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PAR Technology’s Punchh® Selected as Loyalty Platform Provider for Wendy’s

Retrieved on:

Wednesday, March 27, 2024

Apps, Applications, Technology, Electronic Commerce, Software, Restaurant, Bar, Food, Beverage, Retail, Data Management, Artificial Intelligence, Tropical Smoothie Cafe, Partnership, Wendy's, Poonch, CASY, PAR, Sales

Wendy’s will leverage PAR Punchh’s AI-driven platform and Punchh Enterprise Support to enhance its loyalty program for customers who visit any of their nearly 6,500 locations across the United States and Canada.

Key Points:

Wendy’s will leverage PAR Punchh’s AI-driven platform and Punchh Enterprise Support to enhance its loyalty program for customers who visit any of their nearly 6,500 locations across the United States and Canada.
With PAR Punchh’s advanced loyalty expertise and personalization engine, Wendy's aims to advance its loyalty program with best-in-class gamified experiences, targeted offers designed to bring great food for a great value to its customers, and exclusive promotions tailored to individual customer preferences.
The open architecture of PAR Punchh ensures seamless integration into Wendy’s existing app and online ordering systems, optimizing their technology stack for both current and future operations.
In collaboration with PAR Punchh’s team of loyalty strategists, Wendy’s will craft a comprehensive strategy, aiming to elevate the guest experience and drive customer satisfaction.

PAR Technology Corporation Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

Tuesday, February 27, 2024

Software, Technology, Retail, Restaurant, Bar, Poonch, PAR, POS, LexisNexis, Table, Adjustment, Commerce, Hooters, ARR, GAAP, Burger King, Webcast, MENU, Reinsurance

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for its fourth quarter and for the year ended December 31, 2023.

Key Points:

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for its fourth quarter and for the year ended December 31, 2023.
Revenues were reported at $107.7 million for the fourth quarter of 2023, a 10.3% or $10.1 million increase compared to $97.7 million for the same period in 2022.
EBITDA(1) for the fourth quarter of 2023 was a loss of $8.8 million compared to a loss of $4.6 million for the same period in 2022.
Adjusted EBITDA(1) for the fourth quarter of 2023 was a loss of $4.5 million compared to Adjusted EBITDA loss of $2.8 million for the same period in 2022.

Smokey Mo's BBQ Continues Company Growth With New App and Loyalty Program

Retrieved on:

Wednesday, January 24, 2024

Loyalty program, Initiative, Advertising, Loyalty, Poonch, Google Play, Apple Store, Communication, Golden Joystick Awards, Marketing, Restaurant, BBQ, Growth, Mail order

AUSTIN, Texas, Jan. 24, 2024 /PRNewswire/ -- Fast-growing barbecue brand Smokey Mo's BBQ continues its expansion with a new app and loyalty program launched this fall, expanded catering options, new marketplace partnerships, and is looking forward to increasing its store count in Central Texas in the coming year.

Key Points:

Launching our own app and loyalty program allows us to continue to lead the Texas barbecue category in direct-to-guest communication and delivery methods."
The Smokey Mo's BBQ loyalty program also provides the following benefits to members:
At 100 points, members automatically earn $5 in rewards to redeem for any order.
"Restaurant Loyalty Specialists helped design the new Smokey Mo's Rewards program to maximize the benefit for both Smokey Mo's operators and guests.
The new Smokey Mo's BBQ app and loyalty program is just the latest initiative in its continued growth plan.

PAR Technology Recognized for Innovation in Restaurant Technology by Three Leading Awards for Loyalty and Payment Capabilities

Retrieved on:

Friday, December 1, 2023

"Our solutions are helping restaurants increase loyalty while streamlining their payment processing operations,” said Savneet Singh , CEO of PAR Technology.

Key Points:

"Our solutions are helping restaurants increase loyalty while streamlining their payment processing operations,” said Savneet Singh , CEO of PAR Technology.
“These awards show the power of deep integrations between our products, enabling exceptional experiences like Apple Wallet Loyalty.
PAR Technology’s success is, in part, due to its leading innovation for loyalty and payments, PAR Pay’s Apple Wallet Loyalty .
For more information about PAR Technology and its loyalty and payment solutions, visit partech.com .

PAR Technology Corporation Announces Third Quarter 2023 Results

Retrieved on:

Thursday, November 9, 2023

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the third quarter ended September 30, 2023.

Key Points:

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the third quarter ended September 30, 2023.
EBITDA(1) for the three months ended September 30, 2023 was a loss of $6.9 million compared to a loss of $12.2 million for the same period in 2022.
Active Sites as of September 30, 2023 totaled 68.1 thousand restaurants
Active Sites as of September 30, 2023 totaled 22.5 thousand restaurants
Active Sites as of September 30, 2023 totaled 7.5 thousand restaurants
PAR Technology CEO, Savneet Singh, commented on the results, “As our results for the quarter demonstrated, we continue to build momentum as we scale our business.
There will be a conference call at 4:30 p.m. (Eastern) on November 9, 2023, during which management will discuss the Company's financial results for the third quarter ended September 30, 2023.

