August same-store sales jumped 8.3% year-over-year - the largest increase in over two years The average price paid for the top 500 items in August increased 3.0% year-over-year NEWARK, N.J., Sept. 09, 2025 (GLOBE NEWSWIRE) -- NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for August 2025. As of August 31, 2025, the NRS retail netw ...

Core Insights - NRSInsights reported a 5.8% year-over-year increase in same-store sales for July 2025, marking the highest growth rate in over a year [6][10] - The NRS retail network includes approximately 37,200 active terminals across 32,100 independent retailers, primarily serving urban consumers [2][14] - The data reflects a total of $2.1 billion in sales processed through NRS POS terminals in July 2025, an 18% increase year-over-year [14] Sales Performance - Same-store sales increased 5.8% year-over-year and 0.3% month-over-month compared to June 2025 [6] - For the three months ending July 31, 2025, same-store sales rose 4.2% compared to the same period last year [6] - Units sold increased by 3.2% year-over-year but decreased by 1.5% compared to June 2025 [6] Transaction Metrics - The number of baskets (transactions) per store increased by 1.5% year-over-year but decreased by 0.4% compared to June 2025 [6] - The average price of the top 500 items purchased rose by 2.9% year-over-year, slightly higher than the 2.7% increase recorded in June 2025 [6] Comparative Analysis - Over the past twelve months, the U.S. Commerce Department's Advance Monthly Retail Trade data, excluding food services, outpaced the NRS network's three-month moving average same-store sales by 0.2% on average [8] - In June, the NRS network's three-month rolling average increase exceeded the U.S. Commerce Department's by 0.9% [8] Consumer Behavior Insights - Beverage categories, including energy drinks and soft drinks, contributed significantly to sales growth, while certain snack categories faced challenges [11] - Shifts in consumer behavior have led to increased demand for prepared cocktails and nutrition shakes [11] Transaction Volume - Same-store data comparisons for July 2025 were based on approximately 226 million transactions processed through about 23,000 stores [12] - For the three months ending July 31, 2025, comparisons were derived from approximately 649 million scanned transactions [13]

Group 1 - IDT's shares have decreased nearly 20% from their all-time high of $71, which was reached earlier this month [1] - Despite the recent decline, IDT's shares remain 23% above the price at the time of the initial analysis [1] Group 2 - The analysis focuses on undercovered companies, particularly in sectors such as technology, software, electronics, and energy transition [1] - The analyst has over 7 years of personal investment experience and emphasizes the importance of identifying asymmetric investment opportunities for achieving market-beating returns [1]

Core Insights - Gelteq Limited has entered into a memorandum of understanding with IDT Australia to establish a dedicated manufacturing facility for gel-based products targeting global pharmaceutical, nutraceutical, and animal health markets [1][3]. Company Overview - Gelteq is a clinical and science-based company headquartered in Melbourne, Australia, focusing on developing and commercializing white label gel-based delivery solutions across five core verticals: pharmaceuticals, over-the-counter medications, nutraceuticals, animal medications, and sports nutrition [5]. Partnership Details - The partnership with IDT Australia leverages IDT's 50 years of expertise in pharmaceutical projects and contract manufacturing, including high containment and high potency manufacture of Active Pharmaceutical Ingredients (API) [2][3]. - IDT's capabilities include FDA and TGA approved laboratory testing and clinical packaging, as well as advanced therapies like mRNA and Antibody Drug Conjugates (ADCs) [2]. Strategic Benefits - The collaboration is expected to accelerate the development and scaling of Gelteq's products, enhancing their delivery systems for wellness and therapeutic applications [3]. - Gelteq's proprietary gel technologies are designed to address challenges associated with traditional drug delivery methods, such as difficulty swallowing and dosage control [6]. Manufacturing Requirements - The agreement outlines the need for facilities and equipment tailored for Gelteq products, including compliance with regulatory requirements from APVMA, FDA, and TGA [7]. - The facility will have rapid scale-up capabilities to accommodate growth and integrate additional manufacturing space and equipment as needed [7].

