US losses weigh on Guzman shares despite profit increase
Mexican food chain Guzman y Gomez' shares have almost doubled since last year's IPO, but the market is still dubious that it can crack the US.
Australia continues to power the company's revenue and profits, with ebitda up 37%.
Shares in ASX-listed Mexican food chain Guzman y Gomez slumped 9% in morning trade today despite the company reporting better than expected first half results.
Guzman, which joined the boards of the ASX last year in one of the most hotly anticipated IPOs, reported a net profit of A$7.3m for the half
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