Guzman y Gomez's Store Openings Set to Accelerate -- Market Talk

Dow Jones10-10

0007 GMT - Wilsons shrugs off initial disappointment at Mexican fast-food chain Guzman y Gomez's expansion of its store network in 1Q. It says net openings of five stores are "optically soft compared to the linear pro-rata of the FY 2025 IPO Prospectus forecast for 34." However, Wilsons expects a strong month for additions in Australia in October. It's also glad that the company will operate all of the stores added in 1Q, rather than franchising some of them. "We see upside risk to IPO prospectus forecasts and our earnings forecast, driven by the FY 2024 result beat and strong start to like-for-like" sales, analyst James Ferrier says.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

October 09, 2024 20:07 ET (00:07 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/2474873067?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-10 08:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2474873067","market":"sg","top_or_hot":-1,"title":"Guzman y Gomez's Store Openings Set to Accelerate -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0007 GMT - Wilsons shrugs off initial disappointment at Mexican fast-food chain Guzman y Gomez's expansion of its store network in 1Q. It says net openings of five stores are \"optically soft compared to the linear pro-rata of the FY 2025 IPO Prospectus forecast for 34.\" However, Wilsons expects a strong month for additions in Australia in October. It's also glad that the company will operate all of the stores added in 1Q, rather than franchising some of them. \"We see upside risk to IPO prospectus forecasts and our earnings forecast, driven by the FY 2024 result beat and strong start to like-for-like\" sales, analyst James Ferrier says.(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 20:07 ET (00:07 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 Store Openings Set to Accelerate -- 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 Store Openings Set to Accelerate -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 08:07 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>0007 GMT - Wilsons shrugs off initial disappointment at Mexican fast-food chain Guzman y Gomez's expansion of its store network in 1Q. It says net openings of five stores are \"optically soft compared ...</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":"AAQC","symbol_name":"Accelerate Acquisition Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2474873067","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474873067","pubTimestamp":1728518820,"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":"0007 GMT - Wilsons shrugs off initial disappointment at Mexican fast-food chain Guzman y Gomez's expansion of its store network in 1Q. It says net openings of five stores are \"optically soft compared to the linear pro-rata of the FY 2025 IPO Prospectus forecast for 34.\" However, Wilsons expects a strong month for additions in Australia in October. It's also glad that the company will operate all of the stores added in 1Q, rather than franchising some of them. \"We see upside risk to IPO prospectus forecasts and our earnings forecast, driven by the FY 2024 result beat and strong start to like-for-like\" sales, analyst James Ferrier says.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAQC":"Accelerate Acquisition Corp","GYG.AU":"Guzman y Gomez Ltd","BK7137":"餐馆"},"translate_title":"Guzman y Gomez的开店速度将加快——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAQC":1,"GYG.AU":0.9},"content_text":"0007 GMT - Wilsons shrugs off initial disappointment at Mexican fast-food chain Guzman y Gomez's expansion of its store network in 1Q. It says net openings of five stores are \"optically soft compared to the linear pro-rata of the FY 2025 IPO Prospectus forecast for 34.\" However, Wilsons expects a strong month for additions in Australia in October. It's also glad that the company will operate all of the stores added in 1Q, rather than franchising some of them. \"We see upside risk to IPO prospectus forecasts and our earnings forecast, driven by the FY 2024 result beat and strong start to like-for-like\" sales, analyst James Ferrier says.(david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 09, 2024 20:07 ET (00:07 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/2474873067"}