Here is how Etsy (ETSY) and Movado (MOV) have performed compared to their sector so far this year.
Here is how Etsy (ETSY) and Macy's (M) have performed compared to their sector so far this year.
Etsy, Inc. (ETSY) Presents at Canaccord Genuity's 46th Annual Growth Conference Transcript
Etsy NYSE: ETSY reported accelerating second-quarter marketplace growth, raised its full-year 2026 outlook and authorized a new $2 billion share repurchase program, while also announcing a restructuring that will reduce its workforce by roughly 12%.
Etsy, Inc. reported a good double beat in Q2, but the stock reacted negatively. GMS on Etsy has inflected positively, currently hidden by the divestments of Reverb and Depop. ETSY's outlook is now good, driven by GMS growth, a stable take rate, and cost efficiencies.
August is only one week old, but the month has already seen layoffs at a number of high-profile tech companies.
Etsy lifts its 2026 growth outlook as search, personalization and marketing improve GMS, while restructuring targets faster product execution.
Etsy remains a buy after a post-earnings dip, with strong Q2 results and a healthy guidance raise supporting the investment thesis. ETSY's 12% headcount reduction and $2B buyback authorization signal a commitment to operational efficiency and capital return. Standalone Etsy GMS accelerated to 7.5% y/y growth, aided by higher average order values and increased active buyers.
Etsy, Inc. (ETSY) Q2 2026 Earnings Call Transcript
Etsy's Q2 earnings top estimates as GMS, ads and operating leverage fuel growth, while stronger margins support a raised 2026 outlook.
Etsy CEO Kruti Patel Goyal said during a second-quarter earnings call Thursday (Aug. 6) that the company is applying artificial intelligence in three distinct ways: making Etsy more personal, making Etsy more discoverable, and learning how the next generation of shopping will work through native conversational tools.
Etsy (ETSY) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.25 per share a year ago.