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Small Business Sales Grow on Higher Tickets and Retail Rebound, Fiserv Data Shows

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Fiserv (NASDAQ:FISV) reported its June 2026 Small Business Index at 145, with small business sales up 2.4% year over year and 0.8% month over month.

Average tickets rose 3.7% versus 2025, while transactions fell 1.3% YoY but increased 0.5% MoM. Retail, goods spending, and services showed mixed trends.

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Positive

  • Fiserv Small Business Index rises to 145 in June 2026
  • Overall small business sales up 2.4% YoY and 0.8% MoM
  • Average ticket size increases 3.7% compared with 2025
  • Retail sales grow 3.0% YoY and 1.5% MoM with transactions up
  • Goods sales up 3.0% YoY driven by 2.5% YoY transaction growth

Negative

  • Overall transactions decline 1.3% YoY despite modest MoM improvement
  • Restaurant foot traffic falls 3.1% YoY in June 2026
  • Gasoline station transactions down 1.5% YoY and 1.4% MoM
  • Services transactions drop 2.7% YoY, with growth dependent on higher tickets

News Market Reaction – FISV

-1.05%
8 alerts
-1.05% Session close to close
+2.5% Peak in 11 hr 11 min
$27.91B Market Cap
0.6x Rel. Volume

In the Jul 6 session, FISV declined 1.05%, reflecting a mild negative market reaction. Argus tracked a peak move of +2.5% during that session. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The June small-business index rising to 145 with +2.4% sales growth highlights price-led expansion a...
Analysis

The June small-business index rising to 145 with +2.4% sales growth highlights price-led expansion and a retail rebound. Earlier index releases moved the stock only modestly, and reliance on higher tickets over traffic remains a key risk to monitor.

Key Figures

Fiserv Small Business Index: 145 Small business sales YoY: +2.4% Small business sales MoM: +0.8% +5 more
8 metrics
Fiserv Small Business Index 145 Seasonally adjusted June 2026 reading
Small business sales YoY +2.4% Year-over-year sales growth in June 2026
Small business sales MoM +0.8% Month-over-month sales growth in June 2026
Average ticket growth +3.7% Small business average ticket vs 2025
Transaction change YoY -1.3% Year-over-year transactions at small businesses
Total retail sales YoY +3.0% Retail sales year-over-year in June 2026
Gas station sales YoY +15.3% Gasoline station sales year-over-year in June 2026
Goods sales YoY +3.0% Goods (largely discretionary) sales year-over-year in June 2026

Historical Context

5 past events · Latest: Jun 24 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 24 Debt tender results Neutral +1.9% Reported results of cash tender offers for 2027 and 2049 senior notes.
Jun 23 Debt tender pricing Neutral +1.9% Announced consideration per $1,000 for 2027 and 2049 note tenders.
Jun 16 Debt tender launch Neutral +4.0% Launched cash tender offers for 2027 and 2049 senior notes.
Jun 15 Leadership change Neutral -10.9% Appointed new CEO and reaffirmed 2026 organic revenue and EPS outlook.
Jun 03 Small-business index Neutral -2.4% Released May 2026 Fiserv Small Business Index data showing modest sales growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Fiserv headlines have produced mixed reactions, ranging from a double-digit drop on a leadership transition to modest gains around debt tender activity.

Key Terms

seasonally adjusted
1 terms
seasonally adjusted financial
"The seasonally adjusted Index increased to 145."
Seasonally adjusted means that figures have been modified to remove the effects of regular and predictable changes that happen at specific times of the year, such as holidays or weather patterns. This adjustment helps reveal the true underlying trend by making comparisons across different periods more accurate. For investors, it provides a clearer picture of whether economic activity is genuinely improving or declining, without the noise of seasonal fluctuations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Fiserv Small Business Index increased to 145; year-over-year sales grew +2.4%

MILWAUKEE, July 06, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for June 2026. The monthly index of consumer spending at small businesses indicates steady short-term expansion, with both nominal sales and transaction volume increasing. Annually, growth trends continue to reflect the ongoing impact of inflation.

The seasonally adjusted Index increased to 145. Sales rose (+2.4%) year over year and (+0.8%) month over month. Small business growth remained driven by higher average tickets, which increased (+3.7%) compared to 2025. Throughout June, the pace of growth for some sectors, such as Retail, reflected a more balanced mix of pricing and activity compared with May. Transactions continued their year-over-year downward trend (-1.3%), but improved (+0.5%) month over month, signaling some stabilization in consumer activity.

“Small business spending in June was driven by a healthier balance between pricing gains and consumer activity,” said Prasanna Dhore, Chief Data Officer, Fiserv. “Persistent inflation continues to shape spending behavior across both essential and discretionary categories, but the retail bounce and shift to goods spending suggest resilience.”

