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Hot Topic Budget 25
Investment
3 mins to read

Consumer spending not getting worse, but still tough: My Food Bag

Listed food delivery company’s share price up 7% on slight profit lift.

Key points
  • Revenue: Flat at $162.1 million.
  • Profit: Up 5% to $6.3m.
  • Main takeaway: There are signs that a 5% uplift in demand in the second half of last year is sustaining into 2026. 

The boss of My Food Bag says the consumer spending environment is “still tough” but he does not think it will get any worse.

Mark Winter made the comment after the listed food delivery company today delivered a 5% increase in net profit after tax to $6.3 million.

That was on the back of a slight

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Hamish McNicol Thu, 22 May 2025
Contact the Writer: Hmcnicol@nbr.co.nz
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Key points
  • Revenue: Flat at $162.1 million.
  • Profit: Up 5% to $6.3m.
  • Main takeaway: There are signs that a 5% uplift in demand in the second half of last year is sustaining into 2026. 
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Consumer spending not getting worse, but still tough: My Food Bag
Investment,
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true