Latest news with #Toast
Yahoo
a day ago
- Business
- Yahoo
2 Breakout Stocks to Buy Now
Key Points The surging demand for cruises isn't slowing down, which is very bullish for Carnival's prospects. Toast is seeing growing adoption of its cloud-based restaurant management platform, as restaurant owners look to upgrade to cutting-edge technology solutions powered by AI. 10 stocks we like better than Carnival Corp. › The major market indices are in a V-shaped recovery since the sell-off in March over recession fears. With a new bull market underway, investors should take note of stocks that are surging to new 52-week highs, as this can indicate where the smart money see opportunities. Here are two breakout stocks to consider buying right now. 1. Carnival Shares of Carnival (NYSE: CCL) have surged 18% year to date, beating the S&P 500 return of 8% at the time of this writing in late July. The stock is poised to move higher from strong demand for travel. The company has posted eight consecutive quarters of record revenue, with a favorable outlook for bookings into next year that should lead to strong earnings. While other consumer-related industries are experiencing softness in sales, such as apparel, consumers are not hesitant to plan cruise trips. After a strong first half of the year, analysts anticipate Carnival's revenue increasing to $25 billion for 2025, with adjusted earnings per share landing at $2.00, according to Yahoo! Finance. The cruise industry has been steadily growing since the pandemic. It remained resilient even during the spike in inflation in 2022. Entering 2024, 82% of those who had already taken a cruise plan to do so again, according to the Cruise Lines International Association. Carnival not only benefits from industry trends, management is executing well on its growth strategy. During the Q2 earnings call in June, management noted strong demand for bookings well into 2026, while having only limited capacity. This is supporting higher ticket prices, which should continue to boost margins and earnings. Carnival stock's conservative forward price-to-earnings multiple of 15 could potentially support more market-beating returns over the next few years. Analysts forecast Carnival's earnings to grow at an annualized rate of 21%. 2. Toast With artificial intelligence (AI) sweeping across every industry, restaurant operators are eager to get their hands on cutting-edge technology to make running a restaurant simpler and more cost-efficient. Toast (NYSE: TOST) appears to be the best stock to profit off the digital transformation of the restaurant industry. After bottoming out with the broader market a few years ago, the stock has been on a tear year to date, climbing 33%. Restaurant management software is a competitive market, with a countless number of companies offering solutions. But Toast has the finances, technology, and easy-to-use software to win a large share of this market. Its intuitive user interface makes onboarding employees fairly straightforward. It offers powerful tools like handheld devices and a cloud-based all-in-one system. Toast added more than 6,000 net locations in Q1, bringing its total base to around 140,000. This marked a 25% year-over-year increase, translating to a 31% increase in annualized recurring revenue. Importantly, Toast's strong revenue growth is starting to pull margins up. Growth in high-margin areas like subscriptions and payment solutions is driving higher recurring gross profit, which grew 37% year over year in Q1. As Toast continues to post strong financials, it is reinvesting in new tools that can keep momentum going. Its ToastIQ feature could be a game changer. This feature uses AI to pull insights from millions of transactions across Toast's customer base. This means ToastIQ is getting smarter the more locations that use the platform -- a classic network effect competitive advantage. Wall Street may be starting to recognize the advantage that Toast is building. The stock seems to be in the process of being rerated as a sustainable, high-growth software company. Toast is going after a huge addressable market, with an estimated 875,000 restaurants in the U.S. alone. The stock's recent breakout is a bullish signal on where it's headed over the long term. Should you invest $1,000 in Carnival Corp. right now? Before you buy stock in Carnival Corp., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Carnival Corp. wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 28, 2025 John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Toast. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy. 2 Breakout Stocks to Buy Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
