Financial PerformanceTOST delivered strong 2Q results, coming in ahead of expectations while also providing an above-consensus 3Q guide and raising the FY25 outlook.
Market ExpansionThe company is also gaining momentum in emerging verticals/international markets, noting it took its first restaurant live in Australia.
Strategic PartnershipsTOST announced a partnership with American Express, which should enhance the Local by Toast app with integrated reservations and personalized dining.