Toast (TOST) signals faster 2026 restaurant sign-ups as “Toast IQ” AI rolls out
Toast expects to add more net new restaurant locations in 2026 than in 2025, executives said at a Morgan Stanley conference. CFO Elena Gomez cited about 150 basis points of 2026 impact from memory chip costs and ongoing tariff pressures. Shares rose 0.9% in premarket trading after a 5.6% gain Tuesday.