Ecommerce Industry News
Etsy reported financial results for the second quarter 2018 today. Gross Merchandise sales grew 20.4%, and revenue grew 30.2%. The company also raised its guidance for the year. Excerpt of press release follows: Etsy, Inc., […]
Etsy held its annual shareholder meeting this morning. It webcast the event, but only shareholders as of the record date were allowed to attend the virtual meeting. We checked in with Etsy Investor Relations, and […]
Etsy grew Gross Merchandise Sales (GMS) by nearly 18% in the first 3 months of 2018. Specifically, Etsy GMS grew 19.8% year-over-year, or 17.6% on a currency-neutral basis. Etsy saw a 9.4% year-over-year growth in […]
Etsy grew GMS (Gross Merchandise Sales) by nearly 18% in the fourth quarter of 2017 to $1 billion, the first quarter to reach the billion-dollar milestone. Etsy CEO Josh Silverman said the marketplace was able […]
Etsy announced a $100 million stock repurchase program, saying it would help offset the dilution of recent and future employee stock option exercises and restricted stock vesting. It will be funded from Etsy’s existing cash […]
Etsy grew sales on its marketplace by 13.2% in the third quarter (July, August, September) compared to the third quarter of 2016. It reported $26 million in net income for the quarter, and it said […]
Etsy Gross Merchandise Sales (GMS) was up 11.7% in the second quarter (April, May, and June) compared to the same quarter last year. The company did a better job of growing its own bottom line […]
Etsy announced third quarter 2016 earnings on Tuesday. An abbreviated version of its press release follows. You can view the full release on Etsy’s investor relations website. Etsy, Inc., which operates markets where people around […]
Etsy grew sales (GMS) 22.6% to $669.7 million in the second quarter – meaning sellers saw sales growth and new sellers came on board. But the company did better than sellers – it grew its […]
Etsy grew sales 18% in the first quarter and grew its own revenue 40% – indicating sellers are paying proportionately more to Etsy for sales than they had in the past. PayPal integration with Direct […]