secwatch.observer — SEC 8-K summary
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Issuer:     Brilliant Earth Group, Inc. (BRLT)
CIK:        0001866757
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001866757-23-000193
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brilliant Earth beats Q3 profit targets; order volume up 17%, net sales +2.5%
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- Net income of $2.0M; GAAP diluted EPS $0.02, adjusted diluted EPS $0.05.
- Net sales $114.2M (+2.5% YoY); gross margin expanded 380 bps to 58.5%.
- Order volume 43,161 (+17% YoY); average order value fell 12.2% to $2,645.
- Adjusted EBITDA $7.6M (6.7% margin vs 8.9% a year ago).
- Unaided brand awareness more than doubled since May 2022; 37 showrooms open.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866757/000186675723000193/0001866757-23-000193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866757/000186675723000193/brlt-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001866757-23-000193

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