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Reuters

Reuters

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Business & Economics

Etsy misses holiday-quarter sales estimates, shares fall

Reuters
Summary
Nutrition label

82% Informative

Etsy missed Wall Street estimates for holiday-quarter revenue and gross merchandise sales.

Sticky inflation and competition from other online shopping platforms such as Amazon.com and PDD Holdings' Temu have hurt Etsy 's revenue.

Company also forecast first-quarter GMS to decrease 6.8% from a year earlier .

VR Score

93

Informative language

99

Neutral language

81

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

Source diversity

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