NDLS
NoodlesFDocument history
Earnings documents stored for NDLS.
Investor releaseQuarter not tagged2026-07-09Noodles & Company to Announce Second Quarter 2026 Results on July 24, 2026
GlobeNewswire
Noodles & Company to Announce Second Quarter 2026 Results on July 24, 2026
BROOMFIELD, Colo., July 09, 2026 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ: NDLS) today announced that it will host a conference call to discuss its second quarter 2026 financial results on Friday, July 24, 2026 at 8:30 a.m. ET. Joe Christina, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with second quarter 2026 financial results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 201-389-0920. A replay will be available after the call and can be accessed by dialing 412-317-6671; the passcode is 13761074. The replay will be available until Friday, August 7, 2026. The conference call will also be webcast live from the Company’s corporate website at investor.noodles.com under the “Events & Presentations” page. An archive of the webcast will be available at the same location on the corporate website shortly after the call has concluded. About Noodles & CompanyNoodles & Company has known noodles since 1995. For 30 years, the brand has brought people together over craveable classics and globally inspired flavors, from indulgent Creamy Mac & Cheese to bold Japanese Pan Noodles. With approximately 400 restaurants and a team of passionate noodle lovers, Noodles is built on flavor, comfort, and a people-first culture. To learn more and to find the location nearest you, visit www.noodles.com. Contacts:Investor [email protected] MediaDanielle [email protected] Source: Noodles & Company
Investor releaseQuarter not tagged2026-06-02Noodles NDLS Q1 2026 Earnings Call Transcript
Motley Fool
Noodles NDLS Q1 2026 Earnings Call Transcript
Image source: The Motley Fool. Wednesday, March 25, 2026 at 4:30 p.m. ET Chief Executive Officer — Joseph Christina Chief Financial Officer — Michael Hynes Need a quote from a Motley Fool analyst? Email [email protected] Joseph Christina: Thanks, Mike, and good afternoon. As we look at our performance in the first quarter and into the second, the story is clear. We are delivering consistent and sustainable favorable results across Noodles & Company, demonstrated by system-wide comp sales growth of over 9% and adjusted EBITDA more than tripling year-over-year in the first quarter. More importantly, this momentum continued into the second quarter with April system-wide comp sales growth of over 9%, including over 10% for our company-operated restaurants. To date, we have delivered positive same-store sales for the last 16 consecutive months. In conjunction with the increase in comparable sales, our restaurant contribution margins increased by a significant 460 basis points in the first quarter, with the combination of the strong sales and margin increases reflected in the over tripling of our adjusted EBITDA results. What gives me confidence in the sustainability of our results is that our progress is driven not by a single initiative or unlock. It is a result of a focused, disciplined approach to executing the fundamentals of our business and doing the small things right every day, with those small improvements adding up to meaningful wins. Moreover, we are seeing those winning behaviors spread across the organization, leading to stronger execution and a better overall guest experience. What's important to understand is that this progress is not accidental. It is a result of how our teams show up and operate every day. We are seeing that come through clearly in 3 areas. First, we are running more consistent restaurant operations. Second, our marketing is more disciplined and more connected. And third, our culinary strategy is driving demand through relevant craveable food. Let me start with our restaurants. Put simply, we are operating better restaurants today than we were a year ago. Across the system, we are executing at a higher level in the moments that matter most to our guests. We are seeing meaningful improvement in service, particularly during our dinner daypart, where consistency and hospitality have the greatest impact. Our overall guest satisfaction scor...
Investor releaseQuarter not tagged2026-05-07Noodles & Company raises guidance on strong first quarter
Nation's Restaurant News
Noodles & Company raises guidance on strong first quarter
You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Noodles & Company on Wednesday raised its guidance for the year on better-than-expected results, saying its two-year turnaround effort is paying off. The fast-casual chain said same-store sales in the first quarter were up 9.1% systemwide, including a 9.4% increase at company-owned restaurants and an 8% increase at franchised units. The company said it has delivered positive comparable sales for the last 16 months consecutively. Traffic at company units was up 4.8%, and the average check increased 4.4%, which reflected a 2% menu price increase and the rest from guests choosing higher-priced items. Restaurant-level margins grew by 460 basis points to 14.9%, compared with 10.3% a year ago. The company also narrowed its net loss to $3.4 million in the March 31-ended quarter, compared with a net loss of $9.1 million in the first quarter last year. Revenues remained flat at $123.8 million. Noodles is benefitting from the closure of 33 underperforming company restaurants last year, and another 20 closures in the first quarter this year, along with the shuttering of three franchised units. The company has said it plans to close another 10 to 15 restaurants in 2026, as it continues to review the portfolio. Another two franchised units are also expected to shutter. The closures have driven sales to nearby locations and boosted off-premise sales, which has ultimately improved unit profitability. CEO Joe Christina, however, said the improved results were less about the restaurant closures and more about improvements in the business, including “doing small things right every day, with those small improvements adding up to meaningful wins.” He credited Noodles’ overhaul of the menu last year, as well as an ongoing strengthening of operational execution and more effective marketing. “Put simply, we are operating better restaurants today than we were a year ago,” Christina said. He also said the chain’s value-positioned Delicious Duos, pairing an entrée and side for $9.95, have also continued to drive traffic, as did the return of the fan-favorite Steak Stroganoff and a Chili Garlic Ramen, which was one of the most successful limited-time offers in brand history. On Wednesday, Noodles launched a collaboration with model/actress/entrepreneur Chrissy Teigen featuring the limited-time d...
