Shoppers spent less at Etsy (NASDAQ:ETSY) during the holiday season, driving down gross merchandise sales (“GMS”) and leaving Wall Street disappointed with the online marketplace’s fourth ...
(Reuters) - Etsy missed Wall Street estimates for holiday-quarter revenue and gross merchandise sales, hurt by weak spending on gifts and handcrafted goods, sending shares of the online ...
The analyst stated that the Truist Card Data indicated that Etsy’s Marketplace revenue lagged the consensus and its prior estimates for the holiday period. He attributed the subdued revenue to ...
Etsy posted consolidated GMS — a key metric to measure sales — of $3.74 billion for the quarter ended December 31, compared with analysts' estimates of $3.88 billion according to data compiled ...