Highlights

• Guzman y Gomez increased first-quarter FY27 network sales by 18.8% to AUD 387.5 million in the reported period.

• Comparable sales expanded 7.1% during the quarter, supporting the restaurant group’s reaffirmed full-year guidance in the reported period.

• FY26 network sales reached AUD 1,377.8 million, with underlying EBITDA increasing 28.7% to AUD 85 million.

• The group plans 35 new Australian restaurants in FY27 and announced an additional AUD 100 million buy-back.

New restaurants, higher network sales and another share buy-back are shaping the next phase for Guzman y Gomez Limited (ASX:GYG). The group reaffirmed FY27 guidance after a first quarter marked by growth across its restaurant network.

Trading Context

Guzman y Gomez shares were up about 3.9% to roughly AUD 27.62 on Wednesday 11 November 2026, around 2:40pm AEDT on Volume of about 113,000 shares. The company lodged no new Business announcement today. Its latest filings in the ASX data are a run of daily “notification of buy-back” updates through late October, so the rise coincides with an ongoing buy-back rather than fresh news. The ASX research page lists a 52-week range of AUD 15.06 to AUD 30.11.

Capital Management

Guzman y Gomez announced a new AUD 100 million share buy-back alongside its FY26 result on 21 August 2026, which said the company had already deployed AUD 100 million on buy-backs during the year. The ASX announcements feed shows daily buy-back notifications between 26 and 30 October.

Restaurant Network

Guzman y Gomez is a Sydney-based fast-casual Mexican restaurant group, that earns Revenue from retail food and beverage sales and franchising. At 30 June 2026 it had 284 restaurants globally, having opened 35 in FY26,.

First-Quarter Performance

On 9 October 2026 the company reported first-quarter FY27 network sales up 18.8% to AUD 387.5 million, with comparable sales growth of 7.1%, and reaffirmed its full-year guidance,. Network sales are system-wide sales across company-owned and franchised stores, not the company’s own revenue.

Annual Results

In the FY26 result, network sales rose 17.9% to AUD 1,377.8 million and underlying EBITDA rose 28.7% to AUD 85.0 million. Statutory net profit after tax rose 31.6% to AUD 40.6 million for continuing operations, with Underlying Profit up 29.7% to AUD 53.4 million. The company completed its exit from US operations, which meant a statutory group loss of AUD 26.7 million including discontinued operations. The company ended the year with AUD 171 million in cash and no debt. It declared a fully franked full-year Dividend of 48.0 cents per share, including a special dividend.

FY27 Development Plans

For FY27, Guzman y Gomez said it planned to open 35 new Australian restaurants, with 117 Australian sites in its pipeline, and expected underlying EBITDA as a share of network sales to widen to 6.7% to 6.9%. Over the medium term it has said it is targeting a Margin of around 10%. It highlighted drive-thru penetration, digital Investment and AI tools for kitchen operations as drivers.

Execution Considerations

The US exit shows that expansion does not always succeed, and growth relies on opening new restaurants at attractive returns. Restaurant margins can be squeezed by food and labour costs, and the company’s margin targets are ambitions rather than commitments. in August that the shares had fallen almost 20% over the previous 12 months, and the stock remains well below its 52-week high of AUD 30.11 on ASX data.

Upcoming Milestones

In August the company said early FY27 trading was positive, with strong comparable sales growth, and the October update reaffirmed full-year guidance. The company has said it expects to appoint two new non-executive directors, George Wahby and Guy Fowler, subject to Shareholder approval later in 2026,. It has also said it will open 35 Australian restaurants in FY27.