Guzman y Gomez (ASX:GYG) clarified in response to a letter from the Australian Securities Exchange that, before releasing its fiscal first-half results, it believed its results were materially in line with the market's expectations, according to a Wednesday Australian bourse filing.

The Mexican restaurant chain also clarified that the earnings variance between its expectations and the market's was not significant enough to materially impact its share price, the filing said.

Shares of the company rose past 1% in recent Wednesday trade.