Toast Made Decision To Remove $0.99 Order Processing Fee From New Version Of Digital Ordering Suite By End Of This Week; Does Not Expect Decision To Have Any Material Impact To Its Previously Announced Guidance For Q2
Portfolio Pulse from Benzinga Newsdesk
Toast has decided to remove the $0.99 order processing fee from its new version of the digital ordering suite by the end of this week. The company does not expect this decision to have any material impact on its previously announced guidance for Q2.

July 19, 2023 | 12:08 pm
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Toast's decision to remove the $0.99 order processing fee is not expected to have a significant impact on its Q2 guidance.
Toast's decision to remove the $0.99 order processing fee from its digital ordering suite is a strategic move that could potentially attract more customers. However, the company has stated that this decision will not have a material impact on its Q2 guidance, suggesting that the potential increase in volume may offset the loss in fee revenue. Therefore, the short-term impact on the stock is expected to be neutral.
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