'When the CDC changed its [face mask] guidelines ... we all of a sudden saw overwhelming amounts of demand come on to our site,' Etsy CEO Josh Silverman told CNBC.
Etsy also saw bright spots in the home furnishing, toys, games and gardening departments during the month. Those sales results are a snapback from a tough month of March when sales were 20% in the negative, Silverman revealed.
Etsy reported a mixed first quarter on Wednesday. The company brought in $228 million in revenues, beating Wall Street estimates, but missed the bottom line by 8 cents per share, posting 10 cents of earnings per share. Business grew nearly 35% year over year in the quarter ended March 31. "Weddings would normally be a huge category for us in the month of April and for our sellers in the month of April," Silverman said. "Weddings is down more than 50% year over year, but many other categories are doing absolutely fantastic."
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