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Below-forecast earnings erode Pick n Pay shares – Business Day

Below-forecast earnings erode Pick n Pay shares – Business Day

While local food retailers have seen a general decline in their share prices in the past month, Pick n Pay has been the hardest hit. Its share price has retreated just more than 13% in April, with most of the movement sparked by the release of the company’s 2017 annual results. Simon Anderssen comments.
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