Core Insights - NRSInsights reported a 4.3% year-over-year increase in same-store sales for April 2025, indicating strong consumer spending resilience [5][11] - The NRS retail network includes approximately 35,600 active terminals across 31,000 independent retailers, primarily serving urban consumers [2][16] Sales Performance - Same-store sales rose 0.6% month-over-month from March 2025, which had a 5.3% increase compared to February 2025 [5] - For the three months ending April 30, 2025, same-store sales increased 2.8% compared to the same period last year [5] - Units sold increased by 2.5% year-over-year but decreased by 0.8% compared to March 2025 [5] - The average price of the top 500 items purchased increased by 2.3% year-over-year, up from 2.1% in March 2025 [6] Transaction Metrics - The number of baskets (transactions) per store increased by 1.3% year-over-year and by 2.7% compared to March 2025 [5] - NRS processed $1.9 billion in sales during April 2025, representing a 17% year-over-year increase across 133 million transactions [16] Market Comparison - Over the past twelve months, NRS's three-month moving average same-store sales outperformed the U.S. Commerce Department's data by an average of 0.5% [9] - In March 2025, the U.S. Commerce Department's three-month rolling average increase exceeded that of NRS by 1.6% [9] Commentary on Trends - The increase in same-store sales was driven by strong performance in both alcoholic and non-alcoholic beverage categories, with tequila and ready-to-drink cocktails showing significant growth [11][12] - Non-alcoholic beverages like soft drinks and energy drinks led sales, while sports drinks saw a slight decline [12] - Candy sales remained flat overall, with chocolate sales increasing [12]

Core Points - BOSS Money, a remittance and payments brand of IDT Corporation, announced $0-fee international money transfers for Mother's Day to facilitate easy and economical celebrations for customers [1][2] - The promotional offer includes two $0-fee transfers for existing customers and unlimited transfers to specific countries, emphasizing the company's commitment to customer engagement [2][7] Company Overview - BOSS Money provides fast, secure, and reliable international remittance services for residents of the U.S. and Canada, targeting popular destinations in Latin America, the Caribbean, Africa, and South Asia [4] - The company offers various payout options, including cash pick-up, mobile money, in-country bank account, and debit card direct deposit, enhancing customer convenience [4] Promotional Details - The promotional period for $0-fee transfers runs from May 5 to May 11, with specific promo codes for different countries and additional promotional periods extending into late May [7] - New customers can benefit from $0-fee transfers on Mother's Day and every day of the year when using the BOSS Money app [2][7]

Core Insights - NRSInsights reported a year-over-year increase in same-store sales of 2.3% for March 2025, down from a 3.5% increase in February 2025 [6][12] - The NRS retail network includes approximately 35,200 active terminals across 30,700 independent retailers, primarily serving urban consumers [2][18] Sales Performance - Same-store sales increased by 5.3% compared to February 2025, which had a 6.1% increase from January 2025 [7] - For the three months ending March 31, 2025, same-store sales rose by 2.9% compared to the same period last year [7] - Units sold increased by 2.4% year-over-year, with a 4.9% increase compared to February 2025 [7] - Average prices for the top 500 items purchased rose by 2.1% year-over-year, slightly lower than the 2.3% increase in February 2025 [7] Transaction Metrics - Baskets (transactions) per store increased by 0.2% year-over-year and by 6.2% compared to February 2025 [7] - The NRS network processed $2.0 billion in sales during March 2025, representing a 16% year-over-year increase [18] Category Performance - Strong sales were noted in categories such as Energy Beverages, Soft Drinks, and Modern Oral Smokeless Tobacco, while Chocolates and Gum also showed positive growth [12][13] - Categories with decreased sales included Beer, Whiskey, and Salty Snacks, with notable declines in Tortilla Chips and Potato Chips [14] Comparative Analysis - Over the past twelve months, the NRS network's three-month moving average same-store sales outperformed the U.S. Commerce Department's data by an average of 0.8% [10] - In March, the U.S. Commerce Department's three-month rolling average increase exceeded that of the NRS network by 0.8% [10]

