secwatch.observer — SEC 8-K summary
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Issuer:     Brilliant Earth Group, Inc. (BRLT)
CIK:        0001866757
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001866757-22-000197
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brilliant Earth Q3 net sales $111.4M (+17% YoY), gross margin record 54.7%, lowers FY revenue outlook
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- Net sales $111.4M (+17%); total orders +28.1% to 36,977; AOV -8.7% to $3,013.
- Gross margin expanded 430 bps to record 54.7%; net income $5.7M vs $4.0M YoY; adj. EBITDA $10.0M.
- GAAP diluted EPS $0.05, adj. diluted EPS $0.07; maintains adj. EBITDA outlook but cautious on Q4 revenue.
- Opened 10 new showrooms in 2022, now 25 total; continues omnichannel expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866757/000186675722000197/0001866757-22-000197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866757/000186675722000197/brlt-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001866757-22-000197

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer