Private equity and investment bankers convinced Aussies they could sell burritos to the Yanks – and they swallowed it.

In February, Guzman y Gomez told investors that losses in the US had reached $8 million in the first half of the 2026 financial year.

Guzman y Gomez's shares surged after announcing that it has decided to exit the U.S. market while keeping its Australian business as the main focus