Toast Inc is a technology company that provides a comprehensive point-of-sale platform designed specifically for the restaurant industry
It offers a range of services that facilitate the management of restaurant operations, including transaction processing, digital ordering, and customer engagement tools. By integrating hardware and software solutions, Toast enables restaurants to streamline their operations, enhance the dining experience for customers, and access valuable data analytics for better decision-making. The platform supports various payment options, staff management, and inventory tracking, making it an essential partner for food service establishments looking to adapt to the evolving landscape of the industry.
Shares of restaurant software platform Toast (NYSETOST)
fell 7% in the morning session as markets remained anxious about the negative impact of tariffs, with concerns intensifying following new updates from the Trump administration. Treasury Secretary Scott Bessent noted on CNBC, "We're focused on the real economy.... I'm not concerned about a little bit of volatility over three weeks."
Adding to the concerns, President Trump announced on Truth Social that his administration was considering imposing a 200% tariff on all alcoholic beverages imported from European Union countries. This move was in response to the EU's 50% tariff on whisky. Trump added, "This will be great for the Wine and Champagne businesses in the U.S."
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Toast (NYSETOST), 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 Thursday, March 6, 2025 at 9:15 a.m. PST. A webcast of the company presentation will be available on Toast's Investor Relations website at https://investors.toasttab.com/overview/.
Restaurant software platform Toast (NYSETOST) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 29.2% year on year to $1.34 billion. Its GAAP profit of $0.05 per share was in line with analysts’ consensus estimates.
Market indexes fought back and closed in the green for today’s trading session — all but the small-cap Russell 2000, which also improved but didn’t quite make it into positive territory.
