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Guzman Y Gomez loses $270 million in market capitalisation due to below-expectation half-year results despite rising profit and sales

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Guzman Y Gomez, Australia's popular burrito chain, saw its market value plunge by $270 million following weaker-than-expected sales, particularly in the US. Despite reporting strong overall sales and a significant rise in profit after tax, investors reacted negatively. The company plans to expand its global footprint with 32 new restaurants in the upcoming financial year.



Moscow.media
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