Australia's Guzman Y Gomez hits near 10-month high on stronger annual numbers
BUZZ-Australia's Guzman Y Gomez hits near 10-month high on stronger annual numbers ** Shares of Australia's Guzman Y Gomez GYG.AX rise as much as 12.8% at A$27.000, their highest level since October 31, 2025
** Stock posts its strongest intraday session since July 28
** The Mexican-themed fast-food chain posts full-year net profit after tax of A$53.4 million ($38.03 million), compared with A$41.2 million a year ago
** Company posts revenue from ordinary activities from continuing operations of A$520.4 million, up 22% from A$427.1 million the previous year
** Analysts at Citi say underlying NPAT was ahead of Visible Alpha Consensus of A$19 million, driven by the co discontinuing its US operations
** Stock up 18.2% YTD, including sessions' moves
($1 = 1.4043 Australian dollars)
(Reporting by Shravya Marakini in Bengaluru)
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