. 22, 2022 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the Company or iMedia) (NASDAQ: IMBI, IMBIL) today announced results for the third quarter ended October 29, 2022.

CEO Commentary Tim Peterman, CEOTough economic conditions increasingly distract consumers; therefore, our priority is to ensure we strengthen our balance sheet and build our core businesses to serve our customers. 

Our 2022 debt & liquidity management plan is ahead of... More