Block (XYZ) Announces The Hat Selects Square as Unified Commerce Platform

Block (XYZ) Announces The Hat Selects Square as Unified Commerce Platform Bob Karr Sun, May 24, 2026 at 3:31 PM GMT+2 1 min read XYZ Block, Inc.  (NYSE: XYZ ) is one of the Best Long-Term Stocks to Buy Now for High Returns. On May 19, the company announced that The Hat selected Square as the unified commerce platform.

Notably, The Hat is a quick-service restaurant (QSR) known for pastrami sandwiches. Square for Restaurants offers The Hat centralized menu management and unified reporting tools. This helps empower leadership with comprehensive operational insights.

Block (XYZ) Announces The Hat Selects Square as Unified Commerce Platform Furthermore, The Hat also utilises Square Register (along with receipt printers and cash drawers) configured for the high-volume counter service. In a separate release, Canaccord analyst Joseph Vafi lifted its price objective on Block, Inc.  (NYSE:XYZ)’s stock to $85 from $80 and kept a “Buy” rating.

As per the firm, the company posted strong results in Q1. Against the backdrop of difficult macro-economic conditions and maturation in the e-Commerce payments, Block, Inc.  (NYSE:XYZ)’s results exhibit how focus and smart strategy continue to pay off.

Block, Inc.  (NYSE:XYZ) is engaged in building ecosystems focused on commerce and financial products and services. While we acknowledge the potential of XYZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

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