March 2026 Same-Store Sales Rise 2.9% Year-Over-Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 06 2026
0mins
Should l Buy IDT?
Source: Newsfilter
- Same-Store Sales Growth: March 2026 same-store sales increased by 2.9% year-over-year, although this marks a decline from February's 4.0%, indicating a cautious consumer spending trend that could impact overall retail performance.
- Decline in Units Sold: Units sold decreased by 1.2% year-over-year, compared to a smaller decline of 0.2% in February, reflecting a shift towards budget-conscious purchasing that may compel retailers to adjust their inventory strategies in response to market dynamics.
- Transaction Volume Changes: Baskets per store decreased by 0.4% year-over-year, yet the decline was less severe than February's, suggesting that consumers still exhibit some purchasing intent in categories like convenience store items, potentially offering retailers opportunities to refine their product assortments.
- Slowing Price Increases: The dollar-weighted average price for the top 500 items rose by 1.4% year-over-year in March 2026, down from 2.7% in February, indicating easing inflationary pressures that may provide consumers with greater purchasing power.
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Analyst Views on IDT
About IDT
IDT Corporation is a provider of fintech and communications solutions focused on consumer and business-to-business (B2B) markets. Its segments include National Retail Solutions (NRS), Fintech, net2phone, and Traditional Communications. The NRS segment operates a point-of-sale terminal-based platform for independent retailers including convenience stores, bodegas, liquor, small-format grocery, and tobacco stores. The fintech segment provides fintech-based services featuring cross-border money transfers to customers. net2phone provides businesses with artificial intelligence (AI) powered communications solutions that analyze, inform, and manage communications. The Traditional Communications segment provides prepaid digital offerings including mobile airtime top-up, mobile data bundles, digital gift cards, and eSIMs to consumers through BOSS’ retail and digital channels. It also provides international long-distance voice calling for immigrant communities in the United States and Canada.
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.
IDT Executive Sells 20,000 Shares of Stock
- Executive Transaction Overview: On April 14, 2026, Menachem Ash, EVP of Strategic & Legal Affairs at IDT Corporation, sold 20,000 shares of common stock for a transaction value of $1.02 million, marking his largest open-market sale to date and indicating his ongoing engagement with the company's stock.
- Holding Proportion Analysis: This sale reduced Ash's direct common stock holdings to 32,243 shares, impacting 36.3% of his direct equity exposure, yet he retains a significant position with 35,118 shares of convertible Class B common stock, demonstrating his long-term commitment to the company.
- Company Financial Performance: IDT reported first-quarter revenue of $320.5 million in 2026, a 6% year-over-year increase, with gross margins expanding to 37.8%, driven by a 32% rise in fintech income and a remarkable 96% growth in net2phone, showcasing robust performance across multiple business segments.
- Market Reaction and Outlook: Despite the executive's stock sale, IDT's stock price has risen approximately 10% year-to-date, reflecting market confidence in the company's sustained growth, and long-term investors should focus on the growth potential and margin expansion across the company's business lines rather than short-term insider trading activities.
See More
net2phone Launches Sync Platform to Empower Canadian Businesses
- Platform Launch: net2phone's newly launched Sync platform offers Canadian businesses a unified voice, video, and messaging service designed to streamline communication processes and enhance customer experiences, addressing the need for modern communication infrastructure.
- AI Integration Benefits: The Sync platform incorporates powerful AI capabilities, including transcription and summarization of calls and meetings, as well as automated follow-up workflows, significantly reducing manual effort and improving team efficiency.
- Data Security Assurance: All cloud data is securely stored and encrypted in Canada, meeting the data residency requirements critical for Canadian enterprises, thereby enhancing customer trust in data security.
- Rapid Deployment and Management: The platform features intuitive administration tools that support quick deployment and easy management, enabling businesses to swiftly adapt and leverage new technologies to enhance their competitive edge.
See More
March 2026 Same-Store Sales Rise 2.9% Year-Over-Year
- Same-Store Sales Growth: March 2026 same-store sales increased by 2.9% year-over-year, although this marks a decline from February's 4.0%, indicating a cautious consumer spending trend that could impact overall retail performance.
- Decline in Units Sold: Units sold decreased by 1.2% year-over-year, compared to a smaller decline of 0.2% in February, reflecting a shift towards budget-conscious purchasing that may compel retailers to adjust their inventory strategies in response to market dynamics.
