Guzman y Gomez climbs after inking partnership with Uber Eats
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The news: Mexican fast-food chain Guzman y Gomez (GYG) shares climbed after announcing a partnership deal with Uber Eats aimed at boosting delivery sales growth in Australia.
Shares rose 3.65% to $23.26 per share at 1:36pm AEDT.
The context: Guzman y Gomez announced a multi-year partnership deal with Uber Eats, effective from 22 February 2026. The restaurant said the deal is designed to strengthen the economics of its delivery channel by supporting sales growth and delivering improved commercial terms. The exclusivity arrangement only applies to Australia.
The company said its Australian franchisees are expected to significantly benefit from the partnership, with several initiatives in place to ensure the transition does not adversely affect sales performance.
Delivery currently accounts for around 27% of total sales in Australia in the first half of 2026.
GYG is scheduled to release its half-year 2026 results on 20 February 2026.
What they said: "This isn't just about delivery, it's about creating an experience that reflects the quality and speed our guest expects. We are excited about what this partnership means for our guests today and the future of GYG," Guzman y Gomez co-CEO Steven Marks said.
The source: ASX
