Etsy reported a GAAP EPS of $1.03, beating expectations by $0.09, but sales missed at $852M, falling short by $9.2M. Gross merchandise sales declined 6.8% YoY to $3.7B, with Etsy-specific GMS down 8.6 ...
Etsy's stock has lost nearly 80% of its peak valuation and is now trading below its 2022 minimum. The company's sales growth rate is at its lowest level ever but still better than most other retailers ...