Toast Data: Reservation Trends Shift to Slower Days and Early Dinners
Toast, Inc. (TOST)
Company Research
Source: Business Wire
The Q3 2024 Restaurant Trends report examines shifts in reservation trends, food and alcohol price increases, and tipping and wage data for full-service restaurants. BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q3 2024 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. cities on the Toast platform, which serves approximately 127,000 restaurant locations as of September 30, 2024. Read more details about our methodology below.Key takeaways:Reservations on the Toast platform increased 11% on Mondays and Tuesdays and dipped 1% on Saturdays compared to last year.1Compared to last year, guests are booking more reservations for early bird dinners and fewer reservations after 7 p.m. 217% of reservations were canceled in Q3 2024, down from 19% compared to last year.345% of res
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TOST
News
- Toast, Inc. (NYSE: TOST) had its price target raised by analysts at Keefe, Bruyette & Woods from $29.00 to $40.00. They now have a "market perform" rating on the stock.MarketBeat
- Toast and Uber Expand Partnership, Helping Restaurants Reduce Costs and Reach More Diners with Commission-Free DeliveryBusiness Wire
- Toast (TOST) and Viking Holdings (VIK) Are Aggressive Growth Stocks [Yahoo! Finance]Yahoo! Finance
- Best Momentum Stocks to Buy for December 2nd [Yahoo! Finance]Yahoo! Finance
- Toast, Inc. (NYSE: TOST) had its "neutral" rating re-affirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $45.00 price target on the stock, up previously from $34.00.MarketBeat
TOST
Earnings
- 11/7/24 - Beat
TOST
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 144
- 12/17/24 - Form 4
- TOST's page on the SEC website