Guzman y Gomez suffers $26.7m loss in FY2026 following US exit
Breakfast and late-night offerings boosted the group’s comp sales.
Guzman y Gomez reported a statutory net profit after tax (NPAT) loss, including discontinued operations, of $26.7m for its full-year 2026 results.
The group attributed the loss to its decision to exit the US market, with NPAT from continuing operations rising 31.6% to $40.6m.
"In May 2026, we made the difficult decision to close our US operations, with this process now complete. We reported a statutory NPAT loss for the year of $26.7m, which was impacted by significant one-off US impairment charges and other closure costs," Steven Marks, founder and co-CEO of Guzman y Gomez, said.
Network sales increased 17.9% to $1.38b. Revenue grew 21.8% to $520.4m whilst earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 27.4% to $98.5m. Underlying EBITDA increased 28.7% to $85m.
The group also reported comp sales growth of 5.3%, led by the breakfast and after-9pm dayparts.
GYG said it expects to open 35 new restaurants in Australia in FY2027, with the three incremental openings above FY2026 levels expected in the fourth quarter, and therefore not expected to contribute materially to sales or earnings in FY2027.
Comparable sales growth is expected to continue at mid-single digits, though in the first seven weeks of the next financial year the Australia segment tracked higher at high-single-digit levels, reflecting the timing of delivery campaigns and cycling a softer prior corresponding period.
GYG also expects underlying EBITDA as a percentage of network sales to expand to 6.7% to 6.9% in FY2027, up from 6.2% in FY2026, driven by strong corporate restaurant margin expansion on the back of higher comparable sales growth and increased drive-through penetration.
