Restaurants are finally taking price hikes off the menu [Yahoo! Finance]
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Company Research
Source: Yahoo! Finance
Consumer prices were 2.6% higher in October than the same time a year ago, according to federal data released Wednesday, up slightly from September's 2.4% annual rate. But while the “last mile” in the fight against inflation has proved slow going, dining out costs are moving in a more affordable direction. The prices of food purchased away from home rose just 0.2% from September to October, down from 0.3% the previous two months, as restaurants ease up on price hikes. About 34% of operators told Toast that they've still raised prices over the past year, compared with 42% last year, the point-of-sale software provider found in a survey it released late last month. “If you think back to last year, there was a lot of uncertainty about how 2024 would play out,” said Kelly Esten, Toast's chief marketing officer. Since then, an improving economy has restaurants “feeling more optimistic about the future than last year,” she said. Consumers' hunt for bargains has forced a reckoning ove
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News
- Lightspeed Introduces the Next Generation Kitchen Display System [Yahoo! Finance]Yahoo! Finance
- Lightspeed Introduces the Next Generation Kitchen Display SystemPR Newswire
- High-Growth Canadian Stocks to Buy Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- Optable Welcomes Jean-Paul Chauvet and David Hahn to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Lightspeed Commerce Inc. (NYSE: LSPD) was upgraded by analysts at Royal Bank of Canada from a "strong sell" rating to a "moderate buy" rating.MarketBeat
LSPD
Sec Filings
- 11/7/24 - Form 6-K
- 11/7/24 - Form 6-K
- 10/10/24 - Form 6-K
- LSPD's page on the SEC website