Australia's Guzman y Gomez gains on strong quarterly results

Guzman y Gomez

09/10/2026 24:58

** Shares of Guzman y Gomez GYG.AX advance as much as 7% to A$28.99, their highest since August 28
** Stock up for a sixth consecutive session 
** Mexican-themed fast-food chain says network sales increased 18.8% to A$387.5 million ($269.66 million) in September quarter 
** GYG reaffirms annual guidance, expecting underlying EBITDA margins between 6.7% and 6.9%, mid-single-digit growth in comp sales
** Co intends to extend its share buyback beyond its current end date of October 23 after its last announcement that it will be buying back a further A$100 million of shares

        ** Stock up 25.8% YTD, including the session's moves

($1 = 1.4370 Australian dollars)

 (Reporting by Rudrannsh Mehra in Bengaluru)
 ((Rudrannsh.Mehra@thomsonreuters.com))