NYSE:TOST

Toast Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, May 7, 2024
Technology, Mobile, Wireless, Specialty, Office Products, Food, Beverage, Public Policy, Government, Retail, Small Business, Restaurant, Bar, Finance, Banking, Other Travel, Other Consumer, Accounting, Professional Services, Travel, Other Technology, Consumer, Software, Hardware, State, Local, Data Management, Other Retail, Digital technology, Sale, ARR, POS, Marketing, Love, GPV, Webcast, Business, P2PE, Forecasting, Regulation Fair Disclosure, Restaurant management, Classification, Benchmarking, Regulation, Point, Adjustment, GAAP, Growth, Disclosure, Music

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024.
  • Our first quarter results demonstrate strong topline growth and margin expansion that we will continue to build on throughout the year.
  • GAAP subscription services and financial technology solutions gross profit was up 32% year over year from Q1 2023 to $291 million.
  • Toast will host a live conference call at 5:00 p.m. Eastern Time on Tuesday, May 7, 2024.

Toast Launches Digital Storefront and Marketing Suites Designed to Make it Easier for Restaurants to Bring Guests In and Keep Them Coming Back

Retrieved on: 
Wednesday, May 1, 2024
Payments, Retail, Technology, Restaurant, Bar, Software, Artificial Intelligence, Online, Sale, Hearing, POS, AI, Marketing, Holiday, Collection, Artificial intelligence, Entrepreneurship, Multimedia, Create, Online shopping

Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, today announced details for its Digital Storefront and Marketing Suites.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, today announced details for its Digital Storefront and Marketing Suites.
  • In fact, Toast restaurants that used gift cards, loyalty, and email marketing offered as part of the Marketing Suite saw 63 percent more sales than Toast restaurants that did not use any of those features1.
  • According to a recent Toast survey, 72 percent of guests surveyed were interested in hearing from their favorite restaurants via email.
  • Owners and operators can seamlessly promote these offers on their Toast Digital Storefront channels and through email marketing campaigns to their guests.

Toast Expands Commitment to Enterprise Brands with Launch of Restaurant Management Suite

Retrieved on: 
Thursday, April 11, 2024
Other Consumer, Payments, Labor, Other Retail, Wine & Spirits, Other Technology, Specialty, Public Policy, Government, Software, Restaurant, Bar, Food, Beverage, Hardware, Consumer, Data Management, Retail, Food Tech, Mobile, Wireless, Technology, Apps, Applications, Office Products, Finance, Security, Banking, Accounting, Professional Services, Small Business, Fintech, Other Travel, State, Local, Artificial Intelligence, Travel, Coffeehouse, Caribou Coffee, Bar Louie Restaurants, P2PE, API, Entrepreneurship, Environment, E2EE, Benchmarking, Multimedia, Menu, Hotel

Toast (NYSE: TOST), the digital platform built for restaurants, today announced the launch of its new Restaurant Management Suite.

Key Points: 
  • Toast (NYSE: TOST), the digital platform built for restaurants, today announced the launch of its new Restaurant Management Suite.
  • Advanced Restaurant Analytics provides greater clarity into a restaurant brand’s sales and menu performance, including location-level reporting and competitive benchmarking tools.
  • Enterprise Toast Care: Fully included ongoing support specifically designed for the more complex configurations, tech stacks, and scale of enterprise brands.
  • Restaurant Management Suite functionality is available to restaurants of all sizes and types in tiered offerings to meet the unique needs of different customers, from small and medium-sized restaurants to enterprise brands.

Toast to Announce First Quarter 2024 Results and Host Investor Day in May

Retrieved on: 
Wednesday, April 10, 2024
Data Management, Public Policy, Government, Technology, Consumer, Restaurant, Bar, Mobile, Wireless, Specialty, Office Products, Food, Beverage, Retail, Small Business, Other Travel, Finance, Travel, Banking, Accounting, Professional Services, State, Local, Other Consumer, Software, Labor, Hardware, Digital technology, News, Cryptocurrency

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the first quarter ended March 31, 2024 following the close of the U.S. markets on Tuesday May 7, 2024.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the first quarter ended March 31, 2024 following the close of the U.S. markets on Tuesday May 7, 2024.
  • Toast will host a conference call to discuss its results at 5:00 p.m. Eastern Time the same day.
  • The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com .
  • Toast will host an Investor Day for financial analysts and institutional investors on Wednesday, May 29, 2024 starting at 9:00 a.m. Eastern Time.

Q4 Trends Report: Catering Orders Surge with New Digital Ordering Channels, Food & Alcohol Insights & Tipping Data

Retrieved on: 
Thursday, March 7, 2024
Carriers and Services, Software, Restaurant, Bar, Other Retail, Online Retail, Wine & Spirits, Electronic Commerce, Apps, Applications, Technology, Food, Beverage, Retail, Other Technology, Food Tech, Online, Wine, News, BBQ, Holiday, Cheese, Drink, Beer, Meal, Food delivery

This report looks into catering and large event transactions on the Toast platform, trends in 27 food types and nine alcohol categories, weekly tipping trends, and tips in all 50 U.S. States, from Q4 2023.

