earnings
confidence high
sentiment positive
materiality 0.80
Brilliant Q3 net sales $99.9M, gross margin 60.8% (+230bps), GAAP EPS $(0.01), adj EPS $0.02, raises FY profit guidance.
Brilliant Earth Group, Inc.
2024-Q3 EPS reported
$0.01
revenue$302,636,000
- Net sales $99.9M, down 13% YoY; total orders flat at -1%, repeat orders up 11% YoY.
- Gross margin 60.8% (up 230bps); GAAP EPS $(0.01), adj EPS $0.02, adj EBITDA $3.2M.
- Raised FY 2024 adj EBITDA guidance to $8-11M from prior $5-9M.
- Launched Jane Goodall collection; bookings growth in wedding/anniversary bands and fine jewelry.