Toast Restaurant Trends Report: The Cost of Going Out to Lunch
Toast, Inc. (TOST)
Company Research
Source: Business Wire
The Q2 2024 Restaurant Trends report examines popular lunch food trends, quick-service restaurant transactions in 20 U.S. cities, restaurant employee wages, and tipping data. BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q2 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 120,000 restaurant locations as of June 30, 2024. Read more details about our methodology below.Key takeaways:In Q2 2024, guests at quick-service restaurants (QSRs) paid an average of $11.26 (+4.6% YOY) for sandwiches and wraps, $12.98 (+4.6%) for bowls, $11.45 (+4.6% YOY) for burgers, $11.42 (+2.7% YOY) for salads, $10.74 (+4.3% YOY) for burritos, $6.04 (+4.4% YOY) for an order of fries, and $3.00 (+4.6% YOY) for a soda.1Sandwiches and w
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News
- Toast, Inc. (NYSE: TOST) had its price target raised by analysts at Bank of America Co. from $26.00 to $28.00. They now have a "neutral" rating on the stock.MarketBeat
- Toast, Inc. (NYSE: TOST) had its "buy" rating re-affirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $29.00 price target on the stock.MarketBeat
- Toast, Inc. (NYSE: TOST) was upgraded by analysts at Wedbush to a "strong-buy" rating.MarketBeat
- Toast Announces Participation at Goldman Sachs ConferenceBusiness Wire
- Toast, Inc. (TOST): Among Morgan Stanley's Highest Conviction Stocks [Yahoo! Finance]Yahoo! Finance
TOST
Earnings
- 8/6/24 - Beat
TOST
Sec Filings
- 9/27/24 - Form 144
- 9/26/24 - Form 4
- 9/24/24 - Form 4
- TOST's page on the SEC website