Welcome to our dedicated page for Noodles & news (Ticker: NDLS), a resource for investors and traders seeking the latest updates and insights on Noodles & stock.
Noodles & Company reports developments tied to its fast-casual restaurant concept, which serves cooked-to-order noodle and pasta dishes, soups, salads and appetizers through company-owned and franchised restaurants. Recurring updates cover quarterly and annual financial results, comparable restaurant sales, average unit volume trends, restaurant contribution margin, adjusted EBITDA, debt and liquidity disclosures, and business outlook commentary.
Company news also includes limited-time menu launches and collaborations, including globally inspired noodle offerings, value-oriented meal bundles and returning seasonal dishes. Other recurring themes include off-premise dining activity, franchise and company-owned restaurant performance, shareholder voting matters, governance updates and capital-structure actions affecting the Class A common stock.
Noodles & Company (NASDAQ: NDLS) will host a conference call on May 10, 2023, at 4:30 p.m. ET to discuss its Q1 2023 financial results. CEO Dave Boennighausen and CFO Carl Lukach will lead the call. A press release detailing the financial results will be issued after market close on the same day. Those interested can access the call via a registration link or listen through the company's corporate website in the 'Events & Presentations' section with an archive available afterward.
Founded in 1995, Noodles & Company operates over 450 restaurants and employs around 8,000 team members, focusing on diverse noodle dishes and catering to customer preferences.
Noodles & Company has introduced Extra Goodness, a new feature in its Noodles Rewards program, which now has 4.5 million members. This enhancement allows rewards members to redeem daily perks, such as discounts or free add-ons, that refresh every day. The initiative aims to enhance customer loyalty and appreciation, reflecting the brand's commitment to providing exceptional value. Notably, 54% of Noodles' sales come through digital channels, and **25%** of total sales are driven by rewards members. This growth underscores the effectiveness of their digital innovation and responsiveness to customer needs.
Noodles & Company (NASDAQ: NDLS) has reintroduced its popular Backyard BBQ Chicken Salad nationwide, featuring high-quality ingredients like grilled chicken, mixed greens, and cheddar jack cheese. This salad enhances the brand's better-for-you menu options, which include plant-based and low-carb dishes. The company emphasizes its commitment to customer satisfaction with the Goodness Guarantee, allowing customers to exchange their meal if unsatisfied. New Noodles Rewards members can enjoy promotional points and offers, making this a timely addition to their menu as warmer weather approaches.
Noodles & Company (NDLS) reported strong financial results for Q4 2022, with total revenue rising 18.9% to $136.5 million, driven by a 10.2% increase in comparable restaurant sales for company-owned locations. Net income improved to $1.0 million, or $0.02 per diluted share, compared to a net loss of $4.7 million in Q4 2021. The operating margin expanded to 1.3%, and adjusted EBITDA surged 101.6% to $9.9 million. For FY 2022, total revenue increased 7.2% to $509.5 million, but the company recorded a net loss of $3.3 million. Looking ahead, NDLS expects Q1 2023 revenue between $125 million and $128 million, with restaurant level contribution margins of 12.5% to 12.8%.
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Noodles & Company (NASDAQ: NDLS) announced a conference call to discuss its fourth quarter and full year 2022 financial results on March 8, 2023, at 4:30 p.m. ET. CEO Dave Boennighausen and CFO Carl Lukach will lead the call. A press release containing the financial results will be issued after market close the same day. Participants can access the call via a registration link or through a live webcast on the company’s corporate website. An archive of the webcast will be available shortly after the call. With over 450 locations and 9,000 team members, Noodles & Company is committed to delivering a diverse range of noodle dishes to customers.
Noodles & Company (NASDAQ: NDLS) will participate in the Jefferies Annual Winter Summit from January 22-24, 2023, in Beaver Creek, Colorado. A fireside chat featuring the company will be webcast and available on-demand starting January 21, 2023. Investors can access the webcast on the company’s website under the Investor Relations section.
Established in 1995, Noodles & Company boasts over 450 restaurants and around 9,000 team members, offering a variety of noodle dishes including Wisconsin Mac & Cheese and Zoodles. For more information, visit www.noodles.com.
Noodles & Company (NASDAQ: NDLS) will host a fireside chat during the 25th Annual ICR Conference in Orlando, FL, on January 9, 2023, starting at 1:30 PM ET. The discussion will be available for live streaming and archived on the company’s website. Interested participants can access it via the Noodles & Company Investor Relations tab or the ICR Conference website.
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Noodles & Company (NASDAQ: NDLS) will host a fireside chat at the Stephens Annual Investment Conference in Nashville, TN, on November 16, 2022, starting at 9:00 AM CT. The event will be available via live webcast and archived on the company’s website under the “Investor Relations” tab for those interested in listening. Noodles & Company has been serving a variety of noodle dishes since 1995, operating over 450 restaurants with around 9,000 team members committed to delivering flavorful meals.