Guzman y Gomez Shares Plunge as Sales Growth Slows in Australia

The seven weeks that scared the sombreros off Guzman y Gomez investors

The Mexican-themed fast food chain’s founder, Steven Marks, insists that big plans are on track, despite slower sales growth. Investors are a lot less convinced.

Guzman y Gomez Shares Plunge as Sales Growth Slows in Australia

Shares of Guzman y Gomez Ltd. tumbled by the most since its Sydney listing last year after the Mexican-themed fast-food chain flagged a sales slowdown in its Australian restaurants.

Why Guzman Y Gomez, Inghams, Monash IVF, and Skycity shares are sinking today

The S&P/ASX 200 Index (ASX: XJO) is out of form and on course to end the week in the red. In afternoon trade, the benchmark index is down 0.35% to 8,986.4 points. Four ASX shares that are falling more than most today are listed below. Here's why they are dropping: Guzman Y Gomez Ltd (ASX: GYG) The Guzman Y Gomez share price is down 23% to $22.19. This follows the release of the quick service restaurant operator's full year results. Guzman Y Gome…

Guzman y Gomez Shares Plunge After Disappointing Results

Shares in Guzman y Gomez (GYG) plummeted 18.2 per cent to $23.70 at 10.25am AEST, hitting a 52-week low of $23.26 earlier in the session, marking its lowest price since listing. This sharp decline followed an earnings result that significantly missed analyst expectations. RBC Capital Markets analyst Michael Toner highlighted that underlying earnings of $52.8 million were 7.5 per cent below RBC’s forecasts and 3.1 per cent below consensus estimat…

Guzman Y Gomez released FY25 results! The company claimed they were spectacular, but investors disagreed

Guzman y Gomez (ASX:GYG) released FY25 results and it seems there is a disconnect between how the company’s management thinks things are going and what investors think. Or maybe investors realised the stock was overpriced to begin with…yes, even with ‘record results’. Either way, shares fell 20% and we thought we’d try to make sense…