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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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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Program Reflects Company's Healthy Balance Sheet and Commitment to Delivering Shareholder Value Program Reflects Company's Healthy Balance Sheet and Commitment to Delivering Shareholder Value

Brilliant Earth Group, Inc. Announces $20 Million Share Repurchase Program

SAN FRANCISCO, Dec. 01, 2023 (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 Company will participate in two upcoming investor events.

Brilliant Earth Announces Participation in the Morgan Stanley Global Consumer & Retail Conference and the SHARE Series Women in Investing Event

Brilliant Earth (BRLT) reports mixed results in Q3. Looking ahead, it is cautiously optimistic about its performance, emphasizing the ongoing strength of its brand and strategic initiatives.

Brilliant Earth (BRLT) Q3 Earnings Beat Estimates, Decline Y/Y

Brilliant Earth Group, Inc. (NASDAQ:BRLT ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Stefanie Layton - SVP, IR Beth Gerstein - CEO Jeff Kuo - CFO Conference Call Participants Oliver Chen - TD Cowen Rick Patel - Raymond James Ashley Owens - KeyBanc Capital Markets Dana Telsey - Telsey Advisory Group Edward Yruma - Piper Sandler Operator Good day and thank you for standing by. Welcome to the Brilliant Earth Third Quarter 2023 Earnings Conference Call.

Brilliant Earth Group, Inc. (BRLT) Q3 2023 Earnings Call Transcript

Exceeded Profitability Expectations and Increased Order Volume by 17% Generated GAAP Diluted EPS of $0.02 and Adjusted Diluted EPS of $0.05 SAN FRANCISCO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced financial results for the three and nine months ended September 30, 2023. Third Quarter 2023 Financial Highlights (compared to Third Quarter 2022): Delivered net sales of $114.2 million , a 2.5% increase year-over-year, and growth of 22% on a four-year CAGR basis Increased order volume by 17% Expanded gross margin by 380 bps to 58.5% Generated strong profitability Net income was $2.0 million Adjusted EBITDA was $7.6 million "Our third quarter results highlight the power of Brilliant Earth's brand to drive share gains and sustainable profitable growth," said Beth Gerstein, Co-Founder and Chief Executive Officer.

Brilliant Earth Reports Third Quarter 2023 Results

The dazzling collection debuted today with a nationwide omni-channel campaign The dazzling collection debuted today with a nationwide omni-channel campaign

Brilliant Earth Unveils "The Sol Collection" Featuring Camila Morrone As First-Ever Face of Brand

SAN FRANCISCO, Oct. 16, 2023 (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 2023 earnings results after the market closes on Thursday, November 9, 2023.

Brilliant Earth to Report Third Quarter 2023 Results on November 9th

The heavy selling pressure might have exhausted for Brilliant Earth Group, Inc. (BRLT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Brilliant Earth Group, Inc. (BRLT) Loses -9.63% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Brilliant Earth continues to drive sustained earnings growth and its recent Q2 results underline its improved track record. It reaffirmed its sales guidance and raised its profitability guidance, expecting continued growth and investments in marketing campaigns. We continue to remain positive on the company due to its strong brand resonance and sustainability focus. Reiterate Buy.

Brilliant Earth Q2: Diamond In The Making, Reiterate Buy

SAN FRANCISCO, Aug. 29, 2023 (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 two upcoming investor conferences.

Brilliant Earth Announces Participation in Goldman Sachs 30th Annual Global Retailing Conference and Piper Sandler Growth Conference

Brilliant Earth Group, Inc. (NASDAQ:BRLT ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Allison Malkin - ICR Beth Gerstein - Chief Executive Officer Jeff Kuo - Chief Financial Officer Conference Call Participants Edward Yruma - Piper Sandler Noah Zatzkin - KeyBanc Capital Markets Dylan Carden - William Blair Oliver Chen - TD Cowen Amanda Douglas - J.P. Morgan Operator Thank you for standing by, and welcome to the Brilliant Earth Second Quarter 2023 Earnings Conference Call.

Brilliant Earth Group, Inc. (BRLT) Q2 2023 Earnings Call Transcript

Brilliant Earth Group, Inc. (BRLT) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.06 per share a year ago.