Core Insights - net2phone's AI Agent has been awarded the 2025 AI Agent Product of the Year by TMCnet for its innovative use of artificial intelligence in automating business tasks and enhancing performance across various functions [1][3] Company Overview - net2phone is a solutions provider specializing in AI-powered communications-as-a-service, focusing on automating routine operations in sales, support, and administrative functions [2][5] - The company is a subsidiary of IDT Corporation, recognized for its commitment to delivering reliable and high-quality communications services [5] Product Features - The AI Agent utilizes conversational AI and machine learning to automate tasks such as scheduling appointments and processing orders, thereby optimizing workflows and improving productivity [2][4] - It supports multiple languages and dialects, providing exceptional user experiences across voice and text channels [4] - The AI Agent can handle both routine inquiries and more complex tasks, including managing appointments and processing product returns [4] Business Impact - According to the CEO, the AI Agent enables businesses to reduce operating costs significantly while increasing productivity, allowing employees to focus on higher-value challenges [3]

Core Insights - NRSInsights reported a 3.5% year-over-year increase in same-store sales for June 2025, following a 4.9% increase in May 2025 [5][11] - The NRS retail network includes approximately 36,600 active terminals across 31,700 independent retailers, primarily serving urban consumers [2][15] - The three-month rolling average of same-store sales increased by 4.6% compared to the same period last year, marking the highest growth in the past 12 months [11] Sales Performance - Same-store sales remained unchanged from May 2025, which had a 3.8% increase compared to April 2025 [6] - Units sold increased by 3.0% year-over-year, with a 0.7% increase compared to May 2025 [6] - Average prices for the top 500 items purchased rose by 2.7% year-over-year, a slight decrease from the 2.9% increase in May 2025 [6] Transaction Data - The number of baskets (transactions) per store was unchanged year-over-year, but increased by 0.6% compared to May 2025 [6] - NRS processed $2.1 billion in sales during June 2025, representing a 15% year-over-year increase across 140 million transactions [15] Market Trends - Categories such as modern oral nicotine, energy drinks, prepared cocktails, and chocolate showed significant growth, with chocolate alone increasing by 8% year-over-year [12] - Some traditionally seasonal categories, like sports drinks and frozen novelties, experienced growth compared to the previous month but declined compared to June 2024 [12] Comparative Analysis - Over the past twelve months, the U.S. Commerce Department's Advance Monthly Retail Trade data outpaced NRS's three-month moving average same-store sales by an average of 0.1% [9] - The NRSInsights data is based on approximately 220 million transactions processed through 22,600 stores for June 2025 comparisons [13]

Investor Presentation NYSE: IDT Third Quarter Fiscal 2025 June 2025 ForwýrĀ-Looking Stýtāmānts All statements in this presentation that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate, "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment ...

Newark, NJ, June 23, 2025 (GLOBE NEWSWIRE) -- BOSS Money, the remittance and payments brand of IDT Corporation (NYSE: IDT), achieved the highest average app store rating of the eighteen digital money transfer companies in FXC Intelligence's 2025 customer satisfaction ranking. FXC Intelligence is a highly regarded financial intelligence and analytics company specializing in cross-border payments. The BOSS Money app led the pack with a 4.9 average app rating in the FXC Intelligence rankings. Over 100,000 cust ...

IDT Corporation FY Conference Summary Company Overview - IDT Corporation is a global provider of fintech, cloud communications, and traditional communication solutions with a market cap of $1.5 billion, recently increased to approximately $1.6 billion, reflecting an 80% growth over the past year [1][4] - The company operates under four segments: national retail, BOSS money, net to phone, and traditional communications [1] Financial Performance - IDT is profitable with a solid balance sheet, holding $224 million in cash and no debt, allowing for strategic flexibility [2][5] - The company increased its dividend payout by 20% and repurchased $16 million worth of shares over the last twelve months [2] - For the third quarter of fiscal year 2025, IDT generated $120.4 million in adjusted EBITDA, with expectations to reach at least $126 million for the full fiscal year [30][31] Key Business Segments National Retail Solutions (NRS) - NRS operates the largest point of sale (POS) platform for independent retailers in the U.S., with 35,600 active terminals across approximately 31,000 stores [7][8] - The addressable market for NRS is estimated at 200,000 independent stores, indicating an 82% market opportunity remaining [9] - Recurring revenue for NRS increased 23% year-over-year to $29.4 million, with a 70% compound annual growth rate (CAGR) [11] - NRS's adjusted EBITDA for Q3 was $7.2 million, with an EBITDA margin of 23% [17] BOSS Money - BOSS Money is IDT's international money remittance business, generating over 90% of the fintech segment's revenue [18] - Digital transaction volume increased by 32% in Q3, while send volume rose by 40% [21] - Digital revenue for BOSS Money grew 31% to $24.5 million in Q3, with an annualized growth rate of 27% [21] - The fintech segment turned adjusted EBITDA positive last year, generating over $5 million in Q3 with a 13% margin [23] Net2Phone - Net2Phone provides cloud-based communication services, serving 415,000 seats across North and South America [25] - Subscription revenue increased by 7%, with adjusted EBITDA jumping 50% year-over-year to $3.2 million [26] - The company is focusing on migrating customers to premium plans and AI-powered features to drive growth [26] Traditional Communications Segment - This segment generated $867 million in revenue over the trailing twelve months, accounting for 71% of IDT's consolidated revenue [28] - Despite a revenue decrease of 5%, adjusted EBITDA increased by 30% to $19.3 million due to cost reductions and pricing execution [29] Strategic Initiatives and Future Outlook - IDT is exploring acquisition opportunities primarily in high-growth segments like NRS and BOSS Money, aiming to enhance scale and operational efficiencies [35][38] - The company is leveraging AI technology to improve customer service and operational efficiency across its segments [41][42] - Management is cautious about regulatory changes and cybersecurity risks, which could impact business operations [47] Conclusion - IDT Corporation is positioned for continued growth with a strong balance sheet, a diversified portfolio of high-margin businesses, and a strategic focus on leveraging technology and acquisitions to enhance its market position [31][35]

