Toast (NYSE: TOST) shares backpedaled Thursday. The digital technology platform built for hospitality, today announced a partnership with the iconic sandwich shop Ike’s Love & Sandwiches (Ike’s) to implement Toast’s enterprise technology suite across 100 locations. Ike’s will roll out Toast point-of-sale (POS) terminals and Toast Kiosks to bring more love and "zero chill" to the guest experience.
Founded in 2007 in San Francisco’s Castro District, Ike’s Love & Sandwiches has grown from a single shop with lines around the block into a national phenomenon.
Known for its legendary Dutch Crunch bread, secret "Dirty Sauce," and a menu of over 999 creative combinations, Ike’s is a brand built on individuality and high-energy hospitality. To support its ambitious expansion, Ike’s selected Toast as a long-term innovation partner that can match its "bold sandwiches and big personality" mantra.
“Ike’s Love & Sandwiches is proof that when you combine a bold vision with a generosity of spirit, you create something iconic. Toast is proud to be the foundation for their continued expansion, providing purposeful tech designed for the breakneck speed of a busy lunch rush,” said Kelly Esten, Chief Operating Officer of Enterprise and Chief Marketing Officer at Toast.
TOST handed over 90 cents, or 3.5%. to $25.31.
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