Welcome to our dedicated page for NOODLES & Co SEC filings (Ticker: NDLS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Noodles & Company filings document the public-company records of a fast-casual restaurant operator with company-owned and franchised locations. Form 8-K reports furnish quarterly and annual operating results, comparable restaurant sales, restaurant contribution margin, adjusted EBITDA and business outlook disclosures, while also recording material events affecting securities and listing status.
Proxy materials and related filings cover stockholder voting matters, board governance, director elections, executive compensation and amendments to the company’s charter. The filing record also documents Class A common stock matters, including the approved 1-for-8 reverse stock split, related certificate amendment, and subsequent Nasdaq minimum-bid-price compliance disclosure.
Hynes Michael reported disposition transactions in this Form 4 filing.
Noodles & Co Chief Financial Officer Michael Hynes surrendered 544 shares of Class A Common Stock on July 24, 2026 to cover required tax withholdings upon the vesting of Restricted Stock Units. The shares were valued at $15.36 per share, and he now directly holds 32,721 shares.
Noodles & Company reported second-quarter 2026 revenue of $127.0 million, essentially flat year over year, but narrowed its net loss to $3.95 million from $17.6 million. Adjusted EBITDA improved to $10.8 million, and restaurant contribution margin expanded to 17.2% from 12.8%.
System-wide comparable restaurant sales rose 10.3%, including 11.4% at company-owned units, aided by menu pricing, mix, reduced food waste and labor efficiencies. The footprint shrank to 396 restaurants after 22 company-owned and 5 franchise closures in the first half, with additional closures expected in 2026.
Leverage remains elevated: at June 30, 2026 the company held $1.3 million in cash against $105.4 million of debt under its A&R Credit Agreement and a stockholders’ deficit of $51.0 million. The credit facility matures on July 27, 2027, and the board’s previously announced strategic review, including refinancing and potential transactions, remains ongoing. A 1-for-8 reverse stock split was effected in February 2026.
Noodles & Company reported second-quarter 2026 revenue of $127.0 million, up 0.5% year over year, with system-wide comparable restaurant sales up 10.3% (11.4% at company-owned units, 5.5% at franchise locations). Net loss narrowed to $4.0 million, or $0.67 per diluted share, from $17.6 million a year earlier. Operating margin improved to (1.2)%, and restaurant contribution margin expanded to 17.2% from 12.8%.
Adjusted EBITDA rose 79% to $10.8 million. As of June 30, 2026, the company held $1.3 million in cash, $105.4 million of debt, and $16.6 million available under its revolver. Management raised 2026 guidance to revenue of $485–$500 million, comparable restaurant sales growth of 8.0–11.0%, restaurant-level contribution margins of 16–17%, and Adjusted EBITDA of $34–$38 million, while planning one new franchise opening and 30–35 company-owned and five franchised closures.
The board’s strategic review of alternatives, including refinancing debt maturing in 2027 and potential refranchising or sale transactions, continues. Management highlighted seven consecutive quarters of positive comparable sales and company-owned third-quarter quarter-to-date comparable sales up approximately 10%.
Taylor Shawn A reported acquisition or exercise transactions in this Form 4 filing.
Noodles & Co director Shawn A. Taylor received a grant of 7,103 shares of Class A common stock on May 15, 2026. The award represents director fees paid in the form of Restricted Stock Units, which settle in common stock on the grant date using a notional price of $12.67 per unit. Following this grant, Taylor directly holds 22,238 shares of Noodles & Co common stock.
Schreiber Elisa reported acquisition or exercise transactions in this Form 4 filing.
NOODLES & Co director Elisa Schreiber received an equity grant of 7,103 shares of Class A Common Stock as part of her annual director compensation. The shares were issued at no cash cost per share, reflecting a grant or award rather than an open-market purchase.
According to the compensation arrangement, the director receives a portion of fees in the form of Restricted Stock Units valued using a notional price of $12.67 for this grant, which settle in common stock on the grant date. Following this award, Schreiber directly holds 22,184 shares.
Noodles & Co director Britain Peakes received an equity grant as part of board compensation. The filing shows an award of 7,103 shares of Class A Common Stock at a stated price of $0.00 per share, characterized as a grant or other acquisition.
According to the footnote, the director receives a portion of their fees in Restricted Stock Units, which for this grant were valued using a notional price of $12.67 per unit and settle in common stock on the grant date. Following this award, Peakes holds 14,743 shares directly.
Noodles & Co director Andrew H. Madsen received a grant of 7,103 shares of Class A Common Stock on May 15, 2026 as part of his director compensation. The award reflects restricted stock units valued using a notional price of $12.67 per unit.
The RSUs settle in common stock on the grant date, and the shares were acquired at a reported price of $0.00 per share. Following this non-cash grant, Madsen directly holds 37,526 shares of Noodles & Co common stock.
JONES JEFFREY W reported acquisition or exercise transactions in this Form 4 filing.
Noodles & Co director Jeffrey W. Jones received an equity grant of 10,655 shares of Class A Common Stock as part of his board compensation. The Form 4 shows this as a grant or award transaction with no cash price per share.
According to the footnote, Jones receives a portion of his director fees in Restricted Stock Units, which for this annual grant were valued using a notional price of $12.67. The RSUs settle in common stock on the grant date, bringing his direct holdings to 40,706 shares.
Noodles & Co reported that Chief Accounting Officer Kathryn Rae Lockhart received an award of 4,735 Restricted Stock Units of Class A common stock on May 15, 2026. Each RSU represents one share and will vest in four equal annual installments beginning on May 15, 2027.
On the same date, 416 shares of Class A common stock were surrendered to the company at $12.59 per share to cover required tax withholdings tied to RSU vesting. Following these transactions, Lockhart directly owned 13,423 shares of Class A common stock.
Noodles & Company EVP of Technology Corey Kline reported routine equity compensation activity involving Class A common stock. On May 15, 2026, Kline received an award of 4,735 Restricted Stock Units (RSUs), each representing one share of Class A common stock, at no cash cost. The RSUs vest in four equal annual installments beginning May 15, 2027.
On the same date, 416 shares were surrendered back to Noodles & Company at $12.59 per share to cover tax withholdings due upon RSU vesting, as disclosed in the footnotes. Following these transactions, Kline directly holds 14,855 shares of Class A common stock.