Not My Cover Drive: Etsy's Earnings Miss
Alright folks let's talk Etsy. You know the place where you can find well *unique* stuff. Turns out their first quarter was a bit like a mistimed hook shot – didn't quite go where they wanted. They made 46 cents a share adjusted. Not bad but the experts thought it'd be 49. Shares took a bigger hit than my stumps after a Jasprit Bumrah yorker! Down over 9%. Ouch. This is not ideal not ideal at all.
Revenue: A Glimmer of Hope or Just a Late Cut?
Here's the thing though their revenue was actually *better* than expected. $651.2 million beating the $643 million analysts predicted. So a bit like hitting a boundary after getting dropped – it helps but doesn't erase the earlier mistake. But like I always say you miss 100% of the shots you don't take. And Etsy took a shot...that just wasn't timed perfectly. This reminds me of 2014 England tour started bad had it's moments but... we know how it ended.
Trump's Tariffs: The Bouncer We Didn't See Coming
Seems like a certain someone's tariffs are messing things up for everyone. Etsy's CEO is saying they're less reliant on China now but CFO Lanny Baker's all about 'staying nimble'. Translation: they're trying not to get hit in the face by these economic bouncers. They've even got a 'small operational task force' for this...sounds like a team of fielders trying to stop a rampaging Hardik Pandya. The interesting thing is like Trump said 'China is losing so much more than we are' but Etsy doesn't seem to agree.
Reverb's Exit: A Strategic Retreat or a Bad Call?
Etsy sold off Reverb their musical instrument marketplace. Apparently they want to focus on their 'core marketplace' and Depop (secondhand platform). It’s like deciding to open only one restaurant out of two. It is a bit like me deciding to just focus on batting and giving up captaincy. I mean look where that got me?! Time will tell if this was a smart move or a strategic blunder. One thing is for sure like I said 'You should never compare yourself to Sachin Tendulkar'.
GMS and the Seller Exodus: Trouble in the Stands?
Gross Merchandise Sales (GMS) a fancy way of saying 'how much stuff they sold' is down. And active sellers are leaving the platform faster than I run between the wickets! Buyers are also decreasing which is a worrying sign. It is a 'wake up call' moment. Etsy is trying to reposition itself. Hopefully they'll find their groove but right now it looks like they're facing a tricky spell from a quality bowling attack...perhaps with the likes of Bumrah or Rabada!
Amazon Temu Shein and TikTok: The Opposition is Onslaught
The e commerce game is getting tougher. Amazon Temu Shein TikTok Shop. This is a serious onslaught a proper barrage of short pitched deliveries aimed at Etsy's head. I guess Etsy needs to get their act together just like I had to when people thought I was past my prime. They need to find that fire that passion that 'never give up' attitude that made me who I am. Otherwise they might just get bowled out. 'Self belief and hard work will always earn you success.' or will it? Only time can tell!
Etsy stock market e-commerce revenue earnings tariffs consumer confidence marketplace growth competition
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wmx777
I'm moving my shop to Temu. Better deals!
primetime
I love Etsy, but the shipping costs are insane!
ai514
Is it just me, or is everything on Etsy overpriced?
dsecpro
The tariffs are killing small businesses. So Sad!
goldenbird
I'm buying less online these days due to recession fears.
paytonbriana
They should partner with Virat Kohli! Instant credibility!
Briauna
Etsy needs to innovate! It's getting stale!
Freckles
Maybe they should focus on quality over quantity.