{"id":491947,"date":"2026-02-20T07:54:10","date_gmt":"2026-02-20T07:54:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/491947\/"},"modified":"2026-02-20T07:54:10","modified_gmt":"2026-02-20T07:54:10","slug":"aussie-burrito-chain-suffers-200-million-hit-despite-18-per-cent-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/491947\/","title":{"rendered":"Aussie burrito chain suffers $200 million hit despite 18 per cent growth"},"content":{"rendered":"

Popular burrito chain Guzman y Gomez has suffered a multimillion-dollar hit after its half-yearly earnings were not as strong as expected.<\/p>\n

The Australian<\/a> company<\/a> released its half-yearly results today, reporting $682 million in sales and earnings before interest, taxes, depreciation and amortisation (EBITDA) of $33 million \u2013 both significant increases from the same time last year.<\/p>\n

However, following the results, its share price on the ASX dropped about 10 per cent. With a market capitalisation of around $2.1 billion, that represents a hit of more than $200 million.<\/p>\n

Guzman y Gomez’s share price has more than halved in the last 12 months. (Instagram)<\/p>\n

GYG’s sales grew 18 per cent compared to the first half of the last financial year, however analysts had expected that figure to come in at 19 per cent.<\/p>\n

The company’s share price has plummeted from around $38 a year ago to about $18 today \u2013 far lower than the $22 offered when it was first listed on the ASX in 2024<\/a>.<\/p>\n

However, Guzman y Gomez said the results were positive, pointing to growing sales and 17 new restaurants opened around the world, keeping its expansion plans on track.<\/p>\n

\"CustomersThe company is still confident of success despite the setback, planning to open more than 30 new stores in Australia. (Guzman y Gomez\/Facebook)<\/p>\n

“We continue to have extremely healthy restaurant economics and share our success with our franchisees,” CEO Steve Marks said.<\/p>\n

“GYG achieved solid sales momentum and earnings growth during the half, driven by\u2026 our team’s consistent execution on core strategic and operational initiatives.”<\/p>\n

The company expects to open 32 more restaurants in Australia in the current financial year.<\/p>\n

NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"Popular burrito chain Guzman y Gomez has suffered a multimillion-dollar hit after its half-yearly earnings were not as…\n","protected":false},"author":2,"featured_media":491948,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":{"0":"post-491947","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/491947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=491947"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/491947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/491948"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=491947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=491947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=491947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}