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Kick in the ribs: lawsuit bites into Spur’s profit

Business Day ·
Kick in the ribs: lawsuit bites into Spur’s profit

Spur reported a significant drop in profit for the 2026 financial year due to a major ribs lawsuit with GPS Food Group, resulting in a 38% fall in headline earnings per share and a 19.4% decrease in profit before tax

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.businesslive.co.za — the content belongs to Business Day.

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