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Stock impact report

Brilliant Earth Reports Third Quarter 2024 Results [Yahoo! Finance]

Brilliant Earth Group, Inc. (BRLT) 
Company Research Source: Yahoo! Finance
Reported GAAP Diluted EPS of $(0.01) and Adjusted Diluted EPS of $0.02 Exceeded Profitability Expectations Raises Profitability Guidance for the Year SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced financial results for the three and nine months ended September 30, 2024. Third Quarter 2024 Highlights (quarterly period ended September 30, 2024): Delivered Net Sales of $99.9 million , in line with the Company's guidance range, declining 13% year-over-year Total orders approximately flat at -1% year-over-year and grew repeat orders by 11% year-over-year Drove strong year-over-year Bookings growth in wedding and anniversary bands and fine jewelry Grew Average Selling Price (ASP) year-over-year for wedding and anniversary bands and fine jewelry Introduced groundbreaking jewelry collection in partnership with Dr. Show less Read more
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