Latest News About Guzman y Gomez exits United States

confirmed pullout from the US market, weaker-than-expected results prompting a redirection toward Australia, Singapore and Japan. one-off hit to finances, as leadership says the company needs more time and capital to turn around the US market. Plan is to pursue expansion via franchise conversions. Legal action from US employees over closure notice has been reported. 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-led expansion approach.