Brilliant Earth Group

Brilliant Earth Group, Inc. operates as a holding company, which, through its subsidiary, operates jewelry stores. Its product portfolio consists of diamond engagement and wedding rings, gemstone rings, and fine jewelry. The company was founded by Beth Gerstein and Eric Grossberg in 2005 and is headquartered in San Francisco, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Brilliant Earth Group (BRLT) reports steady Q1 performance and growth opportunities

Brilliant Earth Group delivered another profitable quarter with steady sales and notable improvements in key metrics. Strong performance in fine jewelry and expansion plans signal growth opportunities. While facing challenges in the engagement ring segment, the company remains focused on sustainable growth and operational enhancements.

Brilliant Earth reports 12th profitable quarter, focuses on sustainable growth

Brilliant Earth's Q2 2024 performance reflects resilience and strategic prowess amid market challenges, with a focus on sustainable growth.
The company's strengths in unique designs, showroom success, and brand initiatives position it well for future market opportunities.
While facing industry challenges and consumer uncertainties, Brilliant Earth remains committed to quality growth and brand protection strategies.
Opportunities lie in expansion plans, product differentiation, and digital engagement to drive continued success and market leadership.

Brilliant Earth Group reports resilient Q3 performance and growth opportunities

Brilliant Earth Group (BRLT) navigated a challenging Q3 with a focus on profitability, showcasing strength in high-quality product demand and brand values.
Despite a decline in net sales, the company's improved margins, strategic investments, and strong balance sheet position it well for future growth opportunities.
Continued emphasis on responsible sourcing, showroom strategy, and marketing efficiency align with the company's positive outlook and financial stability.

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Brilliant Earth Group, Inc. (NASDAQ:BRLT ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Colin Bourland - VP of Strategy and Business Development Beth Gerstein - CEO Jeffrey Kuo - CFO Conference Call Participants Oliver Chen - TD Cowen Ashley Owens - KeyBanc Capital Markets Operator Good day, and thank you for standing by. Welcome to the Brilliant Earth Third Quarter 2024 Earnings Conference Call.

Brilliant Earth Group, Inc. (BRLT) Q3 2024 Earnings Call Transcript

Brilliant Earth Group, Inc. (BRLT) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.05 per share a year ago.

Brilliant Earth Group, Inc. (BRLT) Tops Q3 Earnings Estimates

SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report third quarter 2024 earnings results after the market closes on Thursday, November 7, 2024.

Brilliant Earth to Report Third Quarter 2024 Financial Results on November 7th

SAN FRANCISCO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced the expansion of its retail fleet with the opening of two new street-level showrooms in Boston, as well as the renovation of its Newbury Street location.

Brilliant Earth Expands Retail Reach with New Showrooms in Key Boston Market

SAN FRANCISCO, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company has expanded its international shopping capabilities to better serve new and existing customers across the globe.

Brilliant Earth Announces International Shopping Expansion Partners With Leading E-commerce Platform Global-e

SAN FRANCISCO, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in the Goldman Sachs 31st Annual Global Retailing Conference being held at the Conrad New York Downtown in New York, New York.

Brilliant Earth Announces Participation in Goldman Sachs 31st Annual Global Retailing Conference

Brilliant Earth Group, Inc. (NASDAQ:BRLT ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Colin Borland - VP of Strategy and Business Development Beth Gerstein - CEO Jeffrey Kuo - CFO Conference Call Participants Thomas Nass - TD Cowen Ashley Owens - KeyBanc Capital Markets Dylan Carden - William Blair Operator Thank you for standing by, and welcome to the Brilliant Earth Second Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, today's program is being recorded.

Brilliant Earth Group, Inc. (BRLT) Q2 2024 Earnings Call Transcript

Increased Total Orders by 3.6% and Repeat Orders by 17% Year-Over-Year Increased Second Quarter 2024 Gross Margin by 320 bps to 60.8% Generated GAAP Diluted EPS of $0.01 and Adjusted Diluted EPS of $0.03 Exceeded Profitability Expectations

Brilliant Earth Reports Second Quarter 2024 Results

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Over the past decades, jewelry with even a small diamond was considered a real treasure, and its price corresponded to the premium status of the gem. However, the jewelry industry also has complaints about precious stones: the inability to customize the size, shape and other characteristics of a stone, its high price and often unethical mining methods.