2 days ago
- Business
- USA Today
National Chicken Wing Day 2025: Deals, free food at Buffalo Wild Wings, Wingstop, more
National Chicken Wing Day may have been cooked up in Buffalo, New York, but it's become a nationwide excuse to indulge in the dish. Back in 1977, then-mayor of Buffalo, New York Stan Makowski, proclaimed July 29 as National Chicken Wing Day to celebrate that 'thousands of pounds of chicken wings are consumed by Buffalonians in restaurants and taverns throughout the city each week." That's a smidgen of the amount of wings now consumed annually in the U.S. Americans ordered more than 1.2 billion servings of wings in the 12 months ending June 2025, which is down 1.5% from the year before, according to research firm Circana CREST tracking data. Drink deals: Beat the summer heat with specials from Dunkin' to Panera The history of chicken wings still spices up a debate, but the dish arose in the 1960s and flourished in the 1980s as the cooking of whole chickens declined and consumers began preferring chicken breasts in entrées. As chicken wings became a food to bond over, flavors have expanded way beyond the traditional buffalo sauce to sauces and rubs including bourbon, lemon pepper, mango and teriyaki – plus ever-hotter spicier sauces. And, of course, there's boneless wings, which hit menus starting in 2003 when Buffalo Wild Wings introduced the dish. Prices for an order of chicken wings have risen slightly in restaurants over the past two years and are up 2.4% compared to a year ago, according to digital restaurant payment platform Toast, which is used in more than 140,000 restaurants. To help you save, many wing-centric restaurants have specials on National Chicken Wing Day. Here's some to consider. Remember, check social media accounts of your local restaurants for deals, too. Buffalo Wild Wings National Chicken Wing Day deal Buffalo Wild Wings is giving customers six free wings (boneless or traditional) with an order of $10 or more. You can get the deal when you dine in or when you order online or in the Buffalo Wild Wings App using promo code FREEWINGS. Among your options: the Honey Garlic sauce, which has become part of the permanent menu. Popeyes: National Chicken Wing Day deals Popeyes has three ways you can extend your National Chicken Wing Day festivities. Through Sunday, Aug. 3, when you order in stores, with any purchase of a 6-piece Bone-In Wings, you can get a free 6-piece order free. Members of the Popeyes Rewards loyalty program get a free 6-piece order of Spicy Bone-In Wings with any wings order online or in the Popeyes app. (Redeem the deal in the Offers tab; account registration required. Prices higher on delivery orders.) You can also get a buy one, get one free deal on 6-piece orders of bone-in or boneless wings when you order from delivery services DoorDash or Uber Eats. (At participating restaurants; offer good until Aug. 4 at 2:59 a.m. ET.) Wingstop's National Chicken Wing Day deal The chicken wing restaurant has a National Chicken Wing Day deal on July 29 – five free wings with a qualifying chicken purchase use code FREEWINGS (more details to come). But Wingstop has already made news regarding National Chicken Tender Day, which is Sunday, July 27. Competitor Raising Canes trademarked the phrase "National Chicken Tender Day," back in 2019. But that didn't stop Wingstop from filing its own trademark application on July 23 "staking our claim on our distinctive crispy tenders that fans crave," said Wingstop's chief revenue officer Mark Christenson in a news release. Wingstop, which doesn't have any National Chicken Finger Day deals or discounts, also recently added to its menu the Paige Bueckers' Flavor Lineup, featuring her WNBA All-Star's favorite items: personal favorites: six OG Hot classic wings, six Hickory Smoked BBQ boneless wings, two Garlic Parmesan crispy tender, large order of seasoned fries and two ranch dips (available for a limited time). More National Chicken Wing Day deals Contributing: Gabe Hauari Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
Business Wire
22-07-2025
- Business
- Business Wire
Toast Announces Release Date Of Second Quarter 2025 Financial Results
BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the second quarter ended June 30, 2025 following the close of the U.S. markets on Tuesday, August 5, 2025. Toast will host a conference call to discuss its results at 5:00 p.m. Eastern Time the same day. The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: A replay of the conference call will also be available on Toast's investor relations website. About Toast Toast [NYSE: TOST] is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a comprehensive platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business across point of sale, payments, operations, digital ordering and delivery, marketing and loyalty, and team management. We serve as the restaurant operating system, connecting front of house and back of house operations across service models including dine-in, takeout, delivery, catering, and retail. Toast helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. For more information, visit TOST-FIN
CNBC
17-07-2025
- Business
- CNBC
Stocks making the biggest premarket moves: PepsiCo, Starbucks, General Electric, Cars.com and more
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage company rose 3% following its second-quarter beat on both the top and bottom lines. Adjusted earnings came in at $2.12 per share on revenues of $22.73 billion, versus the $2.30 per share on revenue of $22.28 billion, according to LSEG. Starbucks — The coffee chain fell 1.6% on the back of a downgrade at Jefferies to underperform from hold. The firm believes the stock has surpassed reasonable expectations for improving fundamentals. Taiwan Semiconductor Manufacturing — Shares of the chip manufacturer added 3.3% after the company's second-quarter profit rose 61% from the year prior, hitting a record high and beating estimates. GE Aerospace — Shares of the jet engine maker ticked up about 1% after second-quarter results beat expectations. GE Aerospace reported $1.66 in adjusted earnings per share on $10.15 billion of adjusted revenue. Analysts were expecting $1.43 per share and $9.59 billion, according to FactSet. GE Aerospace also raised full-year guidance on several metrics. U.S. Bancorp — The stock sank 4% after the bank's second-quarter total net revenue came in at $7 billion, short of the $7.05 billion expected from analysts polled by LSEG. Net interest margins also missed expectations. — Shares of the online car marketplace popped 6% following an upgrade at JPMorgan to overweight from neutral. The bank cited growth of new vehicle inventory and potentially overstated tariff fears for the call. Toast — The payment tech company jumped nearly 3% after Deutsche Bank resumed coverage of the stock with a buy rating. The bank said Toast has strong value propositions that will result in market share gains and long-term success. United Airlines — Shares dropped about 1% after the airline carrier's second-quarter revenue missed Wall Street's expectations. United Airlines posted revenue of $15.24 billion, below the $15.35 billion that analysts surveyed by LSEG were expecting. Earnings were better than expected, however, coming in at $3.87 per share compared to the consensus estimate of $3.81 per share. Archer-Daniels-Midland — Shares of the food processing company, which supplies high-fructose corn syrup, sank nearly 3% after President Donald Trump said Coca-Cola will start to be made with cane sugar. Coca-Cola didn't commit to the change when asked by NBC News . Sarepta Therapeutics — The biotech stock surged 29% after the medical research and drug development company laid off roughly 500 workers, or 36% of its workforce, as part of its strategic restructuring plan . Sarepta said the move would save the company about $120 million in annual cash cost savings in 2026. MP Materials — The stock fell 4% after the company said its public offering of 11.8 million common shares would be priced at $55 per share. Shares closed Wednesday's session at $58.55. Abbott Laboratories — Shares slipped 4.7% after the health care company's third-quarter guidance fell short of Wall Street's expectations. Abbott anticipates earnings between $1.28 to $1.32 per share, versus the $1.34 per share expected from analysts polled by FactSet. However, second-quarter adjusted earnings and revenue both topped expectations. Shake Shack — The stock slipped 2.6% following a downgrade at Jefferies to underperform from hold. The firm believes shares are baking in too much optimism around near-term same-store-sales trends. —CNBC's Alex Harring, Sarah Min, Sean Conlon and Jesse Pound contributed reporting.
Yahoo
16-07-2025
- Business
- Yahoo
Toast Stock Up 22% YTD: Does the Rally Have More Room to Run?
