US Jewellery Retailer Brilliant Earth Posts 6% Sales Growth in Q1 2026
Brilliant Earth
reported a 6% year-on-year increase in net sales for the first quarter ended 31
March 2026, driven by strong growth in fine jewellery and higher average
selling prices across its product assortment.
The jewellery retailer
recorded net sales of $99.5 million during the quarter, compared with $93.9
million a year earlier, reaching the high end of its guidance range and
surpassing analyst expectations. Total orders rose 2.5% to 46,692, while
average order value increased 3.3% to $2,131.
Fine jewellery
continued to outperform, with bookings in the category surging 33% year-on-year
as the company pushed diversification beyond its bridal segment. Average
selling prices also increased across categories during the quarter.
Brilliant Earth opened
its first flagship showroom in Beverly Hills during the quarter, and now
operates 42 showrooms across the US.
Beth Gerstein,
Co-Founder and CEO of Brilliant Earth, said “Our team’s agility in managing
both gross margin and operating expenses in a dynamic environment continues to
be a key differentiator for Brilliant Earth. Fine jewellery continues to
outperform the business and drive our intentional diversification beyond
bridal.”
For the second
quarter, Brilliant Earth expects low single-digit year-on-year net sales growth
and adjusted EBITDA between $0.5 million and $2 million. For the full year
2026, the company reiterated its outlook for mid-single-digit net sales growth
and profitability slightly below 2025 levels.
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