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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
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