Guzman shares dive almost 20% despite record profit
The market looked beyond the fast food chain's result and sentiment on growth has turned negative.
Guzman y Gomez was one of the most popular IPOs on the ASX in 2024.
Shares in ASX-listed fast food chain Guzman y Gomez sunk by 19% today despite the company marking its first year as a public company with a record profit, nearly A$1.2b ($1.32b) in sales and the payment of a dividend.
The Mexican-themed chain today announced its results for the year to June 30,
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