Core Insights - NRSInsights reported a year-over-year increase in same-store sales of 2.3% for March 2025, a decrease from the 3.5% increase in February 2025 [6][11] - The NRS retail network includes approximately 35,200 active terminals across 30,700 independent retailers, primarily serving urban consumers [2][17] - The data indicates a general cooling of inflationary pressures, with dollar sales increases being geographically widespread [11] Sales Performance - Same-store sales increased 5.3% compared to February 2025, while units sold increased 2.4% year-over-year [6][7] - For the three months ending March 31, 2025, same-store sales rose 2.9% compared to the same period last year [7][16] - Average prices for the top 500 items purchased increased by 2.1% year-over-year, slightly lower than the 2.3% increase in February 2025 [6][12] Transaction Metrics - Units sold increased by 4.9% compared to February 2025, while baskets (transactions) per store increased by 0.2% year-over-year [7][12] - Baskets per store saw a significant increase of 6.2% compared to the previous month [7][12] Category Performance - Strong sales were noted in categories such as Energy Beverages, Soft Drinks, and Modern Oral Smokeless Tobacco, while Chocolates also performed well [11][12] - Categories experiencing decreased sales included Beer, Whiskey, and various snacks, with notable exceptions like Tequila showing gains [12][13] Comparative Data - Over the past twelve months, the NRS network's three-month moving average same-store sales outpaced the U.S. Commerce Department's data by an average of 0.8% [9] - In March, the U.S. Commerce Department's three-month rolling average increase exceeded that of the NRS network by 0.8% [9] Transaction Volume - In March 2025, NRS' POS terminals processed $2.0 billion in sales, representing a 16% year-over-year increase across 134 million transactions [17]

Savings Pass, along with BOSS Unlimited and Bundles of Minutes monthly calling plans, offer spectacular savings no matter where you call or how long you talk NEWARK, NJ, April 03, 2025 (GLOBE NEWSWIRE) -- BOSS Revolution, the popular provider of affordable long distance calling to friends and family around the world powered by IDT Corporation (NYSE: IDT), has introduced Savings Pass - a monthly membership calling plan. “Just as the big box discount stores offer big savings to their club members, BOSS Revol ...

NEWARK, NJ, March 18, 2025 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, will present at the Sidoti Virtual Investor Conference that will be held on March 19th and 20th, 2025. Marcelo Fisher, Chief Financial Officer, will present at 10:45 AM Eastern time on Wednesday, March 19th. His presentation will provide an overview of IDT’s operations, strategy, and financial results. Mr. Fischer will also host one-on-one ...

Group 1 - IDT's NRS and BOSS Money businesses are experiencing strong revenue growth exceeding 30% while maintaining impressive profitability [1] - The intrinsic value of IDT shares is estimated to be $70, an increase from a previous valuation of $65 [1] - The analysis focuses on undercovered companies, particularly in sectors such as technology, software, electronics, and energy transition [1] Group 2 - The author has over 7 years of personal investment experience and has developed a watchlist of more than 50 companies [1] - The analysis aims to identify asymmetric investment opportunities to achieve market-beating returns [1]

