IDT Corporation (NYSE:IDT) is one of the Best Performing NYSE Stocks According to Analysts. On August 7, NRSInsights, a subsidiary of IDT Corporation (NYSE:IDT), reported strong sales growth in July 2025. The news was taken positively by the market, as the stock price has surged more than 7.5% since the announcement.
NRSInsights, same-store sales rose 5.8% year-over-year, marking the second-highest increase in over 12 months. Management noted that NRS network processed $2.1 billion in total sales, reflecting an 18% increase year-over-year. This was driven by 145 million transactions at 37,200 active points of sale across 32,100 independent retailers. Moreover, the unit sales increased by 3.2%, while the shopping baskets grew by 1.5% during the same time.
IDT Corporation (NYSE:IDT) provides fintech and communication solutions worldwide. Its National Retail Solutions (NRS) segment offers point-of-sale systems and payment services to independent retailers.
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Disclosure: None. This article is originally published at Insider Monkey.