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Etsy vows to stay ‘nimble’ amid tariff fallout and ‘fluid’ consumer confidence - MarketWatch

1. Etsy's Q1 revenue rose 0.8% to $651.12 million, exceeding estimates. 2. Gross merchandise sales fell 6.5% year-over-year, aligning with expectations. 3. Etsy reported a net loss of $52.1 million due to an impairment charge. 4. Future GMS declines might improve slightly in Q2, maintaining 23.3% take rate. 5. Etsy remains cautious amid global tariffs and fluctuating consumer confidence.

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FAQ

Why Bearish?

Etsy reported a net loss and declining gross merchandise sales. Historically, losses often lead to stock price declines.

How important is it?

The article highlights critical financial performance metrics influencing investor sentiment and stock valuation.

Why Short Term?

Immediate reactions to earnings reports typically influence stock prices sharply. Investors may adjust their positions based on quarterly performance.

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