Guzman y Gomez's 1Q Sales Fail to Spark Shares -- Market Talk

Dow Jones10-10

2356 GMT - Guzman y Gomez's shares tread water following the Mexican fast-food chain's 1Q sales update, which RBC Capital Markets thinks could be down to the market anticipating an upgrade to prospectus forecasts for FY 2025. Guzman y Gomez reported 1Q sales growth of 21% in Australia, beating RBC's forecast of 19%. However, U.S. trading has been softer following a strong start, albeit in line with company expectations. Guzman y Gomez's 1Q sales in the U.S. were down 4% compared with RBC's expectations of 31% growth. Guzman y Gomez adds that it expects to meet FY 2025 prospectus forecasts. Shares of Guzman y Gomez are down 0.1% at A$38.58 early on Thursday. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

October 09, 2024 19:56 ET (23:56 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2474821807?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-10 07:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2474821807","market":"hk","top_or_hot":-1,"title":"Guzman y Gomez's 1Q Sales Fail to Spark Shares -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2356 GMT - Guzman y Gomez's shares tread water following the Mexican fast-food chain's 1Q sales update, which RBC Capital Markets thinks could be down to the market anticipating an upgrade to prospectus forecasts for FY 2025. Guzman y Gomez reported 1Q sales growth of 21% in Australia, beating RBC's forecast of 19%. However, U.S. trading has been softer following a strong start, albeit in line with company expectations. Guzman y Gomez's 1Q sales in the U.S. were down 4% compared with RBC's expectations of 31% growth. Guzman y Gomez adds that it expects to meet FY 2025 prospectus forecasts. Shares of Guzman y Gomez are down 0.1% at A$38.58 early on Thursday. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 09, 2024 19:56 ET (23:56 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Guzman y Gomez's 1Q Sales Fail to Spark Shares -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGuzman y Gomez's 1Q Sales Fail to Spark Shares -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 07:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2356 GMT - Guzman y Gomez's shares tread water following the Mexican fast-food chain's 1Q sales update, which RBC Capital Markets thinks could be down to the market anticipating an upgrade to ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GYG.AU","symbol_name":"Guzman y Gomez Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2474821807","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474821807","pubTimestamp":1728518160,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2356 GMT - Guzman y Gomez's shares tread water following the Mexican fast-food chain's 1Q sales update, which RBC Capital Markets thinks could be down to the market anticipating an upgrade to prospectus forecasts for FY 2025. Guzman y Gomez reported 1Q sales growth of 21% in Australia, beating RBC's forecast of 19%. However, U.S. trading has been softer following a strong start, albeit in line with company expectations. Guzman y Gomez's 1Q sales in the U.S. were down 4% compared with RBC's expectations of 31% growth. Guzman y Gomez adds that it expects to meet FY 2025 prospectus forecasts. Shares of Guzman y Gomez are down 0.1% at A$38.58 early on Thursday. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GYG.AU":"Guzman y Gomez Ltd"},"translate_title":"古兹曼·戈麦斯(Guzman y Gomez)第一季度销售额未能提振股价——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GYG.AU":0.9},"content_text":"2356 GMT - Guzman y Gomez's shares tread water following the Mexican fast-food chain's 1Q sales update, which RBC Capital Markets thinks could be down to the market anticipating an upgrade to prospectus forecasts for FY 2025. Guzman y Gomez reported 1Q sales growth of 21% in Australia, beating RBC's forecast of 19%. However, U.S. trading has been softer following a strong start, albeit in line with company expectations. Guzman y Gomez's 1Q sales in the U.S. were down 4% compared with RBC's expectations of 31% growth. Guzman y Gomez adds that it expects to meet FY 2025 prospectus forecasts. Shares of Guzman y Gomez are down 0.1% at A$38.58 early on Thursday. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 09, 2024 19:56 ET (23:56 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2474821807"}