Etsy Is Gearing Up for the Holidays
Etsy (NASDAQ: ETSY) reported stellar third-quarter results after the bell on Nov. 3. Sales of $532.4 million and diluted earnings per share of $0.62 both crushed Wall Street's estimates, and the stock price popped more than 15% during the following trading day.
The business is finding ways to continue its strong momentum following the remarkable triple-digit percentage revenue gains experienced as a result of the pandemic. The upcoming holiday season will provide a near-term tailwind for customer demand.
Etsy is making all the right moves to be fully prepared for what has historically been its most important quarter of the year. Like a kid on Christmas morning, shareholders have a lot to be excited about.
Source Fool.com
