secwatch.observer — SEC 8-K summary
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Issuer:     Brilliant Earth Group, Inc. (BRLT)
CIK:        0001866757
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001866757-23-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brilliant Earth reports 15.7% FY net sales growth to $439.9M; Q4 diluted EPS $0.05, adj. $0.08
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- FY 2022 net sales $439.9M, up 15.7% YoY; Q4 net sales $119.6M, down 1.9% YoY per AOV decline.
- Q4 gross margin expanded 360bps to 54.7%; FY gross margin up 400bps to 53.3%.
- FY 2022 net income $19.0M; adjusted EBITDA $39.0M; Q4 net income $6.2M.
- Total orders rose 13.7% in Q4; AOV fell 13.7% to $2,664.
- Company introduces FY 2023 outlook expecting continued profitable growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866757/000186675723000043/0001866757-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866757/000186675723000043/brlt-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001866757-23-000043

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