Investor releaseQuarter not tagged2026-05-07Noodles & Company Q1 Earnings Call Highlights
MarketBeat
Noodles & Company Q1 Earnings Call Highlights
Sales momentum: Noodles reported system-wide comparable sales growth of more than 9% in Q1 and April, marking 16 consecutive months of positive same-store sales, with company AUV up 13.5% to $1.49 million and traffic +4.8%. Profitability improvement: Restaurant contribution margin expanded 460 basis points to 14.9% and adjusted EBITDA more than tripled to $7.7 million, driven by lower COGS (down 120 bps), labor efficiencies, and improved restaurant execution. Portfolio and outlook: Management is closing underperforming locations (20 company-owned in Q1; 30–35 expected in 2026), rolling out targeted marketing and loyalty programs like "Boost Week," and raised full-year 2026 guidance to $483–498M revenue and $32.5–37.5M adjusted EBITDA while targeting roughly $10M of debt reduction. Interested in Noodles & Company? Here are five stocks we like better. Noodles & Co Stock is a Tasty Turnaround Play Noodles & Company (NASDAQ:NDLS) reported first-quarter 2026 results that management said showed “consistent and sustainable favorable results” across sales and profitability, supported by improved restaurant execution, more disciplined marketing, and ongoing menu initiatives. Chief Executive Officer Joe Christina said the company delivered system-wide comparable sales growth of more than 9% in the first quarter, and that momentum continued into the second quarter with April system-wide comp sales growth of over 9%, including more than 10% for company-operated restaurants. Christina added that the company has now posted positive same-store sales for 16 consecutive months. → Tyson Foods' Total Returns: Tasty Treats for Income Investors? Chief Financial Officer Mike Hynes reported system-wide comp restaurant sales increased 9.1% in the quarter, including a 9.4% increase at company-owned restaurants and an 8% increase at franchise restaurants. Company comp traffic rose 4.8%, while average check increased 4.4%, which included 2% effective pricing during the quarter. Hynes said company average unit volumes increased 13.5% to $1.49 million. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Management highlighted significant margin improvement alongside the sales gains. Christina said restaurant contribution margins increased 460 basis points in the first quarter, which he said helped drive adjusted EBITDA to more than triple year-over-year. Hynes detailed that r...
Investor releaseQuarter not tagged2026-05-07Noodles & Co.: Q1 Earnings Snapshot
Associated Press
Noodles & Co.: Q1 Earnings Snapshot
BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Noodles & Co. (NDLS) on Wednesday reported a loss of $3.4 million in its first quarter. The Broomfield, Colorado-based company said it had a loss of 58 cents per share. Losses, adjusted for non-recurring costs, were 44 cents per share. The restaurant chain posted revenue of $123.8 million in the period. Noodles & Co. expects full-year revenue in the range of $483 million to $498 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NDLS at https://www.zacks.com/ap/NDLS
Investor releaseQuarter not tagged2026-05-07Noodles & Company Announces First Quarter 2026 Financial Results
GlobeNewswire
Noodles & Company Announces First Quarter 2026 Financial Results
First Quarter 2026 Comparable Restaurant Sales Increased 9.1% System-Wide Raised Outlook for Fiscal Year 2026 Based on First Quarter Results BROOMFIELD, Colo., May 06, 2026 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for its first quarter ended March 31, 2026. Key highlights for the first quarter of 2026 versus the first quarter of 2025 include: Total revenue remained flat at $123.8 million. Comparable restaurant sales increased 9.1% system-wide, comprised of a 9.4% increase at company-owned restaurants and an 8.0% increase at franchise restaurants. Net loss was $3.4 million, or $0.58 loss per diluted share, compared to net loss of $9.1 million, or $1.58 loss per diluted share, in the first quarter of 2025. Operating margin was (0.7)% compared to (5.2)% in the first quarter of 2025. Restaurant contribution margin(1) was 14.9% compared to 10.3% in the first quarter of 2025. Adjusted EBITDA(1) increased 218% to $7.7 million compared to $2.4 million in the first quarter of 2025. Joe Christina, President and Chief Executive Officer of Noodles & Company, remarked, “We are very pleased with our first quarter results, which exceeded our first quarter outlook, with comparable restaurant sales up over 9% and more than tripling our Adjusted EBITDA from a year ago, reflecting continued strong momentum at Noodles & Company. This momentum has continued into April with second quarter to date system-wide comparable restaurant sales up in excess of 9%. We now have delivered positive same store sales for the last consecutive 16 months.” Christina continued, “Our significantly improved performance is due to a combination of our much improved menu, our value oriented Delicious Duos offering, our strong LTO offers including returning seasonal favorite Steak Stroganoff, stronger execution by our team members and more connected and effective marketing. All of this has translated into a better overall guest experience as evidenced by a sequential improvement in our guest satisfaction scores, sustained traffic growth, increased engagement with new guests and existing guests, and more profitable in-restaurant performance.” Christina concluded, “In the first quarter, the majority of our comparable sales growth was driven by the improvements in our underlying business fundamentals. In addition, our portfolio optimization initiative, which inv...
