CompaniesRetailFood & drinkAug 21, 2026 – 8.53amGuzman y Gomez has swung to a $26.7 million loss after a year in which it abandoned plans for a massive expansion in the United States, with write-offs disrupting steady growth in its Australian restaurant chain.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In RetailFetching latest articlesMost Viewed In Companies
Guzman y Gomez profit jump offset by American expansion woes
The Mexican-themed fast food chain reported a profit of $40.6 million in the year, before a hit from the closure of US operations pushed it to a loss.
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