My Food Bag Group Limited (MFB) Earnings Call Transcripts

My Food Bag Group Limited's Latest Earnings Call - May 20, 2026

My Food Bag Group Limited (MFB:NZ) reported its FY '26 financial results on May 20, 2026, with revenue of $170.2 million, reflecting a 5% increase year-over-year. EBITDA was $16.4 million, and net profit after tax rose to $6.7 million, up from $6.3 million in FY '25. Management maintained a gross margin of 49%, above the 5-year average, and declared a final dividend of $0.0115 per share, signaling confidence in cash generation despite rising costs. Looking ahead, revenue for the first seven weeks of FY '27 is up 5.1%, but management cautioned about increasing distribution and ingredient costs.

Reported metrics

Guidance from management

Management indicated that revenue for the first seven weeks of FY '27 is up 5.1% compared to the previous period. They are cautious about rising distribution and ingredient costs but are implementing measures to mitigate these impacts.

What management said

Well, thank you, and thank you to everybody for dialing in. That concludes our call today. Thank you for your support. And if there's any follow-up questions, please feel free to get in contact. We've got the e-mail address, ir@myfoodbag.co.nz. Have a great day.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of customer acquisition and retention in light of increasing costs. There were questions about the repeatability of marketing expenses and the impact of ingredient inflation on margins moving forward.

Main topics on the call

• Revenue Growth — My Food Bag reported revenue of $170.2 million for FY '26, which is a 5% increase compared to the previous year. CEO Mark Winter noted, "Momentum strengthened in the second half of the year with revenue increasing 6.3% c...
• Customer Retention and Engagement — Management highlighted improved customer retention and engagement, with frequency increasing to 5.5%. This was attributed to targeted marketing and health-focused offerings, which have driven higher order frequency among...
• Gross Margin Stability — The company maintained a gross margin of 49%, above the 5-year average of 48.5%. Louise Newsome, CFO, stated, "We mitigated these pressures through procurement initiatives such as direct sourcing relationships and recipe...
• Dividend Declaration — A final dividend of $0.0115 per share was declared, reflecting confidence in the company's cash generation capabilities. This brings the total FY '26 dividend to $0.019 per share, with an approximate yield of 10.1%.

Read the full My Food Bag Group Limited transcript (May 20, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 My Food Bag Group Limited earnings call transcripts on record, spanning May 21, 2025 to May 20, 2026. Based on this history, My Food Bag Group Limited reports semi-annually. The most recent call on file is dated May 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MFB

Exchange

NZSE

Country

NZ

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

4

First call

May 21, 2025

Most recent

May 20, 2026

Reporting cadence

semi-annually