Etsy Inc
ETSY: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| vP# | LOCK|BjPV | LOCK|WZh!KJ |
Etsy Earnings: Investments Starting to Yield Positive Results and Support Its Network Edge
Etsy's revenue increased 3.8%, as a 4.8% decrease in gross merchandise sales was more than offset by an expansion in the firm's take rate, which clocked in at 24% (up 200 basis points from a year ago). EBITDA margins contracted 260 basis points to 25.1%.
