Welcome to our dedicated page for Noble Romans news (Ticker: NROM), a resource for investors and traders seeking the latest updates and insights on Noble Romans stock.
Noble Roman’s, Inc. (OTCQB:NROM) is an Indianapolis-based franchisor, licensor and operator of the Noble Roman’s Pizza brand and the Noble Roman’s Craft Pizza & Pub concept. The NROM news feed on Stock Titan aggregates company press releases and related coverage so readers can follow developments across its restaurant and franchising operations.
According to recent announcements, Noble Roman’s regularly reports quarterly and annual financial data, including revenue, net income before taxes, segment performance for company-owned Craft Pizza & Pub locations, non-traditional company-owned units, and its convenience store pizza program. News items also discuss trends in same-store sales, contribution margins and EBITDA, giving insight into how different parts of the business are performing over time.
Investors and followers of the food service contractors and restaurant franchising space can use this page to track non-traditional franchise expansion in convenience stores and travel plazas, updates on the company’s backlog of sold but unopened units, and commentary on expected unit openings. Noble Roman’s also issues releases on financing and capital structure, such as extensions and amendments to its senior lending facility with Corbel Capital Partners and efforts to secure new financing arrangements.
Beyond financial and financing updates, Noble Roman’s news highlights product and marketing initiatives within the Craft Pizza & Pub segment, including limited-time offerings like the “Xtra-Stuffed Crust” pizza and other promotional pizzas. The company also reports on corporate governance and audit matters, such as changes to its board of directors, annual meeting developments, and the engagement of a new independent auditor. Readers interested in NROM can return to this page to review historical releases and monitor new announcements as they are published.
Noble Roman's, Inc. (OTCQB:NROM) will release its 3rd quarter 2020 financial results on Tuesday, November 10th, after market close. A conference call will follow on Wednesday, November 11th, from 4:00 to 4:45 P.M. EDT. Interested participants can call 317-300-7896 and use the code 499795. The company cautions that forward-looking statements about revenues and profitability may differ due to risks, including the impact of COVID-19 and market competition. Investors are encouraged to consider these factors when evaluating future performance.
Noble Roman's, Inc. (NROM) announced the successful opening of its newest company-owned Craft Pizza & Pub location in Greenwood, Indiana, achieving first-week net sales of nearly $60,000, the highest among its company-operated units. President Scott Mobley expressed gratitude for the community's positive reception despite pandemic challenges. The strategic implementation of the new layout improved service efficiency while reducing occupancy costs. The company plans additional openings in Kokomo and McCordsville, Indiana, by November, showcasing its growth amidst difficult operating conditions.
Noble Roman's, Inc. (OTCQB:NROM) has announced plans to open two new company-owned Craft Pizza & Pub locations in Greenwood and McCordsville, Indiana, by mid-November 2020. The company will also see its franchisees open a new location in Kokomo, IN, bringing its total to seven company-owned and three franchised locations. CEO Scott Mobley expressed optimism about the new markets, emphasizing strong demand despite pandemic challenges. The company began 2020 with four company-owned locations and two franchises, showing growth potential in a competitive environment.
Noble Roman's, Inc. (OTCQB:NROM) announced the lease agreement for its seventh company-operated Craft Pizza & Pub restaurant in McCordsville, IN, scheduled to open in Q4 2020. This location aims to serve the expanding communities of McCordsville and surrounding areas, capitalizing on high visibility and traffic flow. The new restaurant will feature the v2.1 prototype designed for operational efficiency and catering to varying service needs. It occupies 3,570 sq. ft. with seating for 159 and includes outdoor patio seating, enhancing functionality during pandemic restrictions.