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‘I made a lot of mistakes’: Why GyG’s American dream had to end
Steven Marks still thinks the Mexican food chain could have cracked the US – just not fast enough. Now the company needs to double down at home.
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afr.com
Guzman Y Gomez calls it quits on US after deepening losses
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.
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smh.com.au
Guzman founder moved to Chicago to save its US dream. It wasn’t enough
The Australian-founded Mexican chain has spent six years and more than $100 million on its US expansion, but on Friday announced it was shutting down all stores in the country.
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cnbc.com
Guzman y Gomez shares surge as much as 20% after fast-food chain says it will exit U.S. market
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
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‘Like trying to become a gyros chain in Athens’: What went wrong for GyG in America
Private equity and investment bankers convinced Aussies they could sell burritos to the Yanks – and they swallowed it.
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‘Like trying to become a gyros chain in Athens’: what went wrong for GyG in America
Private equity and investment bankers convinced Aussies they could sell burritos to the Yanks – and they swallowed it.
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‘I made a lot of mistakes’: Why GyG’s American dream had to end
Steven Marks still thinks the Mexican food chain could have cracked the US – just not fast enough. Now the company needs to double down at home.