Latest News About Guzman y Gomez exits United States

announced pullout from the US market, underwhelming performance driving a redirection toward Australia, Singapore and Japan. one-off hit to the bottom line, as leadership says the company needs more time and capital to turn around the US market. Plan is to grow via franchise conversions rather than company-operated stores. Legal cases from US employees over closure notice has been noted. The exit comes after closing eight Chicagoland locations this past week, in line with the strategic shift away from the US market toward other regions. Further details were given on timing beyond the closure of all US sites and the franchise-first expansion approach.