|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||48.65 - 51.99|
|52-week range||48.65 - 65.99|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
BOSTON, October 19, 2021--Toast (NYSE: TOST), the all-in-one platform built for restaurants, today announced Spark, a Restaurant Innovation Event. Spark will take place virtually on November 16th and give restaurant professionals a first look at new innovations designed to help them run their businesses better in a keynote from Toast CEO Chris Comparato. World-renowned chef, restaurateur and humanitarian José Andrés will participate in a fireside chat with Toast SVP, Customer Success, Emmanuelle
The restaurant industry has seen major changes over the past decade, especially since the onset of the COVID-19 pandemic. This type of service is something a small business cannot build on its own and is why restaurants typically outsource their technology needs. Toast (NYSE: TOST) is one company that offers these services to individual restaurants, and its stock just went public through an initial public offering (IPO) in late September.
Toast's business started in point-of-sale software, but it has since expanded into offering nearly every back-end service its 48,000 restaurant partners could need. Through its platform, Toast is hoping to reduce the complexity of effectively managing a restaurant. Toast wants to be the one-stop shop for these businesses, and the company has ramped up the number of services it offers -- now almost two dozen of them -- including everything from payroll to payment processing to marketing.