Toast Says Market Share Growth Shows FTC Lawsuit Is Groundless
By PYMNTS
AI summary of the source article
Restaurant and retail technology provider Toast was surprised by an FTC lawsuit announced last week, CEO Aman Narang said during the company's third-quarter earnings call. Narang stated the action will not affect Toast's plans to build a generational company.
Key facts
- The Federal Trade Commission announced a lawsuit against restaurant and retail technology provider Toast.
- Toast CEO Aman Narang said during a Q3 earnings call on Tuesday (Nov. 3) that the company was surprised by the lawsuit.
- Narang stated the lawsuit will not affect the company's plans to build a generational company.
Source excerpt · PYMNTS
Restaurant and retail technology provider Toast was surprised by a Federal Trade Commission (FTC) lawsuit announced last week and will not let it affect its plans to build a generational company, CEO Aman Narang said Tuesday (Nov. 3) during the company’s third quarter earnings call. “One of our values is, we are all in customer […] The post Toast Says Market Share Growth Shows FTC Lawsuit Is Groun…