Revenue Growth - For the three months ended January 31, 2025, National Retail Solutions (NRS) generated total revenues of $33.0 million, a 30.7% increase from $25.2 million in the same period of 2024[126]. - Recurring revenue for NRS increased to $31.6 million, up 32.3% from $23.9 million year-over-year for the three months ended January 31, 2025[126]. - BOSS Money revenues increased by 33.8% to $33.5 million in Q1 2025 from $25.0 million in Q1 2024, and by 36.4% to $67.2 million in the first half of 2025 from $49.3 million in the same period of 2024[131]. - Total revenues for the company rose by 31.6% to $36.8 million in Q1 2025 compared to $28.0 million in Q1 2024, and by 35.5% to $73.9 million in the first half of 2025 from $54.6 million in the same period of 2024[131]. - Revenues from IDT Digital Payments increased by 1.9% to $101.6 million in Q1 2025 compared to $99.6 million in Q1 2024, and by 3.5% to $206.7 million in the first half of 2025 compared to $199.7 million in the first half of 2024[145][147]. - IDT Global revenues increased by 5.2% to $51.3 million in Q1 2025 compared to $48.7 million in Q1 2024, and by 2.9% to $103.7 million in the first half of 2025 compared to $100.8 million in the first half of 2024[145][149]. Operational Performance - Income from operations for NRS rose to $9.1 million, a 70.6% increase from $5.3 million in the same quarter of 2024[126]. - Income from operations surged by 520.7% to $3.1 million in Q1 2025 from a loss of $0.7 million in Q1 2024, and by 398.8% to $6.3 million in the first half of 2025 from a loss of $2.1 million in the same period of 2024[137]. - Income from operations increased to $28.3 million for the three months ended January 31, 2025, up 76.8% from $16.0 million in the same period of 2024[163]. - Net income attributable to IDT Corporation rose to $20.3 million for the three months ended January 31, 2025, a 40.5% increase from $14.4 million in the prior year[163]. Expenses - Selling, general and administrative expenses for NRS increased to $19.0 million for the three months ended January 31, 2025, compared to $15.3 million in the same period of 2024, reflecting higher sales commissions and employee compensation[128]. - Selling, general and administrative expenses as a percentage of revenue decreased to 44.2% in Q1 2025 from 51.2% in Q1 2024, and to 43.8% from 52.2% in the first half of 2025 compared to the same period in 2024[134]. - Selling, general and administrative expenses decreased by 9.3% to $19.4 million in Q1 2025 compared to $21.4 million in Q1 2024, and by 6.1% to $39.4 million in the first half of 2025 compared to $42.0 million in the first half of 2024[145][151]. - Technology and development expenses increased to $2.2 million for the three months ended January 31, 2025, primarily due to higher employee compensation and depreciation[129]. - Technology and development expenses decreased by 9.2% to $5.4 million in Q1 2025 compared to $5.9 million in Q1 2024, and by 9.3% to $10.9 million in the first half of 2025 compared to $12.0 million in the first half of 2024[145][152]. Financial Position - Cash, cash equivalents, debt securities, and current equity investments totaled $171.1 million as of January 31, 2025, with working capital of $183.9 million[168]. - Customer funds deposits liabilities increased to $104.7 million at January 31, 2025, up from $91.9 million at July 31, 2024[174]. - Gross trade accounts receivable rose to $52.4 million at January 31, 2025, compared to $48.6 million at July 31, 2024[172]. - Deferred revenue decreased to $28.4 million at January 31, 2025, down from $30.4 million at July 31, 2024[173]. - The company expects cash flow from operations and current investments to meet anticipated working capital and capital expenditure requirements for the next twelve months[167]. Shareholder Actions - The company paid aggregate cash dividends of $2.5 million in the six months ended January 31, 2025, with a quarterly cash dividend increase to $0.06 per share from $0.05 per share announced in March 2025[181]. - The company repurchased 217,052 shares of Class B common stock for $9.9 million in the six months ended January 31, 2025, compared to 135,261 shares for $3.2 million in the same period of 2024[186]. - The company repurchased 32,022 shares for $1.5 million to satisfy employees' tax withholding obligations in the six months ended January 31, 2025[187]. - A total of 4.2 million shares remain available for repurchase under the stock repurchase program as of January 31, 2025[186]. Debt and Credit Facilities - IDT Telecom entered into a credit agreement for a revolving credit facility of up to $25.0 million, with no amounts outstanding as of January 31, 2025[183]. - In the six months ended January 31, 2025, IDT Telecom borrowed and repaid an aggregate of $24.5 million under the credit facility, compared to $30.6 million in the same period of 2024[183]. - The company paid a quarterly unused commitment fee of 10 basis points on the average daily balance of the unused portion of the credit facility[183]. - IDT Telecom was in compliance with all covenants of the credit facility as of January 31, 2025[183]. Segment Performance - The Fintech segment represented 12.1% of total revenues for the three months ended January 31, 2025, compared to 9.4% in the same period of 2024[130]. - The net2phone segment represented 7.1% of total revenues in Q1 2025, up from 6.9% in Q1 2024, and 7.0% in the first half of 2025, compared to 6.8% in the same period of 2024[136]. - Traditional Communications segment accounted for 69.9% of total revenues in Q1 2025, down from 75.2% in Q1 2024, and 70.6% in the first half of 2025, compared to 75.9% in the same period of 2024[143]. - The number of seats served by net2phone increased by 9% to 410 in January 2025 from 375 in January 2024[137]. Other Financial Metrics - Direct cost of revenues decreased to $(2.7) million for the three months ended January 31, 2025, compared to $(2.7) million in the same period of 2024, primarily due to lower costs associated with NRS' POS terminal sales[127]. - Gross profit for NRS increased to $30.3 million, a 34.7% increase from $22.5 million in the same quarter of 2024[126]. - Gross profit increased by 2.0% to $43.1 million in Q1 2025 compared to $42.3 million in Q1 2024, and decreased slightly by 0.5% to $84.5 million in the first half of 2025 compared to $84.9 million in the first half of 2024[145].

