Guzman y Gomez (ASX:GYG) reported fiscal third quarter network sales of AU$289.5 million, up from AU$234.2 million a year earlier, according to a Tuesday Australian bourse filing.
The number of restaurants at the end of the quarter was 241 in total, compared with 210 a year earlier.
The company reaffirmed its fiscal 2025 guidance of 31 new restaurants in Australia, with corporate restaurant margins of about 18% and a franchise royalty rate of 8.3%.
The company also reaffirmed its fiscal 2025 general and administrative costs to network sales ratio guidance of 6.7% while it expects to exceed its 2025 net profit after tax guidance.
The company plans to apply its dividend policy after the fiscal 2025 results, with the maiden dividend anticipated in September, subject to board discretion.
The company's shares rose almost 4% in recent Tuesday trade.
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