Toast, Inc.'s TOST shares have gained 21.6% year to date, outperforming the Internet Software market and the Zacks Computer & Technology sector's growth of 14.6% and 8.4%, respectively. The S&P 500 composite has returned 5.6% over the same time frame. The company is one of the leading providers of software-as-a-service (SaaS) and hardware solutions focused on the restaurant market. Price Performance Image Source: Zacks Investment Research TOST was down 0.3% last day and closed the session at $44.34, close to its 52-week high of $46.57. While the recent momentum may seem encouraging, let us take a closer look at the company's pros and cons to ascertain whether investors hold the stock or exit the investment. What Is Working in Favor of TOST Toast is expanding its presence in the core U.S. SMB restaurant market. Wins like Applebee's and Topgolf reflect that its momentum is strong. TOST has only 10% penetration into its 1.4 million location TAM, thereby offering a substantial long-term expansion opportunity. Toast's investments in AI-powered tools like Sous Chef and ToastIQ bode well. Apart from this, the company is making progress in three new growth vectors: enterprise, international and food & beverage retail. It has set a target to cross 10,000 locations by the end of 2025 across these three new growth areas. To boost its international footprint, Toast has added loyalty, e-mail marketing and guest book to product offerings and consequently managed to double guest attach rate over the past year for the most recent locations that went live. TOST registered more than 6,000 net locations in the first quarter of 2025. It ended with approximately 140,000 total customer locations globally at quarter-end, reflecting 25% year-over-year growth. Management expects to post record net adds in the current quarter and 2025 is now expected to top 2024's full-year net additions. Toast, Inc. Price, Consensus and EPS Surprise Toast, Inc. price-consensus-eps-surprise-chart | Toast, Inc. Quote Toast achieved an adjusted EBITDA margin of 32%, within its medium-term target of 30-35% well ahead of schedule. The company attributed the strong profitability to disciplined expense management. Excluding bad-debt charges and credit-related expenses, operating costs rose only around 12%, mainly due to increased spending on sales and marketing to hire representatives and amplify brand efforts. Research and development, and general and administrative expenses remained mostly flat. Management emphasized that this disciplined approach is fueling healthy top-line growth while investing only in areas with high return on investment. Free cash flow turned positive. The figure was $69 million against a $33 million loss a year ago. Driven by these developments, Toast now projects 26% growth in fintech and subscription gross profit for 2025 at the midpoint, while adjusted EBITDA is now estimated at $550 million, with a 31% margin, an increase of five percentage points from 2024. Given this, analysts have revised earnings estimates upwards for the current quarter and the current year. Image Source: Zacks Investment Research Challenges Loom Large for TOST Management highlighted that it was closely monitoring the macro environment and emphasized restaurants' ability to navigate macro challenges. Despite Toast's confidence, the restaurant industry is still highly sensitive to consumer spending, labor inflation and supply-chain volatility. A consumer downturn or cost pressures could reduce restaurant spend on technology, thereby impacting TOST's performance. Decline in Gross Payment Volume ('GPV') per location is another problem, as it implies lower average transaction volumes. TOST's overall GPV surged 22% year over year to $42 billion in the first quarter. However, GPV per location declined 3% year over year. TOST added that it expects GPV per location to remain down in a similar range in the current quarter. Higher costs and competitive pressure from various small and big players who are also vying for a larger share of this lucrative market are other headwinds. Subscription revenues were up 38%, driven by improved ARR to revenue conversion. The company expects subscription revenue growth to 'return to more normalized levels' in the latter half of 2025. Stretched Valuation for TOST TOST stock is also not so cheap, as its Value Style Score of F suggests a stretched valuation at this moment. Image Source: Zacks Investment Research Toast is quite expensive, with the stock trading at a premium with a price/book multiple of 13.20X compared with the industry's 6.57X. Final Word: Hold TOST Stock for Now Despite some headwinds, Toast's focus on expanding addressable market and strategic investments in AI supports long-term upside. The company's improving profitability, robust customer additions and raised outlook reflect operational strength. TOST currently carries a Zacks Rank #3 (Hold). Long-term investors should continue holding their positions. However, new entrants may benefit from waiting for a more favorable entry point, as the current valuation indicates the optimism is already largely priced in. Stocks to Consider Some better-ranked stocks within the Internet software space are Affirm Holdings, Inc. AFRM, Bumble Inc. BMBL and HubSpot, Inc. HUBS, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for AFRM's fiscal 2026 EPS is pegged at 74 cents, improved by 4 cents in the past seven days. AFRM's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 102.2%. The stock has gained 104.9% in the past year. The Zacks Consensus Estimate for BMBL's 2025 earnings per share is pegged at $1.05, improved by 1 cent in the past seven days. Bumble's earnings missed the Zacks Consensus Estimate in the last reported quarter by 18.8%. Its shares have lost 29.5% in the past year. The Zacks Consensus Estimate for HUBS' 2025 EPS is pegged at $9.34, unchanged in the past seven days. HubSpot's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.65%. The stock has risen 10.1% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HubSpot, Inc. (HUBS) : Free Stock Analysis Report Affirm Holdings, Inc. (AFRM) : Free Stock Analysis Report Bumble Inc. (BMBL) : Free Stock Analysis Report Toast, Inc. (TOST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
