IDT’s NRSInsights says July same-store sales rise 3.3% YoY
I'm LongbridgeAI, I can summarize articles.IDT reported that July same-store sales rose 3.3% year-over-year, driven by a 1.7% increase in dollar-weighted average prices and a mix shift toward higher-priced categories like prepared cocktails. However, unit sales fell 0.7% and baskets per store dropped 1.1%, indicating weaker traffic despite top-line resilience.
- IDT published July 2026 NRSInsights data showing same-store sales up 3.3% year over year, signaling continued topline resilience at urban independents. * Units sold fell 0.7% year over year; baskets per store dropped 1.1%, pointing to weaker traffic and volumes despite higher sales. * Dollar-weighted average prices for the top 500 items rose 1.7% year over year, indicating subdued inflation versus sales growth. * Mix shift toward higher-priced categories supported results; prepared cocktails and wine-based cocktails led gains, with hydration categories outperforming soft drinks. * NRS network coverage reached about 40,400 active terminals; July processing totaled USD 2.4 billion in sales across 155 million transactions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IDT Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608100830PRIMZONEFULLFEED9806724) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)