Valerie Bertinelli invites her pals Melissa Peterman and Nicole Sullivan over for a white elephant gift exchange because one person's disaster is another person's delight. Valerie's delicious treats make up for all the regrettable regifts, and there may even be a surprise appearance from a certain jolly gentleman.

Valerie Bertinelli's friend, food blogger Jo Stougaard, needs help reworking some of her favorite weeknight dishes to fit her low-carb lifestyle. Valerie creates low-carb twists on familiar recipes for Jo to kick off the new year.