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 (NASDAQ: NDLS) is a fast-casual restaurant brand focused on noodle-based comfort food and globally inspired flavors, and its news flow reflects both menu innovation and corporate developments. The company regularly issues press releases about new or returning dishes, such as Chili Garlic Ramen, Steak Stroganoff and seasonal items like the Holiday Crispy made with SNICKERS, highlighting how these offerings connect with guest preferences and trends.
Investors and customers following Noodles & Company news will see updates on promotions and brand milestones, including celebrations of the company’s 30th birthday with nostalgic pricing on classic dishes and holiday campaigns that position its catering options as alternatives to traditional pizza-focused gatherings. These announcements often describe how the brand uses limited-time offers, guest engagement initiatives and loyalty rewards to drive traffic and reinforce its positioning as a fast-casual favorite.
The company also reports financial and strategic news, such as quarterly earnings results, preliminary sales updates and commentary on comparable restaurant sales, restaurant contribution margin and adjusted EBITDA. In addition, Noodles & Company has disclosed that its Board of Directors is conducting a review of strategic alternatives, and it has filed information about a Nasdaq minimum bid price notice and related compliance timelines. News items may also cover management changes, including leadership transitions at the chief executive level and related governance actions.
This page aggregates these types of updates so readers can track Noodles & Company’s menu launches, promotional activity, financial performance communications and strategic announcements in one place. For those interested in how the brand balances guest-facing initiatives with portfolio optimization and capital structure considerations, the news feed offers ongoing insight into the company’s public disclosures.
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.
Summary not available.
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.
Summary not available.
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.
Summary not available.