Key facts
- Spar's share price has declined significantly.
- The company's stock has reached 2008 levels.
- There are concerns about Spar's operating margins.
- Spar aims to achieve an operating margin of 3%.
Spar, a major grocery wholesaler, is facing significant challenges that have driven its stock price down to a 16-year low. The company's ability to return to its target operating margin of 3% is now in question, indicating potential underlying issues with its business model or market conditions.