The Hat Chooses Square for Expansion Beyond California
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2026
0mins
Source: Newsfilter
- Platform Selection: The Hat conducted a multi-month evaluation before selecting Square as its unified commerce platform to support its 11 locations in California and the upcoming Las Vegas restaurant, ensuring brand tradition and customer experience are preserved during expansion.
- Expansion Plans: With Square's technology fully deployed, The Hat plans to open its 12th restaurant in Las Vegas in March 2026, marking the brand's first expansion out of state and demonstrating its growth potential and market confidence.
- Operational Efficiency Boost: Square provides The Hat with centralized menu management and unified reporting tools, enabling leadership to gain comprehensive operational insights, enhancing brand standardization and real-time visibility, thus driving efficient multi-location management.
- Enhanced Customer Engagement: Through Square Marketing, The Hat can deepen customer engagement and loyalty while geographically expanding, leveraging technology to improve customer experience and maintain a competitive edge in the fast-food market.
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Analyst Views on XYZ
Wall Street analysts forecast XYZ stock price to rise
30 Analyst Rating
25 Buy
3 Hold
2 Sell
Strong Buy
Current: 74.350
Low
55.00
Averages
86.51
High
108.00
Current: 74.350
Low
55.00
Averages
86.51
High
108.00
About XYZ
Block, Inc. builds technology to increase access to the global economy. The Company operates through two segments: Square and Cash App. The Square includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. The Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. The Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its Afterpay business is transforming the way customers manage their spending over time. Its TIDAL business is a music platform that empowers artists to thrive as entrepreneurs. Its Bitkey business is a simple self-custody wallet built for bitcoin. Proto business is a suite of bitcoin mining products and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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