Brilliant Earth Group's Q3 sales rise 10%

Brilliant Earth

05/11/2025 11:54

Overview

Brilliant Earth Q3 net sales grow 10% yr/yr

Company, which deals with ethically sourced fine jewelry, achieves 57.6% gross margin, consistent with medium-term target

Brilliant Earth reports 17th consecutive quarter of positive adjusted EBITDA

Outlook

Brilliant Earth expects full-year net sales growth of 3% to 4.5%

Company anticipates full-year adjusted EBITDA margin of 2% to 3%

Brilliant Earth confident in strong consumer demand entering holiday season

Result Drivers

ENGAGEMENT RINGS - Return to bookings growth in engagement rings with increased average selling price

FINE JEWELRY - 45% year-over-year bookings growth in fine jewelry

GROSS MARGIN - Achieved 57.6% gross margin despite high metal prices and tariffs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$110.30 mln
$108.59 mln (6 Analysts)
Q3 Net Income
-$700,000
Q3 Adjusted EBITDA
$3.60 mln
Q3 Gross Margin
57.60%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

Wall Street's median 12-month price target for Brilliant Earth Group Inc is $2.20, about 16.4% below its November 4 closing price of $2.56

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nGNXvJzwV

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)