Key Points: 
  • This report looks into catering and large event transactions on the Toast platform, trends in 27 food types and nine alcohol categories, weekly tipping trends, and tips in all 50 U.S. States, from Q4 2023.
  • To better understand food and alcohol trends in Q4 2023, Toast analyzed order counts for 27 restaurant dishes and nine alcohol types.
  • Same-store catering transactions increased by +71% in Q4 2023 compared to Q4 2022, and approximately 30% of that increase came through Catering Online Ordering, which launched in Q3 2023.
  • 3Methodology: Toast analyzed catering transactions from a cohort of restaurants on the Toast Catering & Events platform in Q4 2022 and Q4 2023.

Toast Announces Participation at Morgan Stanley Conference

Retrieved on: 
Wednesday, February 21, 2024
Retail, Data Management, Technology, Finance, Fintech, Professional Services, Online Retail, Other Retail, Wine & Spirits, Restaurant, Bar, Other Technology, Specialty, Payments, Software, Food, Beverage, Mobile, Wireless, Digital technology, Conference, PST

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Tuesday, March 5, 2024 at 12:35 p.m. PST.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Tuesday, March 5, 2024 at 12:35 p.m. PST.
  • A webcast of the company presentation will be available on Toast's Investor Relations website at https://investors.toasttab.com/overview/ .

Caribou Coffee Selects Toast to Support Growing Coffeehouse Footprint

Retrieved on: 
Wednesday, February 21, 2024
Banking, Technology, Accounting, Professional Services, Small Business, Restaurant, Bar, Other Travel, Travel, Specialty, Food, Beverage, Software, Retail, Mobile, Wireless, Hardware, Data Management, Finance, Office Products, Senior, POS, Partnership, Sale, Digital technology, Caribou Coffee, Coffee, KDS, Enterprise, The Human Bean, Juice, Nightclub

Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States.

Key Points: 
  • Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States.
  • In addition to Toast point-of-sale (POS) terminals, Caribou Coffee will use Toast Payments , Kitchen Display Systems (KDS), and Multi-Location Management .
  • To help support the brand’s growing coffeehouse footprint, Caribou Coffee sought a modern technology partner with a robust, scalable POS solution that would be easy to use for all stakeholders including company and franchisee operators and team members.
  • “Caribou Coffee was founded over 30 years ago with a vision to bring personal service into the coffeehouse space.

Toast Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024
Hardware, Retail, Technology, Small Business, Fintech, Communications, Accounting, Professional Services, Restaurant, Bar, Electronic Commerce, Delivery Services, Payments, Software, Digital Marketing, Food, Beverage, GAAP, Depreciation, GPV, Adjustment, Digital technology

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • Subscription services and financial technology solutions gross profit was up 35% year over year from Q4 2022 to $270 million.
  • Non-GAAP subscription services and financial technology solutions gross profit grew 36% year over year to $281 million.
  • Beginning in fiscal year 2024, Toast is providing forward-looking guidance for Non-GAAP Subscription Services and Financial Technology Solutions Gross Profit which Toast considers its recurring gross profit streams.

Toast Restaurant Technology Selected by Choice Hotels as Brand Standard for Two Upscale Brands

Retrieved on: 
Wednesday, February 7, 2024
Other Travel, Lodging, State, Local, Travel, Labor, Electronic Commerce, Other Technology, Mobile, Wireless, Public Policy, Government, Software, Other Retail, Office Products, Restaurant, Bar, Hardware, Specialty, Data Management, Small Business, Technology, Food, Beverage, Other Consumer, Retail, Finance, Banking, Accounting, Professional Services, Consumer, Online, Choice Hotels, Growth, Table, Senior, PMS, CHH, POS, Political lists, Choice, Sale, Digital technology, Hotel

Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an innovative collaboration with Choice Hotels International (NYSE: CHH) to make its Toast for Hotel Restaurants technology a brand standard for two of Choice’s upscale brands, Cambria Hotels and Radisson.

Key Points: 
  • Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an innovative collaboration with Choice Hotels International (NYSE: CHH) to make its Toast for Hotel Restaurants technology a brand standard for two of Choice’s upscale brands, Cambria Hotels and Radisson.
  • Cambria and Radisson will implement Toast technology as a brand standard by summer 2025 for Cambria and by the beginning of 2026 for Radisson properties.
  • Cambria and Radisson hotels, along with most of Choice Hotels’ portfolio of brands, are connected by the award-winning loyalty program Choice Privileges.
  • “We are delighted to be implementing Toast technology as a brand standard for Cambria and Radisson properties and to offer Toast to other Choice Hotels brands as a Qualified Vendor.”

Toast Announces Release Date Of Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 1, 2024
Data Management, Retail, Technology, Restaurant, Bar, Software, Networks, News, Digital technology, Cryptocurrency

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023 following the close of the U.S. markets on February 15, 2024.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023 following the close of the U.S. markets on February 15, 2024.
  • Toast will host a conference call at 5:00 p.m. Eastern Time on Thursday, February 15, 2024 to discuss the results.
  • The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com .
  • A replay of the conference call will also be available on Toast’s investor relations website.