2339 GMT - Guzman Y Gomez's bulls at Wilsons are encouraged by the Australian fast-food operator's reference to accelerating sales growth at both the start and end of its trading day. Analysts James Ferrier and Declan Carroll tell clients in a note that the company has strong operating leverage available in the breakfast and post-9 pm slots as customer and transaction numbers grow. They remain attracted to Guzman Y Gomez's domestic unit economics following what they say was strong 3Q comparable sales growth. Wilsons retains an overweight rating on the stock and is reviewing its A$42.47 target price. Shares are at A$30.00 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 07, 2025 19:39 ET (23:39 GMT)
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