Core Viewpoint - IDT Corporation reported strong financial performance for the third quarter of fiscal 2025, with significant increases in revenues, gross profit, and earnings per share, outperforming the S&P 500 index during the same period [1][2][3]. Financial Performance Summary - Consolidated revenues increased by 0.8% year over year to $301.9 million from $299.6 million [2] - Gross profit rose by 15.4% to $111.9 million from $97 million, resulting in a gross margin increase of 470 basis points to a record 37.1% [2] - Income from operations surged by 132.6% to $26.6 million from $11.4 million, while adjusted EBITDA increased by 57% to $32.2 million from $20.6 million [2] Earnings Per Share - GAAP earnings per share (EPS) climbed by 290.9% to $0.86 from $0.22, and adjusted EPS surged by 136.8% to $0.90 from $0.38 [3] Segment Performance - National Retail Solutions (NRS) revenues increased by 21.1% to $31.1 million from $25.7 million [3] - Fintech revenues advanced by 22.5% to $38.6 million from $31.5 million [3] - net2phone revenues grew by 6.4% to $21.9 million from $20.7 million [3] - Traditional Communications segment saw a revenue decline of 5.2% to $210.2 million from $221.7 million [3] NRS Segment Insights - Recurring revenue at NRS rose by 22.9% to $29.4 million from $24 million, driven by a 37.3% increase in Merchant Services and a 32.8% gain in SaaS fees [4] - Advertising and Data revenue declined by 12.3% due to risk-mitigation steps related to a large programmatic partner [4] - NRS ended the quarter with 35,600 active POS terminals, up 17.6% from the previous year [4] Fintech Segment Insights - In the Fintech segment, transactions rose by 27% to $6 million from $4.7 million, with revenues growing by 24.7% to $34.4 million from $27.6 million [5] - Digital channel growth outpaced retail, with a 32% increase in transactions and a 40% surge in digital send volume [5] net2phone Performance - Subscription revenue for net2phone increased by 7.4% to $21.5 million from $20 million [6] - Income from operations rose by 188% to $1.4 million from $0.5 million [6] Traditional Communications Insights - Despite a revenue decline, gross profit increased by 5.3% to $43.4 million from $41.2 million [7] - Income from operations grew by 39.2% to $17.3 million from $12.5 million [7] Key Business Metrics - The gross margin of 37.1% was a record high, reflecting strong product mix and operational efficiencies [8] - Operating cash flow for the quarter was $75.7 million compared to $9.5 million in the year-ago period [8] Management Commentary - CEO Shmuel Jonas characterized the quarter as "solid," emphasizing broad-based bottom-line growth [9] - Management highlighted product innovation efforts at NRS and the potential of new AI-powered offerings in net2phone [10][11] Factors Influencing Performance - Growth in recurring revenue streams and expanding customer bases drove strong top-line and profitability gains [12] - Cost discipline was a key theme in net2phone and Traditional Communications, contributing to significant margin expansion [13] Guidance and Developments - Management reiterated its full-year fiscal 2025 guidance, aiming to double first-half adjusted EBITDA to reach $126 million [14] - IDT executed share repurchases and acquired a small technology company named Lucci [15] - A quarterly dividend of $0.06 per share was declared, payable on June 18, 2025 [16]