Guzman y Gomez's Sales Sizzle in 3Q -- Market Talk
Dow Jones
Apr 07
0029 GMT - Mexican food chain Guzman y Gomez serves up a treat with its 3Q sales, sending its shares 17% higher. GYG said comparable sales in Australia rose 6.6% in the latest quarter. RBC Capital Markets says this is stronger than expected and represents an acceleration on the 4.8% growth in 2Q. "With RBC and consensus forecasting 4.87% and 5.13% respectively for 2H26, and in the context of an easier 8.3% comp for 4Q25, we anticipate today's update will drive upgrades to consensus comp sales and group earnings forecasts for Australia," analyst Michael Toner says. GYG was recently at A$17.82. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
April 06, 2026 20:29 ET (00:29 GMT)
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