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MarketScreener Homepage  >  Equities  >  Nyse  >  Square, Inc.    SQ

SQUARE, INC.

(SQ)
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Square : unveils Square : KDS, a Kitchen Display System for Square : for Restaurants subscribers

11/17/2020 | 12:02pm EST

Square’s first product-line extension for restaurants improves efficiency, communication, and accuracy for restaurant sellers of all sizes

Today Square announced the general availability of Square KDS, kitchen display system software that seamlessly displays and organizes order tickets no matter where they’re placed - whether that's from a restaurant’s point-of-sale, Square Online site, or online ordering platforms like DoorDash and Postmates.

“With restaurants facing shelter-in-place orders, uncertain reopening schedules, and razor-thin margins, it’s more important than ever to stay organized and never miss a sale,” said Bruce Bell, head of restaurant products at Square. “Square KDS is built to help restaurants improve front and back of house communication, improve ticket times, and manage order flow from one central location, regardless of what the future holds.”

Square KDS is especially useful for any restaurant that manages a high volume of orders across multiple channels and wants a modern solution to replace paper tickets. “Customers are ordering in more ways than ever before,” said Albert Borrerro, owner of the Sandbar Sports Grill in Cutler Bay, Florida. “Between increased delivery orders, in-store pickups, and now the gradual return of indoor dining, our kitchen staff was getting overwhelmed by managing order flow. Square KDS has helped us to improve order efficiency, speed, and most importantly reduce sunk costs due to remakes or refunds.”

In addition to providing better connection between cooks and customers, and improving order efficiency, Square KDS also provides restaurant owners with increased insight into their business. Ticket timers allow restaurants to stay ahead of the dinner rush, and kitchen performance reports show how long stations are taking to complete orders, resulting in faster, more accurate performance across the board.

Because every restaurant is different, Square KDS also allows restaurant owners to customize ticket layouts and text sizes based on their kitchen’s unique needs and route specific items to different stations quickly and efficiently, helping to manage kitchen flow in real-time.

U.S. sellers using Square for Restaurants Plus can get started on Square KDS now with a risk free, 30 day trial. The Square for Restaurant’s Plus plan starts at $60 per location, per month, with the option to add an unlimited number of KDS devices at no extra charge.

Square KDS is just the latest product we’ve built to help restaurant sellers continue serving their customers this year. Every business has different needs, and with Square, sellers can fulfill orders however it makes the most sense for their business - whether that's via curbside pickup, local delivery, on-demand delivery through delivery partners, or self-serve ordering through QR codes.

To hear more from Square about additional resources and updates on Square products, please reference our COVID-19 resource hub.

About Square, Inc.

Square, Inc. (NYSE: SQ) revolutionized payments in 2009 with Square Reader, making it possible for anyone to accept card payments using a smartphone or tablet. Today, we build tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in-person, manage their business, and access financing. And individuals use Cash App to spend, send, store, and invest money. Square has offices in the United States, Canada, Japan, Australia, Ireland, Spain, and the UK.


© Business Wire 2020
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Financials (USD)
Sales 2020 9 386 M - -
Net income 2020 -82,6 M - -
Net cash 2020 1 227 M - -
P/E ratio 2020 -1 235x
Yield 2020 -
Capitalization 101 B 101 B -
EV / Sales 2020 10,6x
EV / Sales 2021 7,49x
Nbr of Employees 3 835
Free-Float 83,9%
Chart SQUARE, INC.
Duration : Period :
Square, Inc. Technical Analysis Chart | SQ | US8522341036 | MarketScreener
Technical analysis trends SQUARE, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 221,98 $
Last Close Price 222,88 $
Spread / Highest target 36,4%
Spread / Average Target -0,41%
Spread / Lowest Target -65,0%
EPS Revisions
Managers and Directors
NameTitle
Jack Dorsey Chairman, President & Chief Executive Officer
Amrita Ahuja Chief Financial Officer & Treasurer
James Morgan McKelvey Independent Director
Lawrence Henry Summers Independent Director
David Alan Viniar Lead Independent Director
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