Global Blue Group Q3 2024 Earnings Report

Global Blue Group EPS Results

• Actual EPS: $0.04
• Consensus EPS: $0.07
• Beat/Miss: Missed by -$0.03
• One Year Ago EPS: N/A

Global Blue Group Revenue Results

• Actual Revenue: $117.81 million
• Expected Revenue: $121.73 million
• Beat/Miss: Missed by -$3.92 million
• YoY Revenue Growth: N/A

Global Blue Group Announcement Details

• Quarter: Q3 2024
• Date: 2/23/2024
• Time: N/A

Global Blue Group (NYSE:GB), together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS). It offers TFSS, a value added tax (VAT) refund service that allows eligible shoppers to reclaim VAT on goods purchased outside of their home country; and intelligence and marketing services. The company also provides AVPS, a service which enables customers to pay in their choice of preferred currency, home or destination, and at the point of sale (POS) when shopping outside of their home country under the Dynamic Currency Choice and Currency Select brands. In addition, it offers currency conversion services for POS, e-commerce return solutions, dynamic currency conversion (DCC) services, and DCC services at ATMs, as well as multi-currency processing services for online retailers. Further, the company provides ZigZag, a technology platform that fully digitalizes the eCommerce returns experience and enhances the process for both retailers and consumers; Yocuda that enables retailers to send digital receipts to their customers; and ShipUp, a post-purchase engagement solution for online purchases enabling brands to deliver seamless, proactive, and branded post-purchase communication. Global Blue Group Holding AG was founded in 1980 and is headquartered in Wangen-Brüttisellen, Switzerland.