Sydney, 21 February 2025 – Guzman y Gomez (ASX: GYG) has dished up a sizzling first-half performance, with strong sales and earnings putting the company on track to beat its FY25 NPAT prospectus forecast.
The company’s global network sales jumped 23% to $578 million, fueled by growing demand for its fresh, made-to-order Mexican-inspired food. That momentum translated into strong earnings growth, with EBITDA surging 28% to $32 million, as corporate restaurant margins expanded and franchise revenues climbed. The Australian market led the charge, delivering $573 million in sales—a 23.2% increase on last year—thanks to impressive delivery growth, smart marketing, and strong demand for value menu items like the $12 Chicken Mini Meal.
Expansion remained a key focus, with 19 new restaurants opening during the half, bringing GYG’s global footprint to 239 locations. Looking ahead, the company has an exciting pipeline of 103 future restaurant sites, setting the stage for further growth in the coming years.
Founder and Co-CEO Steven Marks says these results prove that GYG’s strategy is hitting the mark. “GYG’s incredible growth in sales and earnings isn’t just about how much our guests love our food—it’s also about the strength of our execution and our unwavering commitment to an exceptional guest experience. Our fresh, made-to-order menu continues to drive demand, and that’s reflected in our 23% global network sales growth, which in turn delivered a 28% jump in EBITDA.”
Australia continues to be the company’s growth engine, with comp sales rising 9.4% during the half. The strong performance was driven by a combination of factors, including an increase in digital and delivery sales, a surge in breakfast demand (which saw 19% growth), and continued menu innovation. Franchisees are also benefiting, with median sales increasing to $5.4 million and a median return on investment of 50%.
Internationally, GYG saw strong performance in Singapore and Japan, while its US expansion remains a work in progress. Network sales in the US declined 12.7% to $4.9 million, but the company is focused on increasing brand awareness and improving the guest experience.
GYG remains in a strong financial position, ending the half with $274.5 million in cash and zero debt. The company is prioritizing reinvestment in expansion and has decided not to declare a dividend for 1H25 as it focuses on long-term growth.
With record-breaking results and an ambitious expansion pipeline, Guzman y Gomez is cooking up an exciting future as it continues its mission to become the biggest and best restaurant company in the world.
