Brilliant Earth Group, Inc. (BRLT)

NASDAQ: BRLT · IEX Real-Time Price · USD
2.610
+0.010 (0.38%)
At close: May 3, 2024, 4:00 PM
2.620
+0.010 (0.38%)
After-hours: May 3, 2024, 7:30 PM EDT
0.38%
Market Cap 255.42M
Revenue (ttm) 446.38M
Net Income (ttm) 584,000
Shares Out 97.86M
EPS (ttm) 0.04
PE Ratio 65.25
Forward PE 119.05
Dividend n/a
Ex-Dividend Date n/a
Volume 15,886
Open 2.620
Previous Close 2.600
Day's Range 2.590 - 2.660
52-Week Range 2.040 - 4.290
Beta 1.62
Analysts Buy
Price Target 3.33 (+27.59%)
Earnings Date May 9, 2024

About BRLT

Brilliant Earth Group, Inc. designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company's product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms. Brilliant Earth Group, Inc. was founded in 2005 and is headquartered in San Francisco, California. [Read more]

Industry Luxury Goods
IPO Date Sep 23, 2021
Employees 668
Stock Exchange NASDAQ
Ticker Symbol BRLT
Full Company Profile

Financial Performance

In 2023, BRLT's revenue was $446.38 million, an increase of 1.48% compared to the previous year's $439.88 million. Earnings were $584,000, a decrease of -72.65%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BRLT stock is "Buy." The 12-month stock price forecast is $3.33, which is an increase of 27.59% from the latest price.

Price Target
$3.33
(27.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brilliant Earth to Report First Quarter 2024 Financial Results on May 9th

SAN FRANCISCO, April 22, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today...

13 days ago - GlobeNewsWire

Brilliant Earth and Renowned Conservationist Dr. Jane Goodall Join Forces in Groundbreaking Partnership

SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today...

4 weeks ago - GlobeNewsWire

Brilliant Earth Releases Third Annual Mission Report Highlighting Progress Towards ESG Goals

SAN FRANCISCO , March 19, 2024 /PRNewswire/ -- Brilliant Earth Group, Inc. (Nasdaq: BRLT), a global leader in ethically sourced fine jewelry, today announced the launch of its 2023 Mission Report, mar...

6 weeks ago - PRNewsWire

Brilliant Earth Reports Fourth Quarter and Fiscal Year 2023 Results

Growth Rate Exceeded the Industry by an Estimated 750 bps in 2023 Exceeded Profitability Expectations and Increased 2023 Gross Margin by 430 bps to 57.6% Generated 2023 GAAP Diluted EPS of $0.04 and 2...

7 weeks ago - GlobeNewsWire

Brilliant Earth Group, Inc. Announces $20 Million Share Repurchase Program

Program Reflects Company's Healthy Balance Sheet and Commitment to Delivering Shareholder Value Program Reflects Company's Healthy Balance Sheet and Commitment to Delivering Shareholder Value

5 months ago - GlobeNewsWire

Brilliant Earth Announces Participation in the Morgan Stanley Global Consumer & Retail Conference and the SHARE Series Women in Investing Event

SAN FRANCISCO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today ...

5 months ago - GlobeNewsWire

Brilliant Earth Reports Third Quarter 2023 Results

Exceeded Profitability Expectations and Increased Order Volume by 17% Generated GAAP Diluted EPS of $0.02 and Adjusted Diluted EPS of $0.05 SAN FRANCISCO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant E...

6 months ago - GlobeNewsWire

Brilliant Earth Unveils "The Sol Collection" Featuring Camila Morrone As First-Ever Face of Brand

The dazzling collection debuted today with a nationwide omni-channel campaign The dazzling collection debuted today with a nationwide omni-channel campaign

7 months ago - GlobeNewsWire

Brilliant Earth to Report Third Quarter 2023 Results on November 9th

SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today ...

7 months ago - GlobeNewsWire

Brilliant Earth Announces Participation in Goldman Sachs 30th Annual Global Retailing Conference and Piper Sandler Growth Conference

SAN FRANCISCO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today ...

