Etsy’s CEO shakeup, Kraft Heinz warns about US sales environment
October 29, 2025
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we are watching Etsy, Kraft Heinz and Teradyne. First up Etsy, the online marketplace announcing a C-suite shuffle, Chief Growth Officer Kruti Patel Goyal will replace Josh Silverman as CEO.
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Silverman’s been in that role for eight years. Goyal will take over the e-commerce business that has suffered slowing growth in recent years.
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Revenue projected to rise just 1% in 2025, a sharp deceleration from a pandemic fueled sales boom.
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Next up Kraft Heinz, the consumer giant lowering its sales outlook citing slower growth in emerging markets and pressure in US retail.
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The company CEO said he’s seeing the worst consumer sentiment in decades. He said that higher prices from inflation and expected headwinds from curtailed food food stamp funding were creating a tough environment.
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Kraft Heinz is still expected to split its business into two publicly traded companies. That’s likely to be completed in the second half of next year.
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And finally Teradyne, it’s the maker of test systems for semiconductors and robotics that beat quarterly earnings expectations. The company also issued a strong outlook.
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Teradyne expects revenue between $920 million and a billion dollars for the current quarter. That’s well above the $816 million that analysts had forecast. Investors can thank it artificial intelligence, no surprise.
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The third quarter growth came primarily from system on a chip solutions for AI applications and strong results in memory. Those shares up 15%.
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