{"id":403402,"date":"2026-04-29T14:54:30","date_gmt":"2026-04-29T14:54:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/403402\/"},"modified":"2026-04-29T14:54:30","modified_gmt":"2026-04-29T14:54:30","slug":"my-food-bag-review-after-strong-sales-helps-profit-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/403402\/","title":{"rendered":"My Food Bag review after strong sales helps profit growth"},"content":{"rendered":"

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Photo:\n<\/p>\n

Meal kit provider My Food Bag is reviewing the company’s recent performance<\/a> which is yet to be reflected in its share price.<\/p>\n

“As the review gets underway, the board wishes to confirm that there is no certainty that any transaction involving My Food Bag will eventuate,” the company said in a statement to the market, adding that its financial adviser Cameron Partners would lead the review.<\/p>\n

“Rather, one option from the review is for My Food Bag to continue to grow in its current form as an NZX-listed company,” it said.<\/p>\n

The company’s share price rose 8 percent following the announcement.<\/p>\n

A recent update in March indicated the company had seen strong second half sales, with a full year net profit forecast to be between $6.4 million and $6.8m for the ended March. The full results will be released next month.<\/p>\n

Sign up for Ng\u0101 Pitopito K\u014drero<\/a>, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.<\/p>\n","protected":false},"excerpt":{"rendered":"Photo: Meal kit provider My Food Bag is reviewing the company’s recent performance which is yet to be…\n","protected":false},"author":2,"featured_media":403403,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[48,138,47,111,43,139,69,49,46,44,45],"class_list":["post-403402","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-audio","tag-business","tag-current-affairs","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-podcasts","tag-public-radio","tag-radio-new-zealand","tag-rnz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/403402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=403402"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/403402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/403403"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=403402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=403402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=403402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}