Etsy Stock Falls on Revenue Miss. ‘Significant’ Headwinds Hit Gross Merchandise Sales. - Barron's

1. Etsy's Q4 revenue of $852.2 million missed estimates by over $9 million. 2. Gross merchandise sales (GMS) declined 8.6% YoY to $3.3 billion. 3. CEO indicated significant headwinds for GMS in 2024 due to spending pressures. 4. Competitive retail landscape and holiday season comparisons challenge growth outlook. 5. Stock fell 5.9% in premarket trading following the earnings report.