Toast Restaurant Q1 Trends Report: Dine In Growth Surges While Takeout and Delivery Decline
Toast, Inc. (TOST)
Company Research
Source: Business Wire
Guests tip 5% more on average when dining in versus ordering take-out or delivery BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q1 Restaurant Trends Report, providing visibility into the overall state of the restaurant industry through aggregated sales data from restaurants on the Toast platform, which serves approximately 62,000 locations in the U.S.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220518005199/en/(Graphic: Business Wire)In Q1, the operating environment continued to change rapidly for restaurant operators – pandemic restrictions lifted throughout the U.S., leading to a surge in guests dining in, all while the industry continued to face a sustained labor shortage alongside rising input prices due to supply chain disruption and accompanying inflation. However, with this backdrop, restaurant operators, employees and suppliers remained i
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TOST
News
- Toast (TOST) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Toast, Inc. (NYSE: TOST) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $26.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Toast, Inc. (NYSE: TOST) had its price target raised by analysts at Robert W. Baird from $24.00 to $28.00. They now have an "outperform" rating on the stock.MarketBeat
- Toast, Inc. (NYSE: TOST) had its price target raised by analysts at Wells Fargo & Company from $15.00 to $17.00. They now have an "underweight" rating on the stock.MarketBeat
- Toast, Inc. (NYSE: TOST) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $23.00 price target on the stock.MarketBeat
TOST
Earnings
- 2/15/24 - Beat
TOST
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- TOST's page on the SEC website