My Food Bag Group Ltd
NZX:MFB
Gross Margin
My Food Bag Group Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| NZ |
M
|
My Food Bag Group Ltd
ASX:MFB
|
36.4m AUD |
23%
|
|
| ZA |
S
|
Shoprite Holdings Ltd
JSE:SHP
|
146.3B Zac |
24%
|
|
| CA |
|
Loblaw Companies Ltd
TSX:L
|
68.6B CAD |
32%
|
|
| US |
|
Kroger Co
NYSE:KR
|
49.1B USD |
23%
|
|
| CA |
|
Alimentation Couche-Tard Inc
TSX:ATD
|
66.4B CAD |
18%
|
|
| UK |
|
Tesco PLC
LSE:TSCO
|
27.9B GBP |
8%
|
|
| NL |
|
Koninklijke Ahold Delhaize NV
AEX:AD
|
31.6B EUR |
27%
|
|
| JP |
|
Seven & i Holdings Co Ltd
TSE:3382
|
5.2T JPY |
29%
|
|
| IN |
|
Avenue Supermarts Ltd
NSE:DMART
|
2.7T INR |
15%
|
|
| ZA |
P
|
Pick N Pay Stores Ltd
JSE:PIK
|
27B Zac |
18%
|
|
| AU |
|
Woolworths Group Ltd
ASX:WOW
|
38.6B AUD |
27%
|
My Food Bag Group Ltd
Glance View
My Food Bag Group Ltd. engages in e-Commerce with direct to consumer service for food and other household needs. The firm offers a range of meal kit bags in New Zealand under the My Food Bag, Bargain Box and Fresh Start brands. Every week its chefs and in-house nutritionist develop new recipes, building on its database of recipes. Customers can choose from the full My Food Bag brand portfolio, which includes a range of 12 bags with options for different numbers of people and nights per week, as well as dietary preferences or requirements. Bags are delivered direct to customers on a Saturday, Sunday or Monday depending on their location and preference. Its My Choice Bag offering provides customers with the flexibility to choose between three, four or five nights for two or four people, and pick their recipes from approximately 10 different options each week.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on My Food Bag Group Ltd's most recent financial statements, the company has Gross Margin of 22.6%.
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