Noble Romans Stock Price, News & Analysis

Noble Roman's, Inc. (OTCQB:NROM) will release its 4th quarter and Year-End 2021 financial data on March 22 after market close. Following this, the company will host a conference call on March 23 from 4:00 to 4:45 P.M. EDT. Interested participants can join by calling 317-300-7896 and using the code 499795 for participation. The release will include forward-looking statements regarding the company’s future revenues and potential risks, including COVID-19 impacts and labor availability, which may affect actual results.

Noble Roman's, Inc. (OTCQB:NROM) has opened its ninth company-owned Craft Pizza & Pub in Franklin, IN, enhancing its market presence in the region. Located in Northwood Plaza, the restaurant occupies 3,550 square feet and emphasizes efficient production with its 'Pizza Valet' service. CEO Scott Mobley expressed optimism about this location's brand awareness and its potential to drive revenue and EBITDA growth, supported by the successful performance of existing locations. The opening aligns with Noble Roman's expansion strategy as it continues to develop its flagship brand.

Noble Roman's reported a 25% year-over-year revenue increase for Q3 2021, totaling $3.4 million. However, the company experienced a net loss of $79,000, contrasting with last year's profit of $83,000. EBITDA stood at $488,000, down from $589,000 in 2020. Company-owned Craft Pizza & Pub revenues rose to $2.1 million, while franchising revenue decreased to $1.2 million. Labor shortages and supply chain issues posed challenges. The company plans to open additional locations and has implemented a menu price increase to address inflationary pressures.

Noble Roman's, Inc. (OTCQB:NROM) will announce its 3rd quarter 2021 financial results on Thursday, November 11th. The company will host a conference call on the same day from 4:30 to 5:15 PM EDT, inviting participants to call 317-300-7896 with the participation code 499795. The announcement includes forward-looking statements about the company's financial outlook, emphasizing potential risks like the impacts of COVID-19, labor availability, and economic conditions. Stakeholders are encouraged to review these factors as the actual results may differ significantly from projections.

Noble Roman's, Inc. (OTCQB:NROM) has opened its eighth company-owned Craft Pizza & Pub restaurant in Indianapolis, located on the busy 86th Street corridor. The new venue, featuring 3,260 sq. ft. and an outdoor dining area, enhances the speed of production and improves the curbside carryout service. The company is already constructing another restaurant in Franklin, Indiana, demonstrating ongoing expansion plans. President and CEO Scott Mobley expressed optimism about revenue growth and job creation in the area.

Noble Roman's reported a 38% year-over-year revenue increase for Q2 2021, reaching $3.6 million. Despite this growth, net income fell to $85,000 from $441,000 in Q2 2020, affected by the absence of Paycheck Protection Program benefits. EBITDA also dropped to $600,000 from $1.1 million year-over-year. The company plans to expand its Craft Pizza & Pub locations, with new openings in Indianapolis and Franklin, Indiana. The overall financial performance reflects increased sales but challenges due to the ongoing effects of the COVID-19 pandemic.

Noble Roman's, Inc. (OTCQB:NROM) will announce its 2nd quarter 2021 financial results on August 11th after market close. A conference call is scheduled for August 12th from 4:00 to 4:45 P.M. EDT, where participants can dial 317-300-7896 and use participation code 499795. The company’s future performance is uncertain, influenced by various risks including the COVID-19 pandemic and labor availability. Investors and stakeholders are encouraged to stay informed about these developments.

Noble Roman's, Inc. (OTCQB:NROM) has announced a lease agreement for its ninth Craft Pizza & Pub in Franklin, Indiana, set to open in Q4 2021. The location will span approximately 3,600 square feet and aims to enhance speed and efficiency in service. The community boasts strong brand awareness for Noble Roman's, supported by a solid local demographic and retail presence. This addition follows the development of an eighth location in Indianapolis, continuing the company's expansion strategy.

Noble Roman's, Inc. (OTCQB:NROM), the Indianapolis-based pizza franchisor, announced an agreement with Mike Cole of Arma Advisory Services for improved market exposure. Cole, with over 25 years in the micro-cap sector, aims to attract retail and institutional investors to the company's Craft Pizza and Pub concept, which has shown strong financial performance. He highlighted Noble Roman's potential for growth and plans to enhance awareness in the investment community about their expanding foodservice segment.