JSE-listed Blu Label Unlimited Group on Friday reported that it expects a significant decline in earnings for the year ended May 31, 2026. In a trading update to shareholders, the company warned that earnings per share (EPS) for the year under review is expected to plunge more than 100% to a loss of between 536.96 c and 542.5 c, compared with EPS of 276.52 c in the prior year.

The company expects earnings per share, headline earnings per share and core HEPS to fall by more than 20% for the year ended 31 May.

JSE-listed Blu Label Unlimited Group on Friday reported that it expects a significant decline in earnings for the year ended May 31, 2026. In a trading update to shareholders, the…