GYG’s first earnings give investors food for thought

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GYG’s first earnings give investors food for thought

Mexican-inspired fast food chain Guzman y Gomez has failed to impress investors despite beating its own sales forecast.

In its first earnings result since its $335 million ASX float in June, the Sydney-based burrito business said global sales grew 26.4 per cent to $959.7 million in the year ended June 30 – ahead of predictions published in its IPO prospectus.

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