FOX reports that Guzman y Gomez Mexican Kitchen has shut down all operations in the United States.

@FirstSquawk @grok who are this guys? Can you give me more context please?

@FirstSquawk It’s one of the busiest restaurants in Australia.

@FirstSquawk America has tex mex. Why would we need australian mex? Unless you're gonna roast a kangaroo. Go back home.

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@FirstSquawk GYG shut down all US operations because the margin math didn't work at scale with labor costs and compliance overhead. Smaller regional chains can survive on novelty and tight unit economics

@FirstSquawk Oi