earnings
confidence high
sentiment positive
materiality 0.70
Brilliant Earth Q2 net sales up 17.8% to $108.8M; record gross margin 53.1%; net income $3.8M; reaffirms guidance
Brilliant Earth Group, Inc.
2022-Q2 EPS reported
$0.06
revenue$208,847,000
- Net sales $108.8M (+17.8% YoY); total orders +24.9% to 35,366; AOV -5.6% to $3,077.
- Gross margin 53.1% (+460bps record); net income $3.8M (vs $8.5M); Adj. EBITDA $9.6M (vs $14.5M).
- GAAP diluted EPS $0.03; adjusted diluted EPS $0.06; reaffirmed FY2022 outlook.
- Opened 6 new showrooms in Bethesda, Columbus, Houston, Minneapolis, Cleveland, Detroit.