- Transaction Volume Changes: Baskets per store decreased by 0.4% year-over-year, yet the decline was less severe than February's, suggesting that consumers still exhibit some purchasing intent in categories like convenience store items, potentially offering retailers opportunities to refine their product assortments.
- Slowing Price Increases: The dollar-weighted average price for the top 500 items rose by 1.4% year-over-year in March 2026, down from 2.7% in February, indicating easing inflationary pressures that may provide consumers with greater purchasing power.
See More
IDT Corporation Announces 16.7% Dividend Increase to $0.07 per Share
- Dividend Increase: IDT Corporation has declared a quarterly dividend increase from $0.06 to $0.07 per share, representing a 16.7% rise, which not only reflects the company's enhanced profitability but may also attract more investor interest, boosting market confidence.
- Yield Metrics: The forward yield of this dividend stands at 0.54%, providing shareholders with a stable cash return, thereby enhancing the company's appeal in the capital markets, especially in the current economic climate.
- Shareholder Benefits: The dividend will be payable on March 31, with a record date of March 19 and an ex-dividend date also on March 19, ensuring shareholders receive timely returns, which strengthens their trust and support for the company.
- EBITDA Guidance Upgrade: IDT has raised its 2026 adjusted EBITDA guidance to between $147 million and $149 million, indicating accelerated progress in digital and AI initiatives, suggesting further growth potential and profitability improvements for the company in the future.
See More
IDT Corp Raises Adjusted EBITDA Guidance to $149 Million Amid Strong Growth
- Guidance Increase: IDT Corp raised its adjusted EBITDA guidance for fiscal 2026 to $147 million to $149 million, up from $141 million to $145 million, reflecting positive developments across its segments and potentially enhancing overall financial performance.
- Digital Channel Growth: BOSS Money's digital channel transactions increased by 17% year-over-year, benefiting from a shift to higher-margin digital channels, indicating successful digital transformation that may boost market share and customer loyalty.
- Net2phone EBITDA Surge: Net2phone's adjusted EBITDA rose by 37% year-over-year to $3.9 million, aided by favorable foreign exchange rates and disciplined spending, which strengthens the company's position in the competitive communications market.
- Dividend Increase and Buybacks: The company announced a 17% increase in its annual dividend to $0.28 per year while repurchasing $15 million in shares in the first six months of fiscal '26, demonstrating a commitment to shareholder returns and confidence in its financial health.
See More
IDT Corp Reports Increased Q2 Earnings
- Earnings Growth: IDT Corp reported a second-quarter profit of $20.95 million, translating to $0.84 per share, which is an increase from last year's $20.27 million and $0.80 per share, indicating a steady improvement in the company's profitability.
- Adjusted Earnings: Excluding items, IDT's adjusted earnings reached $25.0 million, or $1.00 per share, highlighting strong performance in core operations and further boosting investor confidence in the company's financial health.
- Revenue Increase: The company's revenue rose by 5.7% to $320.52 million compared to $303.35 million last year, reflecting ongoing market demand improvement and expansion of the company's business operations.
- Market Positioning: The growth in IDT's earnings and revenue not only enhances its competitive position in the market but also lays a solid foundation for future investments and expansion, demonstrating a positive growth trajectory within the industry.
See More
IDT Executive Sells 20,000 Shares of Stock
- Executive Transaction Overview: On April 14, 2026, Menachem Ash, EVP of Strategic & Legal Affairs at IDT Corporation, sold 20,000 shares of common stock for a transaction value of $1.02 million, marking his largest open-market sale to date and indicating his ongoing engagement with the company's stock.
- Holding Proportion Analysis: This sale reduced Ash's direct common stock holdings to 32,243 shares, impacting 36.3% of his direct equity exposure, yet he retains a significant position with 35,118 shares of convertible Class B common stock, demonstrating his long-term commitment to the company.
- Company Financial Performance: IDT reported first-quarter revenue of $320.5 million in 2026, a 6% year-over-year increase, with gross margins expanding to 37.8%, driven by a 32% rise in fintech income and a remarkable 96% growth in net2phone, showcasing robust performance across multiple business segments.
- Market Reaction and Outlook: Despite the executive's stock sale, IDT's stock price has risen approximately 10% year-to-date, reflecting market confidence in the company's sustained growth, and long-term investors should focus on the growth potential and margin expansion across the company's business lines rather than short-term insider trading activities.
