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Here's Why Etsy's Double-Digit Revenue Growth Might Come at a Cost

TheMotleyFool

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Here's Why Etsy's Double-Digit Revenue Growth Might Come at a Cost: https://g.foolcdn.com/editorial/images/722358/opening-online-shopping-pet.jpg

In the fourth quarter of 2022 ended Dec. 31, Etsy's (NASDAQ: ETSY) revenue increased 12.6% year over year to $807.2 million, beating Wall Street forecasts. And for the full year of 2022, sales were up 10.2% to just under $2.6 billion. These impressive gains were on top of 35% revenue growth in 2021.

A double-digit, top-line increase is certainly positive news for shareholders, especially in an uncertain economic environment where many experts are predicting a recession in 2023. However, shareholders need to pay attention to what's happening beneath the surface.

Here's why this top e-commerce business's strong revenue growth might come at a real cost.

Source Fool.com

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