Guzman Y Gomez branding pre-game ahead of the round 14 Super Netball match between NSW Swifts and Adelaide Thunderbirds at Ken Rosewall Arena in Sydney, Australia, on June 17, 2023. Jason McCawley/Getty Images
Australian Mexican food chain Guzman Y Gomez (GYG) has left the United States market after it missed key sales and performance targets.
In a statement to the Australian Stock Exchange (ASX), the company said it had been consistent and transparent about the thresholds the business needed to prove the U.S. concept.
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]