Brilliant Earth Group, Inc. (BRLT) Q2 Earnings Surpass Estimates

Generated Record Q2 Orders and Exceeded Profitability Expectations Generated GAAP Diluted EPS of $0.01 and Adjusted Diluted EPS of $0.04 Raises Fiscal 2023 Profitability Outlook SAN FRANCISCO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced financial results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights (quarterly period ended June 30, 2023): Delivered net sales of $110.2 million, a 1.3% increase from the prior year, achieving a record number of orders for the second quarter and reflecting growing demand for and resonance of the Brilliant Earth brand.

Brilliant Earth Reports Second Quarter 2023 Results

The “Secret Garden” Collection features one-of-a-kind pieces made with lab-grown gemstones, pink sapphires, emeralds, and diamonds The “Secret Garden” Collection features one-of-a-kind pieces made with lab-grown gemstones, pink sapphires, emeralds, and diamonds

Brilliant Earth Unveils Nature-Inspired Fine Jewelry Collaboration with Designer Logan Hollowell

LOS ANGELES--(BUSINESS WIRE)-- #tacori--TACORI announces the TACORI Lunetta Crescent Bridal Jewelry Collection available now exclusively at Brilliant Earth through December 2023.

TACORI and Brilliant Earth Introduce Capsule Bridal Jewelry Collection

Ethical fine jewelry retailer continues successful growth in ground floor locations Ethical fine jewelry retailer continues successful growth in ground floor locations

Brilliant Earth Expands Ground Floor Showroom Portfolio with Opening of Four New Locations

Brilliant Earth Group is a perfect intersection of innovative technology model, new age jewellery and sustainability. Despite current macro economic challenges, BRLT has been resilient as demonstrated in its Q1 performance due to its strong brand resonance. It has consistently beat consensus and its robust gross margins remain a key moat.

Brilliant Earth: Resilient Amidst The Storm, Buy

Signet Jewelers

These three major jewelers, Signet, Brilliant Earth and Kendra Scott, are taking different paths to overcome an engagement gap that is cutting sales of bridal jewelry.

How Signet, Brilliant Earth And Kendra Scott Will Manage A Bridal Jewelry Market Gone Sideways

Global leader in ethically sourced fine jewelry continues product expansion by doubling down on transparency Global leader in ethically sourced fine jewelry continues product expansion by doubling down on transparency

Brilliant Earth Extends Leadership in Blockchain Diamonds Through Participation with Tracr

SAN FRANCISCO, June 01, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth (NASDAQ: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced that the Company will participate in upcoming consumer conferences.

Brilliant Earth Announces Participation in Upcoming Consumer Conferences

Brilliant Earth Group, Inc. (NASDAQ:BRLT ) Q1 2023 Earnings Conference Call May 11, 2023 12:00 PM ET Company Participants Allison Malkin - ICR Beth Gerstein - Chief Executive Officer Jeff Kuo - Chief Financial Officer Conference Call Participants Oliver Chen - TD Cowen Dana Telsey - Telsey Advisory Group Noah Zatzkin - KeyBanc Capital Markets Amanda Douglas - J.P. Morgan Edward Yruma - Piper Sandler Randy Konik - Jefferies Rick Patel - Raymond James Oliver Chen - TD Cowen Dylan Carden - William Blair Operator Good day and thank you for standing by.

Brilliant Earth Group, Inc. (BRLT) Q1 2023 Earnings Call Transcript

Brilliant Earth Group, Inc. (BRLT) came out with quarterly earnings of $0.03 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 Q1 Earnings and Revenue Estimates

SAN FRANCISCO, May 10, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth (NASDAQ: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced that the Company will attend the 18th Annual Needham Technology & Media Conference being held at the Intercontinental New York Times Square in New York City, New York on May 16, 2023. The Company will host a fireside chat presentation at 3:45pm ET and hold investor meetings throughout the day.

Brilliant Earth Announces Participation in the 18th Annual Needham Technology & Media Conference on May 16th, 2023

Brilliant Earth Group, Inc. (BRLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Brilliant Earth Group, Inc. (BRLT) to Report a Decline in Earnings: What to Look Out for

SAN FRANCISCO, April 27, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced that it will report first quarter 2023 earnings results after the market closes on Thursday, May 11, 2023.

News for Brilliant Earth Group Stock (BRLT)