8 months ago - GlobeNewsWire

Brilliant Earth Reports Second Quarter 2023 Results

Generated Record Q2 Orders and Exceeded Profitability Expectations Generated GAAP Diluted EPS of $0.01 and Adjusted Diluted EPS of $0.04 Raises Fiscal 2023 Profitability Outlook SAN FRANCISCO, Aug. 09...

9 months ago - GlobeNewsWire

Brilliant Earth Unveils Nature-Inspired Fine Jewelry Collaboration with Designer Logan Hollowell

The “Secret Garden” Collection features one-of-a-kind pieces made with lab-grown gemstones, pink sapphires, emeralds, and diamonds The “Secret Garden” Collection features one-of-a-kind pieces made wit...

9 months ago - GlobeNewsWire

TACORI and Brilliant Earth Introduce Capsule Bridal Jewelry Collection

LOS ANGELES--(BUSINESS WIRE)-- #tacori--TACORI announces the TACORI Lunetta Crescent Bridal Jewelry Collection available now exclusively at Brilliant Earth through December 2023.

10 months ago - Business Wire

Brilliant Earth Expands Ground Floor Showroom Portfolio with Opening of Four New Locations

Ethical fine jewelry retailer continues successful growth in ground floor locations Ethical fine jewelry retailer continues successful growth in ground floor locations

10 months ago - GlobeNewsWire

How Signet, Brilliant Earth And Kendra Scott Will Manage A Bridal Jewelry Market Gone Sideways

These three major jewelers, Signet, Brilliant Earth and Kendra Scott, are taking different paths to overcome an engagement gap that is cutting sales of bridal jewelry.

Other symbols: SIG
11 months ago - Forbes

Brilliant Earth Extends Leadership in Blockchain Diamonds Through Participation with Tracr

Global leader in ethically sourced fine jewelry continues product expansion by doubling down on transparency Global leader in ethically sourced fine jewelry continues product expansion by doubling dow...

11 months ago - GlobeNewsWire

Brilliant Earth Announces Participation in Upcoming Consumer Conferences

SAN FRANCISCO, June 01, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth (NASDAQ: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced that ...

1 year ago - GlobeNewsWire

Brilliant Earth Announces Participation in the 18th Annual Needham Technology & Media Conference on May 16th, 2023

SAN FRANCISCO, May 10, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth (NASDAQ: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced that t...

1 year ago - GlobeNewsWire

Brilliant Earth to Report First Quarter 2023 Financial Results on May 11th

SAN FRANCISCO, April 27, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in eth...

1 year ago - GlobeNewsWire

Brilliant Earth Co-Founder and CEO Beth Gerstein Included in Inc.'s 2023 Female Founders List

Inc.'s sixth annual Female Founders list highlights entrepreneurs with world-changing companies Inc.'s sixth annual Female Founders list highlights entrepreneurs with world-changing companies

1 year ago - GlobeNewsWire

Brilliant Earth Opens New Showroom in Midtown Tampa

The next generation jewelry retailer joins the thriving mixed-use community of Midtown Tampa, with its third showroom opening in 2023 The next generation jewelry retailer joins the thriving mixed-use ...

1 year ago - GlobeNewsWire

Brilliant Earth Continues East Coast Expansion with New Showroom in Williamsburg, Brooklyn

The digital-first jewelry retailer will open in the heart of one of New York's hippest neighborhoods The digital-first jewelry retailer will open in the heart of one of New York's hippest neighborhood...

1 year ago - GlobeNewsWire

Lab-grown diamonds provide ‘a nice choice' for customers seeking affordability: Brilliant Earth CEO

This segment originally aired on March 24, 2023. Brilliant Earth CEO Beth Gerstein joins Yahoo Finance Live to discuss lab-grown diamonds, consumer demand, pricing, the differences between natural and...

1 year ago - Yahoo Finance

Brilliant Earth Releases 2022 Mission Report

Leader in ethically sourced fine jewelry exceeds its 2022 ESG goals and sets ambitious targets for 2023 Leader in ethically sourced fine jewelry exceeds its 2022 ESG goals and sets ambitious targets f...

1 year ago - GlobeNewsWire

Brilliant Earth Reports Fourth Quarter and Fiscal Year 2022 Results

Delivered 15.7% Net Sales Growth for Fiscal Year 2022

1 year ago - GlobeNewsWire