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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Tortilla shares tumble as high street stores underperform

Tortilla

Shares in Mexican restaurant chain Tortilla tumbled today as it revealed its high-street locations were struggling amid low footfall.

Revenue for 2023 is expected to be £65.7 million, up from last year but slightly below expectations. This, it said was mostly due to “subdued consumer confidence impacting demand across the eating out market”, especially at the end of the year.

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