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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
1 mins to read

Good Spirits cites minimum wage as factor in profit drop

Chef shortage and increased competition also cause trouble in the bar business.

Andrew Bevin Fri, 28 Feb 2020

NZX-listed pub company Good Spirits Hospitality is blaming softer trading conditions, minimum wage increases and new accounting standards for a 52% drop in half year profit and weaker full-year outlook.

Previously known as Veritas Investments, the company owns The Better Bar Company, which runs

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Andrew Bevin Fri, 28 Feb 2020
Contact the Writer: andrew@nbr.co.nz
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Good Spirits cites minimum wage as factor in profit drop
General Business,
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