Australia's Guzman y Gomez hits record low on slower start to FY26, US losses

Guzman y Gomez

22/08/2025 02:31

** Guzman y Gomez GYG.AX slides as much as 21.5% to record low of A$22.74; marks weakest trading session ever

** Quick service restaurant chain posts FY operating losses for U.S. segment; sees losses deepening further in FY26

** Says network sales in Australia rose 3.7% in first seven weeks of current business year, sharply lower than Visible Alpha consensus of 7.6% growth over first-half

** About 753,088 shares traded, 3.6x the 30-day average

** YTD, GYG falls ~43%

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))