Brilliant Earth Group raised its full-year adjusted EBITDA guidance after second-quarter net sales rose 5.7% year over year to $115.1 million, exceeding the high end of its outlook. Adjusted EBITDA reached $5.8 million, supported by higher average selling prices and operating expense discipline. Average order value increased 8% to about $2,238, and fine jewelry bookings climbed 32%, even as total orders declined 2% due to a focus on higher-value purchases. The company now expects full-year adjusted EBITDA of $13 million to $15 million on projected sales of $459 million to $462 million, while forecasting approximately flat third-quarter sales amid a difficult comparison.
Brilliant Earth Group IncRaises full-year EBITDA outlook after Q2 sales beat and higher average selling prices.
