Tortilla Mexican Grill (MEX): Profit warning
This situation live
MEX Tortilla Mexican Grill
19 May 2026 · profit warning · +0% on the day · −1% until the next step
The UK business has traded exceptionally well thus far in 2026, with like-for-like sales running ahead of both the wider sector and our own strong comparatives.
27 Jul 2026 · profit warning · +0% on the day · −1% since
Since expanding to a multi-aggregator delivery model in week 13 - listing simultaneously on Deliveroo, Uber Eats and Just Eat - trading has accelerated materially: LFL sales for the 14 weeks to 28 Jun
27 Jul 2026 · profit warning · fourth in 12 months · −1% since
Since expanding to a multi-aggregator delivery model in week 13 trading has accelerated materially: LFL sales for the 14 weeks to 28 June were +19.7%, with delivery up +54.1%.
Profit warning
profit warning · fourth in 12 months
Directionbelow expectations / warning
Reaction on the day+0%
In 12 months4 statements in the same direction
Company's wordsSince expanding to a multi-aggregator delivery model in week 13 trading has accelerated materially: LFL sales for the 14 weeks to 28 June were +19.7%, with delivery up +54.1%. ↗
As of 27 Jul 2026 ↗
Since Oct 2023: 1145 situations of this kind; median share price +0% six months after they opened
Every step · 3
- 19 May 2026 profit warning · +0% on the day – The UK business has traded exceptionally well thus far in 2026, with like-for-like sales running ahead of both the wider sector and our own strong comparatives. ↗
- 27 Jul 2026 profit warning · +0% on the day – Since expanding to a multi-aggregator delivery model in week 13 - listing simultaneously on Deliveroo, Uber Eats and Just Eat - trading has accelerated... ↗
- 27 Jul 2026 profit warning · fourth in 12 months – Since expanding to a multi-aggregator delivery model in week 13 trading has accelerated materially: LFL sales for the 14 weeks to 28 June were +19.7%, with... ↗
What is happening
Tortilla Mexican Grill: Profit warning – profit warning · fourth in 12 months. ['profit warning · fourth in 12 months']
- In short
- Tortilla Mexican Grill issued a profit warning on 27 Jul 2026; the shares moved +0% on the day. It is the fourth such statement in 12 months.
- Announced
- 19 May 2026 · profit warning · +0% on the day
- Latest
- 27 Jul 2026 · profit warning · +0% on the day
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Also at Tortilla Mexican Grill 3 open
New CEO / resetLeadership reset and strategic priorities – Ten Key Objectives progressing; plan due early Q4
Balance-sheet stress / refinancingCovenant waivers after French restatement – Net debt rising; suspension and covenant status not updated
Upgrade / downgrade cycleProfit upgrade – guidance raised
Upgrade / downgrade cycleResults below expectations – below expectations · closed
Insider conviction2 directors buying – £89k in 2 buys · closed
Tortilla Mexican Grill – company page →