Brilliant Earth Group Sees FY23 Net Sales $460M-$490M Vs $481.3M Est
Portfolio Pulse from Benzinga Newsdesk
Brilliant Earth Group has projected its FY23 net sales to be between $460M and $490M, which is slightly below the estimated $481.3M.
August 09, 2023 | 8:21 pm
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NEGATIVE IMPACT
Brilliant Earth Group's projected FY23 net sales are slightly below the estimated $481.3M, which may negatively impact the stock price.
Brilliant Earth Group's projected FY23 net sales are slightly below the estimated $481.3M. This lower than expected projection could lead to a negative sentiment among investors, potentially causing a decrease in the stock price of BRLT in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100