Guzman y Gomez will exit the US market, pleasing investors by shuttering all eight of its Chicago restaurants after a shaky rollout that had tested analysts’ patience.
Guzman y Gomez
ASX:GYG
Guzman y Gomez co-CEO Steven Marks has flown to Chicago to oversee the US rollout as analysts push for an exit. He tells Capital Brief he’s holding firm.
After finding immense investor appetite for Guzman y Gomez on the ASX, the investment bank is eager to serve up the next hot restaurant chain to the market.
As insiders get the green light to trim their lucrative stakes, short sellers are circling the hot Mexican fast food chain.
Guzman y Gomez’s first results as a listed company show strong earnings but mixed analyst reactions, as CEO Steven Marks leans into the salesmanship that got him this far.
From the Guzman IPO to Nvidia's record high and Dutton's nuclear policy, it was one of those weeks in both business and politics where showmanship overshadowed substance.
There were many winners from Guzman y Gomez's IPO today, not least TDM Growth Partners, which saw its stake hit more than $800 million on paper after shares soared on debut.
After intense scrutiny around its valuation, Guzman y Gomez is now a public company and its stock is rising.
It’s the most watched and perhaps most polarising IPO on the ASX in years but Guzman y Gomez's investors are happy to pay a premium for a local growth story.
The listing of Guzman y Gomez is the culmination of 18 years of hard work for founder Steven Marks and the professional team behind him.
The Mexican fast food chain is inching closer to IPO as new investors back its ambitious vision.
The Mexican food chain is poised to become one of the most hotly discussed IPOs on the ASX in years. Despite recent controversies, its largest shareholder TDM is convinced it’s onto a generational winner.
