earnings
confidence high
sentiment positive
materiality 0.85
Brilliant Earth Q4 net sales +37.6% YoY to $121.9M; FY net sales +51.0% to $380.2M
Brilliant Earth Group, Inc.
- Q4 net sales $121.9M (+37.6% YoY), total orders +41.6% to 39,475; AOV $3,088 (-2.8%).
- FY net sales $380.2M (+51.0%), gross margin expanded 470 bps to 49.3%, net income $26.3M.
- Q4 GAAP diluted EPS $0.09; adjusted diluted EPS $0.11; Q4 adjusted EBITDA $15.9M (+6.2%).
- Opened six showrooms in 2021 (15 total); introduced Solstice collection and expanded fine jewelry.
- Introduced FY2022 outlook; released inaugural Sustainability Report and completed recycled gold/silver audit.