Welcome to our dedicated page for Noodles & Co news (Ticker: NDLS), a resource for investors and traders seeking the latest updates and insights on Noodles & Co stock.
Noodles & Company (NDLS) delivers fresh, globally inspired dishes through its fast-casual restaurants across the United States. This hub provides investors and industry observers with essential updates about corporate developments, financial performance, and strategic initiatives.
Access official press releases alongside curated news coverage spanning earnings reports, leadership updates, and operational expansions. Our collection focuses on verified information about menu innovations, franchise development, and market positioning within the competitive fast-casual sector.
Discover updates about culinary collaborations, sustainability efforts, and community engagement programs that shape NDLS's brand identity. All content is organized chronologically to help track the company's evolution while maintaining neutral analysis suitable for investment research.
Bookmark this page for streamlined access to NDLS's latest announcements and third-party analyses. Check regularly for updates reflecting the company's financial health and operational strategies in the dynamic restaurant industry.
Noodles & Company (NASDAQ: NDLS) announced key leadership changes, appointing Carl Lukach as Chief Financial Officer effective November 30, 2020. Lukach brings over 17 years of financial expertise from notable organizations like Equinox and Abercrombie & Fitch. He aims to enhance the company's financial strategy and growth potential.
Additionally, Kathy Lockhart has been promoted to Chief Accounting Officer, continuing her 14-year tenure at Noodles. Both leaders are expected to facilitate growth and shareholder value during a transformative period for the company.
Noodles & Company (NDLS) reported its Q3 2020 financial results, revealing total revenue of $106 million, down from $118.3 million in Q3 2019. Comparable restaurant sales declined by 3.8% overall, with digital sales surging 151%, representing 61% of total sales. The company posted a net loss of $0.1 million, or $0.00 per diluted share, contrasting with a net income of $4.2 million in the same period last year. Adjusted EBITDA decreased to $7.7 million from $11 million year-over-year, impacted by COVID-19 related restaurant closures and increased delivery costs.
Noodles & Company (NASDAQ: NDLS) will host a conference call on October 28, 2020, at 4:30 p.m. ET to discuss third quarter 2020 financial results. CEO Dave Boennighausen will lead the call. A press release with the financial results will be issued post-market close on the same day. The call can be accessed at (877) 303-1298 for domestic callers and (253) 237-1032 for international callers. A replay will be available until November 4, 2020. The meeting will also be available live on the company's website.
Noodles & Company (NASDAQ: NDLS) announced on Sept. 22, 2020, that it will provide team members with paid time off to vote, supporting their civic rights. Employees will receive one hour of paid time off for voting, whether in-person or via mail. Additionally, the company has established an online resource library to assist with voter registration and polling information. This initiative is part of Noodles' comprehensive benefits package, aiming to foster a diverse and inclusive workplace. The company is committed to enhancing its employee benefits further in the coming weeks.
Noodles & Company (NASDAQ: NDLS) announced its participation in the virtual CL King’s 18th Annual Best Ideas conference. The discussion is scheduled for September 16, 2020, at 10:15 AM Eastern Time. The event will be available for live streaming and archived on their website under the Investor Relations tab. Noodles & Company, founded in 1995, operates over 450 restaurants, offering a variety of noodle dishes and is recognized as one of the Best Places to Work by the Denver Business Journal.
Noodles & Company (NASDAQ: NDLS) is set to host a conference call on August 6, 2020, at 4:30 p.m. ET to discuss its second quarter 2020 financial results. CEO Dave Boennighausen and CFO Ken Kuick will lead the call. A press release detailing the financial results will be published after market close on the same day. Participants can access the call by phone or through a live webcast on the company's investor website. A replay of the call will be available until August 13, 2020.
Noodles & Company (NASDAQ: NDLS) announced a mandatory face-covering policy for team members and guests at company-owned locations, effective July 22, 2020. This initiative aims to enhance safety amid the COVID-19 pandemic, aligning with CDC guidelines. The company reports strong digital sales growth, up 138% in Q2 compared to Q1, as off-premise options become increasingly popular. Noodles has extended free delivery until July 31 for orders over $15, catering to evolving consumer needs for safe dining alternatives.
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