Passover
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Aug 27, 2026
14:03ICE

Business
Shufersal's profit plunges 31% due to Passover timing
Israel's largest retail chain closed the quarter with a 7.5% decrease in revenue and an erosion of profitability, but most of the gap stems from the fact that the entire impact of the Passover holiday was attributed this time to the first quarter. The board of directors announced a dividend of 180 million shekels.
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