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Etsy Focuses on Personalization Amid ‘Highly Fluid' Trade Situation
ETSYEtsy(ETSY) PYMNTS.com·2025-05-01 02:15

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 2.8billiondown6.52.8 billion down 6.5% year-over-year and down 5.7% on a currency-neutral basis.GMS for the Etsy marketplace fell 8.9% — 8.1% on a currency-neutral basis — to 2.3 billion, while the number of active buyers on the platform dipped 3.4% to 88.5 million.“The macroeconomic backdrop has b ...