Key Takeaways

Retail bounces back on higher foot traffic
Total retail sales increased (+3.0%) year over year and (+1.5%) month over month, an improvement from May’s softer performance. Growth was supported by both transactions (1.8% month over month, +2.7% year over year) and modest price gains, indicating more balanced demand. Food and Beverage Retailers stabilized after prior declines, while other retail categories, such as Sporting Goods, Clothing, and Health and Personal Care, showed improvements, driven primarily by increasing foot traffic.

Restaurants hold steady
Sales edged up (+0.2%) year over year, an improvement from last month’s falling sales. June’s growth remained driven by higher average tickets, which increased (+3.3%) year over year. Foot traffic continued its decline, falling (-3.1%) year over year, though the decrease in transactions slowed from the previous month. Limited-Service Restaurants continued to lag previous years, while Full-Service performance remained comparatively steady, supported by stable demand and pricing.

Easing gasoline prices offer consumers slight relief
Sales at Gasoline Stations increased (+15.3%) year over year, but declined (-4.7%) month over month, with average tickets falling (-3.2%) compared to May, providing consumers some much-needed relief at the pump. Despite easing prices, transaction activity declined both month over month (-1.4%) and year over year (-1.5%), reflecting lower demand in June.

Consumer spending patterns may be starting to rebalance
For the past 18 months, Essentials sales growth outperformed Discretionary, with Essentials average ticket growth remaining significantly higher as well. That gap has narrowed recently, which may be supporting a return to goods spending. In June, Goods sales (largely Discretionary-driven) rose (+3.0%) year over year, driven by (+2.5%) year over year transaction growth. Average tickets increased just (+0.5%) year over year, suggesting consumers are finding value through product selection and price comparison. By contrast, Services, which lean toward Essentials, grew (+2.1%) year over year, but saw transactions decline (-2.7%) year over year on higher average tickets (+4.8%), suggesting that growth still depends on pricing, with fewer low-priced options to choose from.

To access the full Fiserv Small Business Index, visit fiserv.com/FiservSmallBusinessIndex.

About the Fiserv Small Business Index®
The Fiserv Small Business Index is published during the first week of every month and differentiated by its direct aggregation of consumer spending activity within the U.S. small business ecosystem. Rather than relying on survey or sentiment data, the Fiserv Small Business Index is derived from point-of-sale transaction data, including card, cash, and check transactions in-store and online across approximately 2 million U.S. small businesses, including hundreds of thousands leveraging the Clover point-of-sale and business management platform.
Benchmarked to 2019, the Fiserv Small Business Index provides a numeric value measuring consumer spending, with an accompanying transaction index measuring customer traffic. Through a simple interface, users can access data by region, state, and/or across business types categorized by the North American Industry Classification System (NAICS). Featuring the most detailed classification available, the Fiserv Small Business Index provides visibility into 56 standardized level-6 national industries across 26 subsectors and 13 sectors, allowing users to track sales trends with precision and understand the diverse dynamics shaping the U.S. small business economy. 

About Fiserv
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, is a global leader uniting commerce and finance. At the intersection of banking and commerce, the company powers sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital banking, merchant acquiring, network services, eCommerce, and Clover®, the all-in-one business management platform. Fiserv is a member of the S&P 500® Index and one of FORTUNE® America’s Most Innovative Companies. Visit fiserv.com and follow on social media for more information and the latest company news. 

Media Relations:
Chase Wallace
Director, Communications
Fiserv, Inc.
+1 470-481-2555
chase.wallace@fiserv.com


FAQ

What did the June 2026 Fiserv Small Business Index reveal about small business sales for FISV data users?

June 2026 data showed small business sales up 2.4% year over year and 0.8% month over month. According to Fiserv, the seasonally adjusted Small Business Index reached 145, reflecting higher average tickets and modestly improving transaction volumes.

How did retail sector performance trend in the June 2026 Fiserv Small Business Index (FISV)?

Retail sales increased 3.0% year over year and 1.5% month over month in June 2026. According to Fiserv, growth was supported by transactions up 2.7% YoY and 1.8% MoM, alongside modest price gains and improving foot traffic in several categories.

What does the June 2026 Fiserv Small Business Index say about restaurant spending for FISV watchers?

Restaurant sales rose 0.2% year over year in June 2026, reversing prior declines. According to Fiserv, growth was driven by average tickets up 3.3% YoY, while foot traffic fell 3.1% and limited-service restaurants continued to trail previous years.

How did gasoline station spending change in the June 2026 Fiserv Small Business Index (FISV)?

Gasoline station sales climbed 15.3% year over year but fell 4.7% month over month in June. According to Fiserv, average tickets decreased 3.2% versus May, while transactions declined 1.5% YoY and 1.4% MoM, indicating lower demand amid easing prices.

What shifts between essentials and discretionary goods did the June 2026 Fiserv Small Business Index (FISV) highlight?

The gap between essentials and discretionary growth has recently narrowed, hinting at a rebalance. According to Fiserv, goods sales rose 3.0% YoY on 2.5% transaction growth, while services grew 2.1% YoY with transactions down 2.7% and tickets up 4.8%.