Business
Brilliant Earth Reports First Quarter Results
Delivered 6% Y/Y Net Sales Growth at High End of Guidance Range and Exceeding Analyst ConsensusDrove 33% Y/Y Bookings Growth in Fine JewelryOpened First Flagship Location in Beverly HillsReiterates Annual Guidance SAN FRANCISCO, May 06, 2026 (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 months ended March 31, 2026. First Quarter 20
About this update from Brilliant Earth Group, Inc.
[{"type":"image","alt":"Brilliant Earth, LLC","displaySize":"","headline":null,"caption":"Brilliant Earth, LLC","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":23,"url":"https://media.zenfs.com/en/globenewswire.com/2d3a1bdaf7946396e891f1cb52673650"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/J.Y0UvxAzF35YFDfVzEFcw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMy/https://media.zenfs.com/en/globenewswire.com/2d3a1bdaf7946396e891f1cb52673650","width":300,"height":23}},"lazy":false},{"type":"text","content":"Delivered 6% Y/Y Net Sales Growth at High End of Guidance Range and Exceeding Analyst ConsensusDrove 33% Y/Y Bookings Growth in Fine JewelryOpened First Flagship Location in Beverly HillsReiterates Annual Guidance","length":216,"tagName":"p"},{"type":"text","content":"SAN FRANCISCO, May 06, 2026 (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 months ended March 31, 2026.","length":269,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Highlights (quarterly period ended March 31, 2026):","length":75,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered Net Sales of $99.5 million in the first quarter, at the high end of guidance range and exceeding analyst consensus","length":124,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total orders and AOV each grew year-over-year 3%","length":48,"tagName":"p"}]},{"val":[{"type":"text","content":"Average Selling Price (ASP) grew year-over-year across the assortment in Q1","length":75,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":123,"olType":false}]},{"val":[{"type":"text","content":"Drove another strong quarter of fine jewelry bookings, with 33% year-over-year bookings growth, highlighting continued success in diversification beyond bridal heritage","length":168,"tagName":"p"}]},{"val":[{"type":"text","content":"Opened first flagship showroom in Beverly Hills, with impressive initial performance including strong retail orders and foot traffic","length":132,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved Gross Margin of 54.3% in the first quarter, within mid-50s target, while navigating headwinds in precious metal prices and ...