Gourmet Cuisine

Gourmet Cuisine

Overview

About Gourmet Cuisine

Simplify's Rating
Why Gourmet Cuisine is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Mesquite, Texas

Founded

1983

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Simplify's Take

What believers are saying

  • Gourmet plans two to three new stores yearly, including Sodic West and 90th Street.
  • 1Q 2026 net income rose 47% to EGP 69.7 million on EGP 796 million sales.
  • The IPO raised about EGP 1.3 billion, giving Gourmet capital for retail and manufacturing growth.

What critics are saying

  • 1Q 2026 selling and marketing costs rose 32%, and G&A jumped 40%.
  • Profit relied on EGP 10.8 million treasury-bill yields and December supplier rebates.
  • If 2H 2026 store openings miss traffic, the EGP 9 billion 2030 target breaks.

What makes Gourmet Cuisine unique

  • Gourmet combines premium food retail, in-house manufacturing, and e-commerce across Egypt.
  • Its 2006-built brand sells exclusive products and ready-to-heat meals through 22 stores.
  • The February 2026 EGX listing funds expansion while preserving a national premium-grocer position.

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