Guzman y Gomez (GYG), a fast-food chain, had some disappointing news! They didn't make as much money as expected in the first half of the year. This is mostly because their restaurants in the United States weren't doing so well.
- Sales in the US were down, making investors worried.
- GYG's Australian restaurants did better, with sales up.
- The company's stock price dropped a lot after the news.
Fact | Number |
---|---|
US sales decrease | 12.7% |
Stock price drop | 14.3% |
Underlying earnings (in Australian dollars) | $31.6 million |