Shares of IDT Corporation (IDT) have gained 5.4% since the company reported its earnings for the quarter ended Jan. 31, 2025. This compares to the S&P 500 Index’s 4% loss over the same time frame. Over the past month, the stock gained 2.8% against the S&P 500’s 7.5% decline.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Strong Revenue and Earnings GrowthIDT delivered solid financial results for the second quarter of fiscal 2025, with revenue increasing 2.4% year over year to $303.3 m ...

Financial Data and Key Metrics Changes - IDT Corporation generated record levels of gross profit, income from operations, and adjusted EBITDA in Q2 2025, with consolidated adjusted EBITDA reaching $34 million, bringing the total for the first half of the year to $63 million [12][22]. - The company expects to achieve approximately 40% adjusted EBITDA growth in fiscal 2025, building on the record $90 million obtained in fiscal 2024 [22]. Business Line Data and Key Metrics Changes - NRS reported a 32% growth in recurring revenue, with adjusted EBITDA exceeding $10 million, and $310 in recurring revenue per terminal [16]. - BOSS Money achieved a transaction volume of 5.7 million, with digital transactions representing over 80% of all remittances, and gross profit for the Fintech segment grew by 35% to a record $22 million [17][18]. - net2phone's subscription revenue increased by 9% to $21 million, with a 14% increase on a constant currency basis [19]. Market Data and Key Metrics Changes - NRS's same-store sales increased by 3.5% year-over-year in February, indicating healthy business activity among independent retailers [23]. - BOSS Money's transaction volume in February increased by over 30% compared to the previous year, with the second highest weekly remittance transaction volume in its history recorded recently [23]. Company Strategy and Development Direction - The company is focusing on enhancing its solutions for retailers through new features and functionalities, aiming to deepen market penetration and drive growth [8]. - IDT is not currently looking to expand NRS internationally but may consider acquisitions for international growth in the future [36]. Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about the potential impact of new federal immigration policies, noting no significant slowdown in business to date [23]. - The company plans to continue increasing its quarterly dividend and return value to shareholders through stock repurchases, reflecting confidence in its financial position [27][28]. Other Important Information - The company has increased its regular quarterly dividend by 20% and repurchased over 179,000 shares for $8.5 million in the quarter [12][28]. - The introduction of net2phone's virtual AI agent is expected to enhance customer interactions and reduce costs [10][11]. Q&A Session Summary Question: NRS terminal growth guidance - Management acknowledged a slight delay in reaching the target of 6,000 terminals but expressed optimism about making up for it later in the year [36][37]. Question: Advertising revenue performance - Advertising revenue increased by 12% year-over-year, with a significant jump in data revenue growing by almost 40% [35]. Question: International expansion plans for NRS - Management indicated that international expansion is not a current focus, with a preference for organic growth in the U.S. market [36]. Question: net2phone revenue growth despite low seat count addition - Management noted a good pipeline of larger deals and expects better performance in the second half of the year [40]. Question: BOSS Money working capital requirements - Management explained that the strong balance sheet allows them to fund working capital needs without incurring financing costs [46][47]. Question: Balancing profitability and growth in BOSS Money - Management emphasized a cautious approach to spending, focusing on maintaining profitability while exploring growth opportunities [55][58]. Question: Expansion into new verticals for BOSS Money - Management reported that new country expansions are going better than expected, although scale is still needed to reap significant benefits [62].