secwatch.observer — SEC 8-K summary
======================================

Issuer:     Brilliant Earth Group, Inc. (BRLT)
CIK:        0001866757
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001866757-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brilliant Earth reports record Q4 sales $124.3M, FY gross margin expands 430bps to 57.6%
--------------------------------------------------------------------------------

- Net sales up 4% YoY to $124.3M in Q4; full-year net sales $446.4M, exceeding industry growth by ~750bps.
- Q4 gross margin 58.7% (up 400bps); FY gross margin 57.6% (up 430bps), driven by cost efficiencies.
- FY GAAP diluted EPS $0.04; adjusted diluted EPS $0.17; Adjusted EBITDA $26.2M.
- Opened 12 new showrooms in 2023, ending with 37; Q4 product bookings ex-engagement rings up 28% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866757/000186675724000034/0001866757-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866757/000186675724000034/brlt-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001866757-24-000034

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