3 Metrics That Prove Etsy's Moat Is Growing
Etsy (NASDAQ: ETSY), the online marketplace for vintage and handmade goods, reported second-quarter results on Aug. 4 that exceeded Wall Street's estimates. But the stock dipped as much as 13% following the news as investors weren't pleased with management's sales forecast for the current quarter.
It's only natural that Etsy, like many other e-commerce businesses, will experience a slowdown as economies reopen and consumers resume normal spending patterns outside of a global pandemic. But rest assured, if we look past the market's immediate reaction, we'll find a company that is doing just fine.
Here are three key metrics showing that Etsy's moat is only growing larger.
Source Fool.com
