Brilliant Earth Reports First Quarter 2024 Results
Brilliant Earth Group, Inc. (BRLT)
Company Research
Source: GlobeNewswire
Increased Total Orders by 13.7% and Repeat Orders by Over 20% Year-Over-YearIncreased First Quarter 2024 Gross Margin by 500 bps to 59.9%Generated GAAP Diluted EPS of $0.01 and Adjusted Diluted EPS of $0.03Exceeded Profitability ExpectationsReiterates Fiscal 2024 Guidance SAN FRANCISCO, May 09, 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 financial results for the three months ended March 31, 2024. First Quarter 2024 Financial Highlights (quarterly period ended March 31, 2024): Delivered net sales of $97.3 million, approximately flat year-over-year, in line with the Company's expectations and reflecting significant share gains Increased total orders by 13.7% and repeat order volume by more than 20% year-over-yearGrew Average Selling Price (ASP) year-over-year across product lines including engagement rings, wedding bands, and fine jewelry E
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News
- Brilliant Earth Announces Participation in 19th Annual Needham Technology, Media, & Consumer Conference [Yahoo! Finance]Yahoo! Finance
- Brilliant Earth Announces Participation in 19th Annual Needham Technology, Media, & Consumer ConferenceGlobeNewswire
- Brilliant Earth Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Brilliant Earth Group, Inc. (NASDAQ: BRLT) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $4.00 price target on the stock.MarketBeat
- How Brilliant Earth Is Using Retail To Lead In Sustainable Fine Jewelry [Forbes]Forbes
BRLT
Earnings
- 5/9/24 - Beat
BRLT
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 144
- BRLT's page on the SEC website