Toast removes $0.99 digital ordering fee after customer backlash; guidance unchanged

Toast, Inc.

Company removes $0.99 order processing fee from new digital ordering suite by end of week.
CEO Chris Comparato states fee was wrong, customer feedback drove reversal.
Toast reaffirms no material impact to Q2 2023 or full-year 2023 guidance.
Fee removal applies to Toast digital ordering channels; no other pricing changes announced.

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