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SAN FRANCISCO, July 18, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report second quarter 2024 earnings results after the market closes on Thursday, August 8, 2024.

Brilliant Earth to Report Second Quarter 2024 Financial Results on August 8th

SAN FRANCISCO--(BUSINESS WIRE)--The Signature Bridal Collections Are a Tribute to the Brand's Celebrated Proprietary Designs and Diamond Leadership.

Brilliant Earth Unveils Signature Bridal Collections Inspired by the Beauty and Balance of Nature

SAN FRANCISCO, June 06, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in upcoming investor events.

Brilliant Earth Announces Participation in Sidoti Small Cap Conference, SHARE Series at NYSE, and Jefferies Consumer Conference

SAN FRANCISCO, May 22, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in the TD Cowen 8th Annual Future of the Consumer Conference being held at the Conrad New York Downtown in New York, New York.

Brilliant Earth Announces Participation in TD Cowen 8th Annual Future of the Consumer Conference

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SAN FRANCISCO, May 13, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in the 19th Annual Needham Technology, Media, & Consumer Conference.

Brilliant Earth Announces Participation in 19th Annual Needham Technology, Media, & Consumer Conference

Brilliant Earth Group, Inc. (NASDAQ:BRLT ) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET Company Participants Allison Malkin - ICR Beth Gerstein - CEO Jeffrey Kuo - CFO Conference Call Participants Oliver Chen - TD Cowen Ashley Owens - KeyBanc Capital Markets Operator Good day, and thank you for standing by. Welcome to the Brilliant Earth First Quarter 2024 Earnings Call.

Brilliant Earth Group, Inc. (BRLT) Q1 2024 Earnings Call Transcript

Increased Total Orders by 13.7% and Repeat Orders by Over 20% Year-Over-Year Increased First Quarter 2024 Gross Margin by 500 bps to 59.9% Generated GAAP Diluted EPS of $0.01 and Adjusted Diluted EPS of $0.03 Exceeded Profitability Expectations Reiterates Fiscal 2024 Guidance

Brilliant Earth Reports First Quarter 2024 Results

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SAN FRANCISCO, April 22, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report first quarter 2024 earnings results after the market closes on Thursday, May 9, 2024.

Brilliant Earth to Report First Quarter 2024 Financial Results on May 9th

SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced a partnership with Dr. Jane Goodall and her foundation, the Jane Goodall Institute (JGI), in celebration of Dr. Goodall's 90th birthday. This landmark collaboration, to support the Jane Goodall Institute and the advancement of more ethical practices within the fine jewelry industry, represents a significant step forward in raising awareness about transparent and responsible sourcing of diamonds and precious metals.

Brilliant Earth and Renowned Conservationist Dr. Jane Goodall Join Forces in Groundbreaking Partnership

BRLT has grown revenue well (CAGR: +22%), owing to its ethics-first approach, product development, and brand/geographical expansion. The company has experienced a slowdown, however, as its cyclical nature and weaknesses in its business model have contributed to a decline in margins alongside its growth rate. We are not convinced by BRLT's competitive position, which appears highly fragile. The business needs significant scale to protect itself long-term, which could be challenging to achieve.

Brilliant Earth Group: Unconvincing Business But Trading Incredibly Cheap

SAN FRANCISCO , March 19, 2024 /PRNewswire/ -- Brilliant Earth Group, Inc. (Nasdaq: BRLT), a global leader in ethically sourced fine jewelry, today announced the launch of its 2023 Mission Report, marking another milestone in its commitment to transparency, sustainability, compassion, and inclusivity. Alongside the release of this comprehensive report, Brilliant Earth is also publishing new dedicated pages on its website aimed at providing a detailed look into the Company's mission and ongoing efforts to promote responsibility within the jewelry industry.

Brilliant Earth Releases Third Annual Mission Report Highlighting Progress Towards ESG Goals

Brilliant Earth Group, Inc. (BRLT) Q4 2023 Earnings Call Transcript

Growth Rate Exceeded the Industry by an Estimated 750 bps in 2023 Exceeded Profitability Expectations and Increased 2023 Gross Margin by 430 bps to 57.6% Generated 2023 GAAP Diluted EPS of $0.04 and 2023 Adjusted Diluted EPS of $0.17 Provides Q1 and Full Year 2024 Guidance

Brilliant Earth Reports Fourth Quarter and Fiscal Year 2023 Results

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