Etsy reported strong second-quarter results with a 7.5% year-over-year growth in gross merchandise sales, driven by higher order values and more active buyers. The company announced a 12% reduction in headcount and authorized a $2 billion share buyback, signaling a focus on operational efficiency and returning capital to shareholders. Despite macroeconomic and competitive challenges, Etsy's margin expansion, cost discipline, and strategic divestitures support a positive outlook for growth at a reasonable price. These factors make Etsy a compelling buy even after a post-earnings stock dip.
Etsy, the online marketplace for unique and creative goods, announced that its executives will participate in the Canaccord Genuity 46th Annual Growth Conference in Boston. A webcast fireside chat is scheduled for August 12, 2026, at 8:00 a.m. ET, al...
Etsy's CEO Kruti Patel Goyal highlighted the company's three-pronged AI approach: enhancing personalization, improving discoverability, and developing conversational shopping tools. This strategy has led to a sequential increase of 350,000 active buy...
Missouri voters decisively rejected Amendment 5, which would have ended the state's income tax and expanded sales taxes, due to concerns over tax burden shifts and program cuts. Etsy announced layoffs of about 220 employees, roughly 12% of its workfo...
Etsy announced layoffs affecting about 220 employees, or roughly 12% of its workforce, mainly in product and engineering teams. CEO Kruti Patel Goyal stated the cuts aim to simplify the organization and accelerate innovation to compete with giants li...
Etsy, the global marketplace for unique and creative goods, announced its financial results for the second quarter ended June 30, 2026. The company will host a webcast on August 6, 2026, to discuss these results and provide insights into its business...
