Toast, Inc. reports company developments for a cloud-based technology platform built for restaurant, retail and hospitality operators. Its news commonly covers financial results, annualized recurring run-rate, net location additions, subscription services, financial technology solutions, integrated payments, and hardware and professional services.
Company updates also address platform expansion across point of sale, operations, digital ordering and delivery, marketing and loyalty, team management, and partner ecosystems. Recurring announcements include commercial partnerships with restaurant groups, hotels and hospitality brands, product launches such as Toast IQ Grow and Toast Go® handheld POS devices, and the use of AI, payments and software tools within Toast’s operating platform.
Toast (NYSE: TOST), a digital technology platform for restaurants, has announced that its management team will participate in the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for Tuesday, May 13, 2025, at 11:30 AM EDT in Boston, MA. Investors and interested parties can access the webcast of the presentation through Toast's Investor Relations website at investors.toasttab.com/overview/.
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Toast (NYSE: TOST), the all-in-one digital technology platform for restaurants, has scheduled the release of its first quarter 2025 financial results for Thursday, May 8, 2025, after U.S. markets close. The company will hold a conference call at 5:00 p.m. Eastern Time on the same day to discuss the quarterly performance. Investors can access the financial results news release and conference call link through Toast's investor relations website. A replay of the conference call will be made available on the same platform.
Toast (NYSE: TOST) has secured a significant partnership with Dine Brands Global to implement its technology solutions across Applebee's locations nationwide. The implementation includes Toast point-of-sale terminals, Toast Go® handhelds, Kitchen Display Systems, and Restaurant Management Suite Enterprise.
The technology upgrade aims to enhance operational flexibility, improve labor efficiency, and elevate the guest experience at Applebee's restaurants. This marks a important evolution for the 45-year-old casual dining brand, with the new systems expected to streamline operations and allow team members more time for guest interactions.
Toast currently serves hundreds of multi-unit brands, including notable names like Caribou Coffee, Choice Hotels, and Potbelly Sandwich Shop. This partnership represents a significant expansion of Toast's enterprise-level implementations in the restaurant industry.
Toast (NYSE: TOST) has partnered with renowned food critic Keith Lee to launch a restaurant recognition initiative worth $150,000 in total cash prizes. The program will award $50,000 each to three deserving restaurants based on their Commitment to Hospitality, Community Connection, and Employee Care and Engagement.
Two restaurants have already been pre-selected by Keith Lee, while the third winner will be chosen through social media nominations. The nominator of the winning restaurant will receive an additional $25,000. Nominations are open until April 25, 2025, with winners to be announced on May 13.
This initiative is part of Toast's broader 'Little Things' campaign launched in early 2025, which includes collaborations with chef Matty Matheson, Sophia Roe, and Danny Grubs to showcase the intricate details of restaurant operations and hospitality excellence.
Toast (NYSE: TOST), the all-in-one digital technology platform for restaurants, has announced that its management team will participate in the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for March 6, 2025, at 9:15 a.m. PST in San Francisco, CA. Interested parties can access the company presentation webcast through Toast's Investor Relations website at investors.toasttab.com/overview/.
Toast (NYSE: TOST) reported strong financial results for Q4 and full year 2024, marking its first year of GAAP profitability. The company added a record 28,000 net locations in 2024, reaching approximately 134,000 total locations, a 26% year-over-year increase.
Key financial highlights include: Annualized Recurring Revenue (ARR) grew 34% to over $1.6 billion; Q4 net income was $33 million with Adjusted EBITDA of $111 million; Full year 2024 net income reached $19 million with Adjusted EBITDA of $373 million. Gross Payment Volume (GPV) increased 25% year-over-year to $42.2 billion in Q4.
For 2025, Toast expects non-GAAP subscription services and financial technology solutions gross profit of $1,745-1,765 million and Adjusted EBITDA of $510-530 million. The company also announced an expanded partnership with Uber and signed agreements with major restaurant groups including Ascent Hospitality Management.
Toast (NYSE: TOST) has secured an agreement with Ascent Hospitality Management to implement Toast Enterprise Solutions across 500 Perkins and Huddle House restaurant locations. The implementation includes Toast point-of-sale terminals, Toast Go® mobile handheld devices, Kitchen Display Systems, and Toast's Restaurant Management Suite Enterprise.
Ascent Hospitality Management chose Toast as their cloud-based technology partner to enhance operational efficiency, improve guest dining experience, and support future growth. The partnership began with the first Perkins location implementing Toast last fall, with more restaurants transitioning to the platform.
This agreement adds to Toast's portfolio of multi-unit brand clients, which includes Caribou Coffee, Choice Hotels, Craveworthy Brands, and several other notable chains.
Toast (NYSE: TOST), a digital technology platform for restaurants, has announced it will release its fourth quarter and full year 2024 financial results after U.S. markets close on Wednesday, February 19, 2025. The company will host a conference call to discuss the results at 5:00 p.m. Eastern Time on the same day. The financial results and conference call details will be available on Toast's investor relations website, where a replay will also be accessible.