Etsy Stock: Q2 Earnings Solidified My Thesis

Aug. 11, 2022 2:24 AM ETEtsy, Inc. (ETSY) StockAMZN, ETSY1 Comment
Aamir Jaffer
256 Followers

Summary

  • In this article, I'll take a look at Q2 earnings and why it solidified my thesis.
  • I'll also take a look at Etsy's ads business, and why that will be a massive segment of growth as competition between sellers intensify.
  • Lastly, Etsy's ability to navigate through the macro headwinds and post better-than-expected numbers was also very impressive.
Woman buying custom and hand made jewelry online

grinvalds

Hook

As a shareholder of Etsy (NASDAQ:ETSY), I thought it would be great to review the company's most recent earnings. While I am a tad bit late, as the old saying goes: better late than never. With that being said, I will reiterate my "Buy" recommendation

This article was written by

256 Followers
I have been a retail investor since the 8th grade and have always been interested in understanding how businesses work and make money. I am a strong believer that behavior and discipline are far more important than intelligence and analysis. My favorite investing quote is "be greedy when others are fearful, and fearful when others are greedy". I believe in a disciplined approach to investing in the public markets where short-term declines present opportunities to buy wonderful businesses at a discount. I'm also an NFL nerd (Packers) and love snowboarding, camping, and the ocean (as you can see in my profile pic)!Also, as a working student, sometimes it is difficult for me to respond to comments in a timely manner. Please know that I will try my best to respond to as many comments as possible, and please don't take it personally if I don't respond or respond late. Anything I write about is strictly my opinion and should not be construed as investment advice. Please do your own research prior to making any investment decisions.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ETSY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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