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Brilliant Earth Group Inc   (NASDAQ: BRLT)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $1.8600 $0.06 3.333%
Day's High: $1.93 Week Perf: 1.64 %
Day's Low: $ 1.80 30 Day Perf: -6.53 %
Volume (M): 105 52 Wk High: $ 3.40
Volume (M$): $ 195 52 Wk Avg: $2.33
Open: $1.83 52 Wk Low: $1.52



 Market Capitalization (Millions $) 25
 Shares Outstanding (Millions) 14
 Employees 333
 Revenues (TTM) (Millions $) 427
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 4

Brilliant Earth Group Inc
Brilliant Earth Group Inc. is a socially responsible jewelry company that specializes in sourcing ethical, conflict-free diamonds and other gemstones. Founded in 2005 by Beth Gerstein and Eric Grossberg, Brilliant Earth's mission is to create a more transparent and sustainable jewelry industry. The company is headquartered in San Francisco, California and has retail locations in major cities throughout the United States and Canada.

In addition to sourcing ethical diamonds, Brilliant Earth also offers a wide range of engagement rings, wedding bands, and fine jewelry made from recycled precious metals. Their unique designs are often inspired by nature and vintage styles. Customers can also create their own custom designs using Brilliant Earth's online design service.

One of the unique aspects of Brilliant Earth is their commitment to giving back to communities impacted by the jewelry industry. They donate 5% of their profits to charities that support environmental and social initiatives, such as land conservation, education, and access to clean water.

Brilliant Earth is also committed to responsible business practices throughout their supply chain. They work with small-scale artisanal miners to ensure fair labor practices and safe working conditions. They strive to minimize their environmental impact by using recycled metals and minimizing waste from their operations.

Overall, Brilliant Earth is a company that offers high-quality, ethically-sourced jewelry while also prioritizing social and environmental responsibility. Their commitment to transparency and sustainability sets them apart in the jewelry industry.


   Company Address: 300 Grant Avenue San Francisco 94108 CA
   Company Phone Number: 691-0952   Stock Exchange / Ticker: NASDAQ BRLT


   

Stock Performances by Major Competitors

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Product Service News

?Brilliant Earth Paves the Path to Sustainable Luxury SBTi Validation and Market Dynamics in Focus

Published Thu, Nov 21 2024 2:00 PM UTC

In an era where corporate responsibility and sustainability are no longer optional but essential, Brilliant Earth Group Inc. is leading the charge towards a more ecologically- luxury market. The recent announcement regarding the validation of its net-zero emissions target by the Science Based Targets initiative (SBTi) marks a significant milestone in the company s sustainabi...

Product Service News

Brilliant Earth Eyes Global Market, Partners with Global-E Amid Stock Challenges,

Published Fri, Sep 6 2024 2:05 PM UTC

Brilliant Earth Expands International Retail, Partners with Global-E Amid Stock Market ChallengesIn a bid to better serve its international clientele, Brilliant Earth Group, Inc. (NASDAQ: BRLT) has announced a significant expansion of its global shopping capabilities. The San Francisco-based company, noted for its focus on ethically sourced fine jewelry, revealed a new part...

Management Changes

Brilliant Earth Strengthens Leadership Team with Promotions of Pamela Catlett and Sharon Dziesietnik to Key C-Level Roles,

Published Mon, Aug 26 2024 1:00 PM UTC

Brilliant Earth Elevates Top Talent to C-Level Roles: Pamela Catlett as Chief Brand Officer and Sharon Dziesietnik as Chief Operations Officer
In a strategic move to fortify its position as a leader in the ethical jewelry industry, Brilliant Earth has recently announced the promotion of two accomplished executives to senior C-Level positions. Pamela Catlett has been elev...

Brilliant Earth Group Inc

Brilliant Earth Group Inc. Reports Steady Earnings Despite Revenue Dip

As a financial journalist for the CSIMarket.com, I have been closely monitoring the recent earnings report of Brilliant Earth Group Inc. The company announced unaltered earnings per share of $0.01, despite a modest revenue reduction of -0.401% to $97.31 million year on year. While this may seem like a minor setback, it is important to note that the company has shown improvement compared to the previous quarter, with revenue falling by -22.146% from $124.99 million.
One of the key highlights of Brilliant Earth's financial results is the significant improvement in net income, which stood at $1.067 million in the first quarter of 2024 earnings season, compared to a net deficit of $-0.440 million in the same quarter a year ago. This showcases the company's ability to turn around its financial performance and move towards profitability.

Partnership

Brilliant Earth & Dr. Jane Goodall: Pioneering Partnership to Transform Jewelry Industry and Preserve Biodiversity

Published Wed, Apr 3 2024 1:35 PM UTC

In a groundbreaking collaboration aimed at revolutionizing the jewelry industry and advancing conservation efforts, Brilliant Earth Group, Inc. (Nasdaq: BRLT) has announced a strategic partnership with world-renowned conservationist Dr. Jane Goodall and her esteemed foundation, the Jane Goodall Institute (JGI). This alliance marks a significant milestone in the quest for sus...







Brilliant Earth Group Inc's Segments
United States    95.79 % of total Revenue
International    4.31 % of total Revenue

  Brilliant Earth Group Inc Outlook

On March 14 2024 the Brilliant Earth Group Inc provided following guidance

Brilliant Earth Group Inc. has reported its fourth quarter and fiscal year 2023 results, showcasing impressive growth rates that surpassed the industry average by an estimated 750 basis points. Additionally, the company exceeded profitability expectations by increasing the gross margin for 2023 by 430 basis points to 57.6%.

In terms of earnings per share, Brilliant Earth delivered a GAAP diluted EPS of $0.04 and an adjusted diluted EPS of $0.17 for the fiscal year 2023.

Looking ahead, the company has provided guidance for the first quarter and full year of 2024. Brilliant Earth remains optimistic about its future performance based on its strong financial results and continued growth trajector...





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