Markets

Inflation eats My Food Bag’s sales boost

Dan Brunskill
Fri, 21 Jan 2022

Inflation eats My Food Bag’s sales boost

The company said it was already preparing for a likely surge in omicron cases. (Image: Facebook)

Dan Brunskill
Fri, 21 Jan 2022

Meal-kit company My Food Bag said sales in the quarter ended December were up 15% thanks to the success of its Christmas Box, but earnings guidance will remain unchanged.Sales of the holiday special were up almost 12% from the prior Christmas and the company said the feedback was “overwhelmingly positive”.My Food Bag said its orders from its new kitchen products range was growing and was helping add products, beyond meals, for customers.Adding more products and value to its current offering is key to My Food Bag’s strategy, wh...

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Inflation eats My Food Bag’s sales boost

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