See More
net2phone Launches Sync Platform to Empower Canadian Businesses
- Platform Launch: net2phone's newly launched Sync platform offers Canadian businesses a unified voice, video, and messaging service designed to streamline communication processes and enhance customer experiences, addressing the need for modern communication infrastructure.
- AI Integration Benefits: The Sync platform incorporates powerful AI capabilities, including transcription and summarization of calls and meetings, as well as automated follow-up workflows, significantly reducing manual effort and improving team efficiency.
- Data Security Assurance: All cloud data is securely stored and encrypted in Canada, meeting the data residency requirements critical for Canadian enterprises, thereby enhancing customer trust in data security.
- Rapid Deployment and Management: The platform features intuitive administration tools that support quick deployment and easy management, enabling businesses to swiftly adapt and leverage new technologies to enhance their competitive edge.
See More
March 2026 Same-Store Sales Rise 2.9% Year-Over-Year
- Same-Store Sales Growth: March 2026 same-store sales increased by 2.9% year-over-year, although this marks a decline from February's 4.0%, indicating a cautious consumer spending trend that could impact overall retail performance.
- Decline in Units Sold: Units sold decreased by 1.2% year-over-year, compared to a smaller decline of 0.2% in February, reflecting a shift towards budget-conscious purchasing that may compel retailers to adjust their inventory strategies in response to market dynamics.
- Transaction Volume Changes: Baskets per store decreased by 0.4% year-over-year, yet the decline was less severe than February's, suggesting that consumers still exhibit some purchasing intent in categories like convenience store items, potentially offering retailers opportunities to refine their product assortments.
- Slowing Price Increases: The dollar-weighted average price for the top 500 items rose by 1.4% year-over-year in March 2026, down from 2.7% in February, indicating easing inflationary pressures that may provide consumers with greater purchasing power.
See More
IDT Corporation Announces 16.7% Dividend Increase to $0.07 per Share
- Dividend Increase: IDT Corporation has declared a quarterly dividend increase from $0.06 to $0.07 per share, representing a 16.7% rise, which not only reflects the company's enhanced profitability but may also attract more investor interest, boosting market confidence.
- Yield Metrics: The forward yield of this dividend stands at 0.54%, providing shareholders with a stable cash return, thereby enhancing the company's appeal in the capital markets, especially in the current economic climate.
- Shareholder Benefits: The dividend will be payable on March 31, with a record date of March 19 and an ex-dividend date also on March 19, ensuring shareholders receive timely returns, which strengthens their trust and support for the company.
- EBITDA Guidance Upgrade: IDT has raised its 2026 adjusted EBITDA guidance to between $147 million and $149 million, indicating accelerated progress in digital and AI initiatives, suggesting further growth potential and profitability improvements for the company in the future.
See More
IDT Corp Raises Adjusted EBITDA Guidance to $149 Million Amid Strong Growth
- Guidance Increase: IDT Corp raised its adjusted EBITDA guidance for fiscal 2026 to $147 million to $149 million, up from $141 million to $145 million, reflecting positive developments across its segments and potentially enhancing overall financial performance.
- Digital Channel Growth: BOSS Money's digital channel transactions increased by 17% year-over-year, benefiting from a shift to higher-margin digital channels, indicating successful digital transformation that may boost market share and customer loyalty.
- Net2phone EBITDA Surge: Net2phone's adjusted EBITDA rose by 37% year-over-year to $3.9 million, aided by favorable foreign exchange rates and disciplined spending, which strengthens the company's position in the competitive communications market.
- Dividend Increase and Buybacks: The company announced a 17% increase in its annual dividend to $0.28 per year while repurchasing $15 million in shares in the first six months of fiscal '26, demonstrating a commitment to shareholder returns and confidence in its financial health.
See More
IDT Corp Reports Increased Q2 Earnings
- Earnings Growth: IDT Corp reported a second-quarter profit of $20.95 million, translating to $0.84 per share, which is an increase from last year's $20.27 million and $0.80 per share, indicating a steady improvement in the company's profitability.
- Adjusted Earnings: Excluding items, IDT's adjusted earnings reached $25.0 million, or $1.00 per share, highlighting strong performance in core operations and further boosting investor confidence in the company's financial health.
- Revenue Increase: The company's revenue rose by 5.7% to $320.52 million compared to $303.35 million last year, reflecting ongoing market demand improvement and expansion of the company's business operations.
- Market Positioning: The growth in IDT's earnings and revenue not only enhances its competitive position in the market but also lays a solid foundation for future investments and expansion, demonstrating a positive growth trajectory within the industry.
See More
