Key Highlights

  • GYG closed at $26.80, down $0.099 or 0.37%, on 15 October 2026.
  • Network sales were $387.5 million, up 18.8%, with comparable sales growth of 7.1%.
  • The network reached 286 restaurants, with three openings in Australia during the quarter.
  • A buyback extension of up to a further $100 million was reaffirmed, and FY27 guidance was confirmed.

Guzman y Gomez Limited (ASX:GYG) announced its quarterly results for 1 July to 30 September 2026 on 9 October 2026, and its shares closed at $26.80, down $0.099, or 0.37%, on 15 October 2026.

The change of 9.9 cents is small, and the change implies a previous close near $26.90. The closing price does not link the move to the quarterly update, and share prices change daily for many reasons.

Company Overview

GYG is a quick-service Mexican restaurant chain operating mainly in Australia, with restaurants in Singapore and Japan, and with a mix of corporate and franchise-owned stores. It reports network sales, which are system-wide sales including Franchise stores, and comparable sales growth as headline measures.

Sales and Network Growth

Network sales were $387.5 million against $326.3 million, an increase of 18.8%, against growth of 18.1% a year earlier. Australia contributed $363.0 million against $305.5 million, and Asia $24.5 million against $20.8 million. Comparable sales growth was 7.1%, up from 4.0%, underpinned by transaction growth, and the company says growth was broad across formats, channels, ownership types and dayparts. The network totalled 286 restaurants, up from 254, comprising 258 in Australia (94 corporate and 164 franchise), 23 in Singapore and five in Japan. Singapore figures are net of one closure, and the Australian figure includes a transfer from corporate to franchise ownership.

Operations and Menu

The company launched a Crispy Chicken Tenders range and Honey Habanero Ranch sauce, and its new proprietary order management system is now fully operational across the Australian network. By quarter end, 40 restaurants traded 24 hours a day, seven days a week, and the GOMEX loyalty program was enhanced in September.

Guidance and Buyback

GYG reaffirmed its FY27 guidance of mid-single-digit comparable sales growth, with underlying EBITDA as a share of network sales expected to widen to 6.7% to 6.9% from 6.2% in FY26. It expects to open 35 new restaurants in Australia in FY27, about 12 of them in Q2. The board approved extending the share buyback by up to a further $100 million, and GYG intends to extend the program beyond its current end date of 23 October 2026.

Reading the Numbers

Network sales grew 18.8% to $387.5 million, a figure that reflects both comparable sales growth of 7.1% and network expansion, since the restaurant count rose from 254 to 286, an increase of about 12.6%. Corporate restaurants numbered 94 against 84, and franchise 164 against 143, so most of the new Australian restaurants are franchised. Moving the Margin target from 6.2% to 6.7% to 6.9% of network sales would mean underlying EBITDA growing faster than sales. These are calculations from the stated figures.

Risks

Growth depends on the pace of restaurant openings and on comparable sales, which can change with consumer spending and competition. The quarterly figures exclude discontinued United States operations. Margin guidance relies on cost control and sales growth, and the buyback depends on market conditions and trading volumes. The company states that the timing and number of shares bought are uncertain.

What to Watch

Items include the second-quarter opening schedule, comparable sales trends, progress toward the 6.7% to 6.9% margin target, buyback activity after 23 October 2026 and performance of the Singapore and Japan networks.