Welcome to our dedicated page for Etsy news (Ticker: ETSY), a resource for investors and traders seeking the latest updates and insights on Etsy stock.
Etsy, Inc. reports developments tied to its two-sided online marketplaces, including Etsy.com for unique and creative goods and Depop for fashion resale. Company news commonly addresses operating and financial results, gross merchandise sales trends, buyer and seller engagement, seller tools and services, and the product, marketing, technology, and customer support expertise shared across its marketplace portfolio.
Recurring updates also include shareholder letters, investor conference participation, governance and executive-team matters, capital-structure disclosures, and business portfolio changes such as the completed sale of Reverb.
Etsy, Inc. (NASDAQ: ETSY) reported its Q1 2022 results, showing consolidated Gross Merchandise Sales (GMS) of $3.3 billion, a 3.5% year-over-year increase. However, Etsy marketplace GMS fell by 2.0% year-over-year to $2.8 billion due to macroeconomic headwinds. Revenue rose by 5.2% to $579.3 million, yet net income declined by 40.1% to $86.1 million, primarily due to increased employee compensation costs. The company continues to invest in product and marketing to enhance buyer engagement, while facing uncertainty in consumer spending and geopolitical events.
Bakkt Holdings, Inc. (NYSE: BKKT) has appointed De’Ana Dow and Jill Simeone to its Board of Directors, expanding its board to ten members. Dow, partner and general counsel at Capitol Counsel, brings extensive expertise in financial markets and regulatory matters, having worked with the Commodity Futures Trading Commission. Simeone, Chief Legal Officer at Etsy (NASDAQ: ETSY), has significant experience in corporate governance and risk management. The addition is expected to enhance Bakkt's strategic initiatives and deepen the board's expertise in financial and retail sectors.
Etsy, Inc. (Nasdaq: ETSY) plans to release its first quarter financial results on May 4, 2022, after market close. The results will be accessible via the Etsy Investor Relations website. A video webcast conference call is scheduled for the same day at 5:00 p.m. ET, where participants can submit questions through a chat window. A replay will be available by 8:00 p.m. ET. Etsy connects millions of buyers and sellers globally, focusing on unique and creative goods through its primary marketplace, Etsy.com, and other platforms like Depop and Reverb.
Etsy, Inc. has announced leadership changes to enhance its executive team. Raina Moskowitz has been promoted to Chief Operating Officer, effective immediately, to oversee marketplace services and critical revenue functions. Kim Seymour will join as Chief Human Resources Officer on April 26, 2022, bringing over two decades of experience in organizational design. The changes aim to strengthen Etsy's growth opportunities and maintain its commitment to a human-centered commerce approach. CEO Josh Silverman expressed confidence in both leaders to drive success in their new roles.
Etsy, Inc. (Nasdaq: ETSY) announced its participation in several upcoming investor events. Executives will present at Canaccord's eCommerce Sustainable Advantage Virtual Forum on March 24, 2022, at 12:00 p.m. ET, with a live webcast available on Etsy's investor relations site. Additionally, Etsy will participate in the D.A. Davidson 5th Annual Consumer Growth Conference on March 10, 2022, and the Deutsche Bank's 30th Annual Media, Internet, and Telecom Conference on March 15, 2022. Etsy continues to connect creative buyers and sellers globally, maintaining its mission to 'Keep Commerce Human.'
Etsy, Inc. announced strong fourth quarter and full year 2021 financial results, showcasing record GMS of $4.2 billion, up 16.5% YoY. Revenue reached $717.1 million, a 16.2% increase, with net income of $161.6 million. The company acquired 10 million new buyers and saw significant growth in habitual buyers, up 26% YoY. Despite a decrease in paid channel GMS, non-U.S. GMS rose 20%. Etsy's transaction fee will increase from 5% to 6.5% in April 2022 to fund marketing and seller tools. The company projects Q1 2022 consolidated GMS between $3.2B and $3.4B.
Etsy, Inc. (Nasdaq: ETSY) will release its fourth quarter and year-end 2021 financial results on February 24, 2022, after market close. Investors can access the press release on the Investor Relations website.
A video webcast conference call will take place at 5:00 p.m. Eastern Time on the same day to discuss the results. A replay will be available at 8:00 p.m. Eastern Time and for three months thereafter.
Etsy, Inc. (NASDAQ: ETSY) reported strong Q3 2021 results with consolidated Gross Merchandise Sales (GMS) of $3.1 billion, a 17.9% increase year-over-year. The Etsy marketplace GMS reached $2.7 billion, rising 12.4% year-over-year. Revenue hit $532.4 million, also up 17.9%, though net income decreased by 2% to $89.9 million due to acquisition-related expenses. Active sellers doubled to 7,461, while active buyers grew 37.8% to 95,982. Looking ahead, Etsy projects Q4 GMS between $3.9 billion and $4.1 billion, anticipating strong holiday performance.
Etsy, Inc. has appointed Marla Blow to its Board of Directors, effective November 30, 2021. This brings the Board's total to nine members. Marla currently serves as President and COO of the Skoll Foundation and has held significant positions at Mastercard and FS Card Inc. CEO Josh Silverman expressed enthusiasm about Marla's experience in payments and social impact, believing her skills will help Etsy in advancing its mission to support creative entrepreneurship. Marla emphasized the importance of economic inclusion and aims to strengthen Etsy's community-focused strategy.
Etsy, Inc. (Nasdaq: ETSY) will release its third quarter 2021 financial results on November 3, 2021, after market close. Investors can access the press release on the Etsy Investor Relations website. A video webcast to discuss the results will take place at 5:00 p.m. ET on the same day. Participants can submit questions during the call via the Q&A chat window. A replay will be available starting at 8:00 p.m. ET for three months. Etsy connects millions of buyers and sellers globally, focusing on unique and creative goods.