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Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump's tariffs.
ETSY's first-quarter 2025 revenues beat estimates with ad and payments growth, but GMS and Marketplace sales dip, signaling mixed momentum ahead.
Etsy is focusing on personalization efforts amid what its CEO calls a “challenging” macroeconomic environment. The eCommerce website reported earnings on Wednesday (April 30) showing consolidated gross merchandise sales (GMS) of $2.8 billion down 6.5% year-over-year and down 5.7% on a currency-neutral basis.
Etsy, Inc. (NASDAQ:ETSY ) Q1 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Deb Wasser - VP of IR Josh Silverman - CEO Lanny Baker - CFO Kruti Patel Goyal - Chief Growth Officer Conference Call Participants Shweta Khajuria - Wolfe Research Bryan Smilek - JPMorgan Nikhil Devnani - Bernstein Bernard McTernan - Needham Michael Morton - MoffettNathanson Ken Gawrelski - Wells Fargo Deepak Mathivanan - Cantor Fitzgerald Ygal Arounian - Citi Deb Wasser Hi, everyone, and welcome to Etsy's First Quarter 2025 Earnings Conference Call. I'm Deb Wasser, VP of Investor Relations.
Here's our initial take on Etsy's (ETSY -7.07%) fiscal 2025 first-quarter financial report.
Although the revenue and EPS for Etsy (ETSY) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Etsy (ETSY) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.48 per share a year ago.
“The first quarter of 2025 played out largely as expected,” Etsy said.
Online marketplace Etsy beat Wall Street estimates for first-quarter revenue on Wednesday, signaling steady demand for gifts and handcrafted goods as well as its resale apparel platform, Depop.
Etsy shares jumped in premarket trading on Wednesday after the company posted better-than-expected revenue for the first quarter. In this article ETSY