Guzman y Gomez Posts Higher Fiscal Q1 Sales Revenue

MT Newswires Live10-10

Guzman y Gomez (ASX:GYG) said its total network sales revenue rose to AU$278.8 million in the fiscal first quarter ended Sept 30, compared with AU$230.9 million in the first quarter a year ago, according to a Thursday filing with the Australian bourse.

The restaurant franchise grew to 226 stores from 204 stores year-on-year in Australia, Singapore, Japan, and the US, with 31 stores expected to open in Australia, the filing showed.

The company's shares were up almost 1% in recent Thursday trade.

Price (AUD): $38.88, Change: $+0.25, Percent Change: +0.65%

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