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Guzman y Gomez

December 2024

BBrian Benari is the chief executive of Barrenjoey. The firm told staff it expects revenue will grow by 13 per cent in the coming year.

Barrenjoey tells staff to expect revenue bump as rivals circle

At least two rival investment banks said that they had recently held discussions with some of the local investment advisory and markets firm’s employees.

  • Updated
  • Jemima Whyte
Collins Foods, which operates 285 of the 750 KFC outlets in Australia, says profit margins will be under more pressure over the next six months.

Making money from $8 burgers gets harder for KFC

Rising wages costs and energy bills at a time of consumer cutbacks crunched profits at Collins Foods, which operates 285 of the 750 KFC outlets in Australia.

  • Simon Evans

November 2024

Melbourne United’s Matthew Dellavedova drives to the basket against Adelaide.

This VC for elite athletes is launching its first fund

Street Talk understands Athletic Ventures has already received commitments exceeding $20 million from more than 50 athletes including Matildas star Sam Kerr.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Shares in Mexican fast food chain Guzman y Gomez have rocketed since going public in June.

Domino’s shares more attractive than Guzman y Gomez: Morningstar

The investment research house has tipped the embattled pizza seller and Endeavour, the operator of Dan Murphy’s, as attractive alternatives as rivals get pricey.

  • Joanne Tran

Five ASX stocks short sellers are targeting

Hedge funds are ditching their long-held bet against Pilbara Minerals and hunting for the sharemarket’s next big short target.

  • Joshua Peach
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Guzman y Gomez held its first annual meeting on Thursday after a strong debut on the sharemarket in June. Co-CEO Hilton Brett (left) chairman Guy Russo (centre) and co-CEO Steven Marks.

Guzman y Gomez thinks drive-through outlets are the future

Co-CEO Steven Marks says a full suite of tradies, families, commuters and those with late-night hunger pangs are captured at a drive-through, although they cost more to set up.

  • Simon Evans
Chicken is Australia’s fast food battleground.

Has the Zinger met its match? KFC battles a new wave of chicken shops

From Lebanese chain El Jannah to Korean outfit Gami, rapidly growing players are increasingly cutting the lunch of fast food stalwarts and hurting their investors.

  • Simon Evans

October 2024

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ASX nears record; War stocks demand soars; GyG is still driving investors nuts

Read everything that’s happened in the news so far today: the ASX nears record as miners rally, war stocks demand soars, and Guzman y Gomez is still driving investors nuts.

Guzman y Gomez co-CEO Steven Marks is on track to hit his prospectus forecasts.

Guzman y Gomez is still driving investors nuts

The burrito chain’s valuation was divisive when it floated four months ago – now it’s astonishing. But the ASX is a market where winners keep winning.

  • James Thomson
Guzman y Gomez listed on the ASX in June this year.

Guzman y Gomez says it’s on track to hit bullish growth forecasts

The Mexican-themed fast food chain has divided the market with its big plans, but says it’s on course to meet this year’s projections after posting quarterly sales of $280 million.

  • Carrie LaFrenz
GYG shares nearly doubled from its float price.

‘Stretched valuation’: Dump GyG for KFC, says Goldman Sachs

It has initiated coverage on Guzman y Gomez with a “sell” rating, predicting its shares will drop 12 per over the next 12 months.

  • Alex Gluyas

September 2024

Guzman y Gomez listed on the ASX in June this year.

Guzman y Gomez IPO backers sell stake as stock joins ASX 200

The hottest IPO darling in recent memory has rallied hard since listing in June, but a few early investors have taken some money off the table.

  • Joshua Peach

August 2024

Guzman y Gomez is generating strong growth from the breakfast segment between 6am until 8am as people buy the $8 breakfast burrito and a coffee from drive-thru outlets.

Tradies get a taste for Guzman y Gomez’s breakfast burritos

“Cafes are expensive,” says Guzman y Gomez co-CEO Steven Marks, who is tapping into the fast-growing drive-through breakfast rush.

  • Simon Evans
Founder and co-CEO of Guzman Y Gomez, Steven Marks. The ‘breakfast’ segment has delivered extra growth for the Mexican-themed fast food chain.

Guzman y Gomez is nearly a $4b company

The Mexican-themed fast-food chain is outstripping rivals in delivering strong same-store sales growth and closed at a record on Tuesday.

  • Updated
  • Simon Evans
Guzman y Gomez bosses Hilton Brett and Steven Marks had a big win.

How Guzman y Gomez plans to keep winning over kids – and investors

Guzman y Gomez keeps its real for the kids, BHP takes a swing on IR and Coles steps into the brave new world of AI.

  • Updated
  • James Thomson and Anthony Macdonald
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Mass CFMEU job walk-off; BHP cuts dividend; GyG’s burritos pay off

Read everything that’s happened in the news so far today.

Domino’s Pizza Enterprises chief executive Don Meij says investors need to see a turnaround in France and Japan in the next 12 months.

Domino’s Pizza CEO scrambles to avoid ‘painful’ result

Shares in the pizza maker slumped again as it said same-store sales dropped 1.3 per cent in the first seven weeks of the new financial year.

  • Simon Evans
Guzman y Gomez successfully floated on the ASX in June. Now, is heading toward the ASX200.

Guzman y Gomez in ‘striking distance’ of joining ASX 200

The Mexican fast-food chain has a good shot at joining the major benchmark next month, potentially attracting millions in new investment.

  • Sarah Jones
Inghams director Tim Longstaff said he opposed 24-hour trading at a proposed GYG in Sydney suburb of Mosman.

Inghams director warns: Guzman y Gomez store will attract ‘riff-raff’

Behind the minor fracas is a bigger question about whether the country’s biggest poultry producer can continue to squeeze big profits from fast food chains.

  • Jemima Whyte

July 2024

Guzman y Gomez co-CEO Steven Marks has a focused plan for growth, and bigger, bolder goal.

What Guzman y Gomez can learn from the Domino’s disaster

Domino’s’ latest downgrade tells a story about long-term growth plans that investors in Guzman y Gomez should take note of. 

  • James Thomson

Original URL: https://www.afr.com/topic/guzman-y-gomez-ngg