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Guzman y Gomez

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A Guzman y Gomez outlet in Sydney.

Rolled gold burritos, AI mania and ‘mother of all bubbles’ were big business in 2024

It proved to be a volatile year for the big end of town, but it’s investors who face a day of reckoning.

  • Colin Kruger

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Guzman y Gomez mexican kitchen gyg fast food chain which is floating on the asx in Newtown, Sydney on June 19, 2024. Photo: Dominic Lorrimer

Why Guzman y Gomez wants to sell more breakfast burritos

Mexican-inspired fast food chain Guzman y Gomez plans to increase morning sales and has rejected shrinkflation concerns about its product.

  • Colin Kruger and Jessica Yun
Guzman y Gomez Co- CEO Steven Marks at the Guzman y Gomez floating at the ASX in Sydney.

Should you join the Guzman y Gomez fiesta?

Investors should be wary of piling into initial public offerings (IPOs) because for every Nvidia, Google, Apple or Microsoft that turns out to be a big winner, there are thousands of losers.

  • William Bennett
This week’s Bulls N’ Bears ASX Runner of the Week is … Schrole Group.

Mexican madness adds spice to top ASX performers

This week’s Bulls N’ Bears ASX Runner of the Week is … Schrole Group. Its shares jumped 187.5 per cent, while the new listing of Guzman y Gomez was also a hit.

  • Michael Philipps
Guzman y Gomez’s $300 million man, co-CEO Steven Marks at the ASX on Thursday when the company made its public debut.

The Aussie burrito-maker that makes Nvidia look dirt cheap

The Guzman y Gomez float was an astounding success, which makes justifying the jaw-dropping valuation on the stock much harder for investors.

  • Colin Kruger
Guzman y Gomez’s co-chief executives Steven Marks and Hilton Brett celebrate as the share price rises.

Guzman y Gomez’s sizzling $3b debut raises hopes for IPO market revival

Mexican fast-food chain Guzman y Gomez has clinched its place as the hottest float in years, soaring to a valuation of more than $3 billion on Thursday.

  • Jessica Yun and Colin Kruger
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European markets took centre stage with Wall Street closed a holiday.

ASX flat as Guzman y Gomez shares make stellar debut

The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.

  • Millie Muroi
Guzman y Gomez co-chief Hilton Brett (left) and founder (right) Steven Marks.

The $2.2b takeaway deal: Guzman y Gomez fast-tracks ASX landing

The burrito chain, which has been eyeing an IPO for years, has had to pull forward its plans on the back of investor demand.

  • Jessica Yun
Co-chief executive officers of Guzman Y Gomez, Hilton Brett (left) and founder Steven Marks (right).

Guzman y Gomez’s new burrito boss tasked to hire CFO, prepare ASX debut

Australia’s fastest growing Mexican fast food chain has appointed a retail executive to share the top job with founder Steven Marks.

  • Jessica Yun
Guzman y Gomez CEO Steven Marks at a store opening in Cairns last month.

Burritos on the bourse: Guzman y Gomez boss preparing to say hola to ASX

Founder Steven Marks has shaken off a health scare and has revealed his burrito chain’s financial figures to the public ahead of a hopeful Initial Public Offering in 2024.

  • Jessica Yun

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