Description: A slowed economy may be stressing consumers out about some kinds of discretionary shopping, but not at Etsy. The online marketplace posted results that beat expectations, including record revenue. And in a twist that shows how the Brooklyn-based company continues to broaden its appeal beyond pandemic masks and Christmas ornaments, it says a quarter of its customers are now men.
Source: MediaPost.com
Date: Feb 23, 2023
Questions for discussion:
- Why should Etsy’s growth be interesting to investors?
- How would you assess an Etsy investment at this time?
- Would you recommend buying now, based on these results?
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