Michigan survey ahead; Applied Digital surges; gold dips - what’s moving markets
SAN FRANCISCO - Brilliant Earth Group, Inc. (NASDAQ:BRLT), a jewelry retailer with impressive gross profit margins of 59.34% and a market capitalization of $234.42 million, announced Tuesday the release of its second jewelry collection in collaboration with conservationist Dr. Jane Goodall, featuring pieces made with 99% repurposed gold and carbon capture lab-grown diamonds.
The limited-edition collection includes the Jane Goodall Peace Medallion, which displays a hand-engraved dove and olive branch design, reflecting Dr. Goodall’s advocacy for peace and conservation.
According to the company’s press release statement, 10% of all proceeds will support The Jane Goodall Legacy Fund, which advances conservation initiatives, environmental education, and youth empowerment through the Roots & Shoots program.
"Everyone can make a difference, and we all can make choices that benefit the natural world," said Dr. Goodall. "This collection represents more than jewelry; it embodies the values we share and the future we can create together."
Beth Gerstein, Co-Founder and CEO of Brilliant Earth, described the collection as "heirlooms that carry forward her message of hope and our collective power to transform the world."
The collection launched exclusively on September 23 and is available on the company’s website and in select showrooms nationwide.
Brilliant Earth, founded in 2005, specializes in ethically sourced fine jewelry and reported $422 million in net sales for 2024, according to the company. The stock has shown strong momentum with a 78.46% return over the past six months, trading at $2.35 per share. For deeper insights into BRLT’s financial health and growth potential, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US equities.
In other recent news, Brilliant Earth Group Inc. reported its second-quarter earnings for 2025, revealing a significant revenue increase that exceeded forecasts. The company’s revenue reached $108.9 million, surpassing the anticipated $103.76 million by nearly 5%. Additionally, Brilliant Earth reported a positive earnings per share (EPS) of $0.01, contrary to expectations of a $0.01 loss, delivering a 200% surprise. These results highlight a strong financial performance for the company in the second quarter. The positive earnings announcement contributed to a notable rise in the company’s stock. These developments reflect a period of growth and financial achievement for Brilliant Earth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.