Etsy beats quarterly revenue estimates on strong demand


Etsy logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration

-Etsy beat Wall Street expectations for second-quarter revenue on Wednesday, helped by strong demand for handcrafted goods and personalized gifts sold at the online marketplace, sending the company's shares up about 3% in premarket trading.

Concerns about inflation, triggered by U.S. President Donald Trump's tariff policies, have pressured consumer spending, but Etsy was able to draw in more shoppers as it offers products at a cheaper price, due to the low listing fees it charges sellers.

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