Guzman y Gomez slumps to $26.7m loss after clearing the decks on failed US expansion

Fast-casual Mexican restaurant group Guzman y Gomez (ASX: GYG) has swung to a statutory net loss of $26.7 million for FY26 after absorbing $67.3 million in losses from its discontinued US operations, but the company has declared the costly exit is now behind it with no material financial impact expected in FY27. The result marks a sharp reversa...