On 9 October 2026, Guzman y Gomez Limited (ASX:GYG) announced its quarterly results for 1 July to 30 September 2026 (Q1 FY27). Network sales rose 18.8% on the prior corresponding period, with comparable sales growth of 7.1%, and the company reaffirmed its FY27 guidance.

Q1 FY27 sales figures

Network sales were A$387.5 million, up from A$326.3 million, with Australia at A$363.0 million and Asia at A$24.5 million. Comp sales growth, which includes Australia, Singapore and Japan, was 7.1% compared with 4.0% a year earlier. Figures exclude discontinued US operations.

The company said comp sales growth was underpinned by transaction growth and was broad across formats, channels, ownership types and dayparts, with momentum in lunch and dinner.

Restaurant network and operations

There were 286 restaurants at period end: 94 corporate and 164 Franchise in Australia (258 in total), 23 in Singapore and 5 in Japan. Three new restaurants opened in Australia, and one restaurant in Singapore closed. The total includes one transfer from corporate to franchise ownership.

During the quarter, GYG launched Crispy Chicken Tenders and Honey Habanero Ranch sauce, completed rollout of its proprietary order management system across the Australian network, had 40 restaurants trading 24/7 by quarter end, and enhanced its GOMEX loyalty program in September.

FY27 guidance and buyback

GYG reaffirmed guidance given at its FY26 results: mid-single digit comp sales growth in FY27 and underlying EBITDA as a percentage of network sales expanding to 6.7% to 6.9% from 6.2% in FY26. It expects to open 35 new restaurants in Australia in FY27, with about 12 in Q2, excluding the South Australia master franchise market.

The Board has approved an extension of the share buyback program of up to a further A$100 million, and GYG intends to extend the program beyond its current end date of 23 October 2026. The timing and number of shares bought will depend on market conditions and other factors.

Sector backdrop

Quick-service restaurant chains report network sales, which include franchise restaurant sales, and comparable sales, which measure growth in stores open for a defined period. Network sales growth includes new openings, while comp sales exclude them.

Consumer spending, labour and ingredient costs, and competition affect results across the sector.

Risks shareholders should weigh

Comp sales growth of 7.1% sits above the mid-single digit FY27 guidance, so later quarters may show lower growth. The release reports sales only, without profit, Margin or cost data for the quarter.

The FY27 margin guidance of 6.7% to 6.9% depends on cost management and sales growth. The restaurant openings target of 35 in Australia depends on site availability, approvals and Franchisee execution.

The buyback depends on market conditions and is discretionary. A restaurant closed in Singapore during the quarter, and the company’s Asian operations are small relative to Australia. Figures are network sales, which include franchise sales that are not GYG’s own revenue.

What’s next

GYG expects about 12 new Australian restaurant openings in Q2 FY27 and intends to extend its share buyback beyond 23 October 2026. Shareholders may wish to watch for the next quarterly update, the buyback notices and progress against FY27 guidance.