Global Blue Group Holding ( (GB) ) has shared an update.
On April 10, 2025, Global Blue Group Holding AG released its monthly Tax Free Shopping business update for March 2025, revealing a softening in growth across Continental Europe and Asia Pacific. The global Issued Sales in Store increased by 2% year-on-year in March, down from 10% in February, influenced by less favorable exchange rates and the Ramadan calendar shift. In Continental Europe, sales rose by 7%, driven by a 9% increase in shoppers, although average spend per shopper decreased due to currency exchange impacts. In Asia Pacific, sales declined by 7%, with a notable drop in average spend per shopper, affected by a strong Yen and high comparison base. The announcement highlights mixed performances across key markets, with Spain showing strong growth, while Germany remained flat, and Japan and Singapore experienced declines.
Spark’s Take on GB Stock
According to Spark, TipRanks’ AI Analyst, GB is a Outperform.
Global Blue Group Holding presents a robust financial performance with significant revenue and profitability improvements, despite high leverage. The technical indicators suggest a positive momentum, although caution is warranted due to potential overbought conditions. Valuation is fair, but the absence of a dividend yield may deter income investors. The earnings call reflects optimism with growth and guidance, although certain risks like client loss and increased costs are present.
To see Spark’s full report on GB stock, click here.
More about Global Blue Group Holding
Global Blue is a business partner for the shopping journey, offering technology and services to enhance consumer experiences and improve performance. With over 40 years of expertise, the company connects retailers, acquirers, and hotels with nearly 80 million consumers across 53 countries, focusing on Tax Free Shopping, Payments, and Post-Purchase solutions. Global Blue, which employs over 2,000 people, generated €28 billion in Sales in Store and €422 million in revenue for the fiscal year 2023/24. It is listed on the New York Stock Exchange.
YTD Price Performance: 2.09%
Average Trading Volume: 713,497
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.47B
See more insights into GB stock on TipRanks’ Stock Analysis page.