Brilliant Earth Group Inc (OQ:BRLT)
Business Focus: Jewelry & Watch Retailers
| Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 300 Grant Avenue, 3Rd Floor SAN FRANCISCO CA 94108 |
| Tel: | N/A |
| Website: | https://www.brilliantearth.com |
| IR: | See website |
| Key People | ||
| Eric Scott Grossberg Executive Chairman of the Board | Beth Tamara Gerstein Chief Executive Officer, Director | Jeffrey Chuenhong Kuo Chief Financial Officer |
| Business Overview |
| Brilliant Earth Group, Inc. is an omnichannel fine jewelry company. The Company designs, procures and sells diamonds, gemstones, and jewelry online and through more than 35 showrooms operating within the United States. It offers curated collections of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. Its diamond engagement rings are made-to-order through its Create Your Own ring digital tool. Customers choose their ideal ring setting, precious metal type, and ring size, and select Beyond Conflict Free natural diamond or lab-grown diamond to create their one-of-a-kind ring. Its collection of wedding and anniversary rings includes classic precious metal bands and bands accented with diamonds or gemstones. Its collection of fine jewelry includes earrings, necklaces, and bracelets. It offers an assortment for gifting and self-purchase, from classic diamond stud earrings and tennis bracelets to unique pendants and distinctive gemstone styles. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Brilliant Earth Group Inc revenues increased 1% to $446.4M. Net income decreased 73% to $584K. Revenues reflect United States segment increase of 3% to $425.1M, Retail Sales-US increase of 3% to $425.1M. Net income was offset by Selling, general and administrative - B increase of 19% to $244.3M (expense). Basic Earnings per Share excluding Extraordinary Items increased from $0.02 to $0.05. |
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