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Toast, Inc. - $TOST STOCK NEWS

Welcome to our dedicated page for Toast news (Ticker: $TOST), a resource for investors and traders seeking the latest updates and insights on Toast stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Toast's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Toast's position in the market.

Rhea-AI Summary

Toast reported strong first quarter 2024 financial results, with 6,000 new locations added, ARR growing 32% to $1.3 billion, and net loss at $(83) million. The company's CEO highlighted top-line growth and margin expansion, positioning Toast for durable growth and margin expansion.

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Toast (NYSE: TOST) has launched Digital Storefront and Marketing Suites to enhance restaurants' online presence and guest engagement. The Digital Storefront Suite offers website and online ordering capabilities, while the Marketing Suite provides tools for automated marketing campaigns. These suites enable restaurants to gather guest data, create targeted campaigns, and offer customized guest experiences. The press release highlights how these innovations aim to attract and retain guests through online engagement.

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Toast (NYSE: TOST) launches Restaurant Management Suite to provide enterprise brands with exclusive data, insights, and control. The suite includes Advanced Restaurant Analytics, Multi-Location Management, Menu Manager, and Benchmarking tools. Partner integrations, API access, E2EE, and P2PE payment security solutions are also available. Customer testimonials highlight improved operational efficiency and reduced administrative workload.
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Toast (NYSE: TOST) to release Q1 2024 financial results on May 7, 2024, followed by an Investor Day on May 29, 2024.
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Toast (NYSE: TOST) releases its Q4 2023 Restaurant Trends Report, offering insights into the U.S. restaurant industry's performance during the holiday season, large events, food and alcohol preferences, and tipping trends.
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Toast (TOST) to Present at Morgan Stanley Conference in March 2024
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Toast (NYSE: TOST) partners with Caribou Coffee to implement Toast Enterprise Solutions at 500 locations in the U.S., enhancing guest experience and operational efficiency.
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Toast (NYSE: TOST) reported strong financial results for Q4 2023, with ARR reaching $1.2 billion, GPV increasing to $33.7 billion, and revenue growing 35% year over year. The company ended 2023 with over 106,000 locations and saw a 34% increase in total locations. Toast's gross profit and non-GAAP gross profit showed significant growth, with subscription services and financial technology solutions also performing well. Despite a net loss in Q4 2023, the company's Adjusted EBITDA improved. For the full year 2023, Toast reported revenue growth of 42% to $3.9 billion and GPV growth of 38% to $126.1 billion. The company's outlook for 2024 indicates further growth in non-GAAP subscription services and financial technology solutions gross profit and Adjusted EBITDA.
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Toast technology partners with Choice Hotels International to implement Toast for Hotel Restaurants technology as a brand standard for Cambria Hotels and Radisson, aiming to digitalize the guest experience and streamline food and beverage operations. The collaboration is set to accelerate growth in food and beverage programs, integrate with property management systems, and improve guest satisfaction. It includes the implementation of Toast Go® 2 handhelds, Mobile Order & Pay, Toast Online Ordering, Kiosks, Kitchen Display Systems, and Toast Payments. This collaboration aims to enhance the dining experience for guests and hotel staff, increasing lobby marketplace sales and empowering operators to drive food and beverage sales.
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Toast (NYSE: TOST) will release financial results for Q4 and full year 2023 on February 15, 2024. A conference call will be held to discuss the results. The news release and conference call link will be accessible on the Toast investor relations website.
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Toast, Inc.

NYSE:TOST

TOST Rankings

TOST Stock Data

13.13B
388.87M
11.01%
83.2%
5.29%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
BOSTON

About TOST

toast is an all-in-one point-of-sale and restaurant management platform. as a cloud-based system built specifically for restaurants, toast offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface. want to be a toaster? join us! we move fast, work hard, have fun, and care deeply about our customers’ success. http://pos.toasttab.com/careers