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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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businessday.co.za
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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…
- ·
WATCH | Legal provision weighs on Spur’s earnings
Business Day TV speaks to Val Nichas, CEO of Spur Corporation, about the results and what they reveal about consumer spending.