PAR Technology Corporation Announces Second Quarter 2023 Results

Retrieved on:

Wednesday, August 9, 2023

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.

Key Points:

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.
EBITDA(1) for the three months ended June 30, 2023 was a loss of $10.6 million compared to a loss of $9.9 million for the same period in 2022.
Adjusted EBITDA(1) for the three months ended June 30, 2023 was a loss of $9.9 million compared to an Adjusted EBITDA loss of $5.8 million for the same period in 2022.
Active Sites as of June 30, 2023 totaled 70.5 thousand restaurants
Active Sites as of June 30, 2023 totaled 21.5 thousand restaurants
Active Sites as of June 30, 2023 totaled 7.2 thousand restaurants
PAR Technology CEO, Savneet Singh, commented on the results, “It was another strong quarter of growth for PAR.

PAR Technology Corporation Announces First Quarter 2023 Results

Retrieved on:

Wednesday, May 10, 2023

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023.

Key Points:

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023.
Revenues were reported at $100.4 million for the three months ended March 31, 2023, a 25.1% increase compared to $80.3 million for the same period in 2022.
EBITDA for the three months ended March 31, 2023 was a loss of $7.0 million compared to a loss of $6.8 million for the same period in 2022.
There will be an earnings conference call at 4:30 p.m. (Eastern) on May 10, 2023, during which the Company’s management will discuss the financial results for the first quarter ended March 31, 2023.

SOCi Reinforces Commitment to Restaurant Industry: Adds Industry Veteran to Advisory Board, Announces Partnerships with Rita's Italian Ice and Bob Evans

Retrieved on:

Tuesday, May 2, 2023

Communication, Software as a service, Partnership, KFC, Marketing, Taco Bell, Capital, Dolphin Entertainment, SAN, Rita's Italian Ice, Growth, Poonch, Family, Burger King, Retail, Online shopping

Rita's Franchise Company, LLC has chosen SOCi as its platform of record for localized marketing as the brand goes digital-first to nurture happy, loyal guests, and utilizes SOCi Listings , SOCi Social , and SOCi Reviews .

Key Points:

Rita's Franchise Company, LLC has chosen SOCi as its platform of record for localized marketing as the brand goes digital-first to nurture happy, loyal guests, and utilizes SOCi Listings , SOCi Social , and SOCi Reviews .
Doty has an 18+ year career in marketing and brand building for multi-location, iconic restaurant brands across the globe.
I'm thrilled to join its Industry Advisory Board and help bring SOCi's toolset to even more iconic restaurant brands."
To learn more about SOCi and how it supports multi-location brands like Rita's and Bob Evans through automated marketing workflows, visit www.meetsoci.com/who-needs-soci/brands/ .

PAR Technology Corporation Announces Fourth Quarter and Full Year 2022 Results

Retrieved on:

Wednesday, March 1, 2023

Software, Restaurant, Bar, Payments, Hardware, Supermarket, Technology, Food, Beverage, Retail, ARR, EBITDA, Poonch, NYSE, GAAP, ROI, Webcast, Table, MENU, PAR, LexisNexis, Adjustment, Video game, Reinsurance, Bookkeeping, Cryptocurrency, Bank

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for its fourth quarter and for the year ended December 31, 2022.

Key Points:

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for its fourth quarter and for the year ended December 31, 2022.
Net loss for the fourth quarter of 2022 was $13.5 million, or $0.50 net loss per share, compared to a net loss of $25.6 million, or $0.95 net loss per share reported for the same period in 2021.
EBITDA for the fourth quarter of 2022 was a loss of $4.6 million compared to a loss of $10.8 million for the same period in 2021.
Adjusted EBITDA for the fourth quarter of 2022 was a loss of $2.8 million compared to Adjusted EBITDA loss of $4.9 million for the same period in 2021.

mParticle Recognized as Leading Customer Data Platform for Quick Service Restaurants

Retrieved on:

Monday, December 19, 2022

Leading companies including Burger King, KFC, McDonald's, and CKE Restaurants (Carl's Jr., Hardee's) selected mParticle as their Customer Data Platform due to mParticle's leading platform capabilities, versatile integration directory, and extensive QSR industry experience.

Key Points:

Leading companies including Burger King, KFC, McDonald's, and CKE Restaurants (Carl's Jr., Hardee's) selected mParticle as their Customer Data Platform due to mParticle's leading platform capabilities, versatile integration directory, and extensive QSR industry experience.
With a single point of customer data collection, teams can streamline their customer data tracking and simplify data quality management and governance.
mParticle makes it easy for brands to unify guest data across sources and automatically resolves cross-device data to holistic customer profiles.
Beyond QSR, mParticle is the Customer Data Platform of choice for companies across industries, trusted by leading organizations such as NBCUniversal, Airbnb, and JetBlue.