Etsy, a website where people buy and sell handmade goods, had a bit of a slow holiday season. They didn't sell as much as they expected, and their share prices went down a little. This is because people are spending less money due to rising prices.
- Etsy's sales were lower than predicted.
- Competition from other online stores made things tougher.
- People are buying fewer non-essential items because of higher prices.
| Fact | Number |
|---|---|
| Etsy's expected sales | $3.88 billion |
| Etsy's actual sales | $3.74 billion |
| Etsy's expected earnings per share | $0.93 |
| Etsy's actual earnings per share | $1.03 |
