EarningsBrilliant Earth delivered second-quarter sales and earnings results that exceeded expectations on better-than-expected operating leverage, particularly on marketing.
Financial StabilityBalance sheet strengths include a $93 million net cash position and plans to pre-pay $20 million of BRLT's term loan, which should yield annualized interest savings.
Revenue GrowthManagement raised its revenue guide by 1.2%, also ahead of the Street, while reaffirming its prior adjusted EBITDA margin guide.