SAN FRANCISCO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in several upcoming investor events. On August 19, 2025, the Company will participate in the Lytham Partners 2025 Consumer & Technology Investor Summit. The webcast will take place at 3:00pm ET and can be accessed by visiting the conference home page here or directly ...

Company Overview - Brilliant Earth Group, Inc. is a global leader in ethically sourced fine jewelry, founded in 2005 with a mission to create a more transparent, sustainable, and compassionate jewelry industry [3] - The company operates with a premium brand and a curated proprietary product assortment, offering a seamless omnichannel shopping experience [3] - Brilliant Earth has reported positive Adjusted EBITDA for 15 consecutive quarters since going public in 2021 [3] - In 2024, the company achieved net sales of $422 million [3] - The company is headquartered in San Francisco, CA, and Denver, CO, with 42 showrooms across the United States and customers in over 50 countries [3] Upcoming Financial Results - Brilliant Earth will report its second quarter 2025 earnings results before the market opens on August 7, 2025 [1] - An investor conference call and webcast will be held on the same day at 8:30 am ET/5:30 am PT to review the financial results and business outlook [2] - The webcast and conference call details can be accessed through the company's investor relations website [2]

Core Insights - Brilliant Earth Group, Inc. is participating in the 15th Annual East Coast IDEAS Investor Conference on June 12, 2025, in New York, where management will host a fireside chat presentation and investor meetings [1] - The company is recognized as a global leader in ethically sourced fine jewelry, aiming to create a more transparent and sustainable jewelry industry since its founding in 2005 [3] Company Overview - Brilliant Earth reported full-year net sales of $422 million for 2024 and has achieved positive Adjusted EBITDA for 15 consecutive quarters since going public in 2021 [3] - The company operates 42 showrooms across the United States and serves customers in over 50 countries worldwide [3] - Brilliant Earth utilizes a premium brand, curated product assortment, and a data-driven business model to transform the jewelry industry [3]

Core Insights - Brilliant Earth Group, Inc. is participating in investor events in June 2025, showcasing its commitment to engaging with the investment community [1][2][4] Event Participation - On June 4, 2025, the Company will participate in the TD Cowen 9th Annual Future of the Consumer Conference in New York, hosting a fireside chat presentation at 8:45am ET and conducting investor meetings throughout the day [2] - On June 5, 2025, the Company will take part in the Noble Capital Markets Emerging Growth Virtual Equity Conference, with a presentation scheduled for 11:30am ET and additional investor meetings [4] Webcast Availability - A live webcast of the presentations will be accessible on the Company's investor website, with archived replays available for one year post-event [3][5] Company Overview - Brilliant Earth is a leader in ethically sourced fine jewelry, founded in 2005, with a mission to create a more transparent and sustainable jewelry industry [6] - The Company reported full-year net sales of $422 million for 2024 and has achieved positive Adjusted EBITDA for 15 consecutive quarters since going public in 2021 [6] - Brilliant Earth operates 42 showrooms across the United States and serves customers in over 50 countries [6]

Company Overview - Brilliant Earth is a global leader in ethically sourced fine jewelry, aiming to create a more transparent, sustainable, and compassionate jewelry industry since its founding in 2005 [2] - The company operates with a premium brand and a curated proprietary product assortment, offering a seamless omnichannel shopping experience [2] - Brilliant Earth has reported full year Net Sales of $422 million for 2024 and has achieved positive Adjusted EBITDA for 15 consecutive quarters since going public in 2021 [2] Industry Participation - The company will participate in the B. Riley Securities 25th Annual Investor Conference on May 21-22, 2025, at the Ritz-Carlton, Marina Del Rey, California [1] - Management will engage with investors throughout the conference [1] Operational Footprint - Brilliant Earth is headquartered in San Francisco, CA, and Denver, CO, and has 41 showrooms across the United States [2] - The company has served customers in over 50 countries worldwide [2]

Core Insights - Brilliant Earth Group, Inc. reported financial results for Q1 2025, achieving net sales of $93.9 million, a 3.5% decrease from Q1 2024, but demonstrating a 12% year-over-year growth in total orders and a 13% growth in repeat orders [1][5][4] - The company maintained profitability for the 15th consecutive quarter, with a GAAP diluted EPS of $(0.03) and an adjusted diluted EPS of $0.00 [1][4][3] - The company reiterated its annual guidance and provided an outlook for Q2 2025, expecting net sales to decline by 3% to 0% year-over-year [1][8] Financial Performance - Total orders for Q1 2025 reached 45,535, up from 40,525 in Q1 2024, marking a 12.4% increase [4] - Average Order Value (AOV) decreased by 14.2% to $2,062 compared to $2,402 in Q1 2024 [4] - Gross profit for Q1 2025 was $55.0 million, down 5.7% from $58.3 million in Q1 2024, resulting in a gross margin of 58.6% [4][5] - The net loss attributable to Brilliant Earth Group, Inc. was $(0.5) million, a significant decline from a profit of $0.1 million in Q1 2024 [4][5] - Adjusted EBITDA for Q1 2025 was $1.1 million, down 78.8% from $5.1 million in Q1 2024, with an adjusted EBITDA margin of 1.1% [4][5] Business Highlights - The company experienced strong engagement ring unit trends and record-breaking bookings leading up to Valentine's Day, indicating robust demand for its premium products [3][5] - Brilliant Earth expanded its retail showroom portfolio to 41 locations, including a new showroom in the Dallas-Fort Worth area [5] - The company ended Q1 2025 with $92.5 million in net cash, reflecting a 5% year-over-year growth [5] Outlook - For Q2 2025, the company anticipates net sales to be flat or decline by up to 3% year-over-year, with adjusted EBITDA expected to range from a loss of $1.5 million to a profit of $2 million [8] - For the full year 2025, the company projects net sales growth of 1% to 3% year-over-year and an adjusted EBITDA margin of 3% to 4% [8]