TranscriptFY2026 Q12026-05-06FY2026 Q1 earnings call transcript
Earnings source - 47 paragraphs
FY2026 Q1 earnings call transcript
Good afternoon, welcome to today's Noodles & Company's first quarter 2026 earnings conference call. I would now like to introduce Noodles & Company's Chief Financial Officer, Mike Hynes. Please go ahead, sir.
Thank you, and good afternoon, everyone. Welcome to our first quarter 2026 earnings call. Here with me this afternoon is Joe Christina, our Chief Executive Officer. I'd like to start by going over a few regulatory matters. During the call, we may make forward-looking statements regarding future events or the future financial performance of the company. Any such items should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Such statements are only projections, and actual events or results could differ from those projections due to a number of risks and uncertainties, including those referred to in this afternoon's news release and the cautionary statement in the company's annual report on Form 10-K and subsequent filings with the SEC. During the call, we will discuss non-GAAP measures, which we believe can be useful in evaluating the company's operating performance.
These measures should not be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP. A reconciliation of these measures to the most directly comparable GAAP measures is available in our first quarter 2026 earnings release. To the extent the company provides guidance, it does so only on a non-GAAP basis and does not provide reconciliations of forward-looking non-GAAP measures. Quantitative reconciling information for these measures is unavailable without unreasonable efforts. With that, I would like to turn the call over to Joe Christina, our Chief Executive Officer.
Thanks, Mike. Good afternoon. As we look at our performance in the first quarter and into the second, the story is clear. We are delivering consistent and sustainable favorable results across Noodles & Company, demonstrated by system-wide comp sales growth of over 9% and adjusted EBITDA more than tripling year-over-year in the first quarter. More importantly, this momentum continued into the second quarter with April system-wide comp sales growth of over 9%, including over 10% for our company-operated restaurants. To date, we have delivered positive same-store sales for the last 16 consecutive months. In conjunction with the increase in comparable sales, our restaurant contribution margins increased by a significant 460 basis points in the first quarter, with the combination of the strong sales and margin increases reflected in the over tripling of our adjusted EBITDA results.
What gives me confidence in the sustainability of our results is that our progress is driven not by a single initiative or unlock. It is a result of a focused, disciplined approach to executing the fundamentals of our business and doing the small things right every day, with those small improvements adding up to meaningful wins. Moreover, we are seeing those winning behaviors spread across the organization, leading to stronger execution and a better overall guest experience. What's important to understand is that this progress is not accidental. It is the result of how our teams show up and operate every day. We are seeing that come through clearly in 3 areas. First, we are running more consistent restaurant operations. Second, our marketing is more disciplined and more connected. Third, our culinary strategy is driving demand through relevant, craveable food. Let me start with our restaurants.
Put simply, we are operating better restaurants today than we were a year ago. Across the system, we are executing at a higher level in the moments that matter most to our guests. We are seeing meaningful improvement in service, particularly during our dinner daypart, where consistency and hospitality have the greatest impact. Our overall guest satisfaction scores increased by 10% in the last 6 months, with significant improvements achieved in all of our major sales channels: in-restaurant, native digital, and third-party delivery. That comes from more focused, more aligned teams who understand what matters most and hold themselves accountable to it. We are recognizing strong performance and reinforcing it, which raises the standards across the system. Guests are noticing the difference, and that is showing up in stronger in-restaurant sales and more consistent traffic patterns.
At the same time, as execution in our restaurants has improved, our marketing has become more disciplined, more connected, and more effective. We're not relying on a single campaign or promotion. We are operating with a consistent, ongoing dialogue with our guests, anchored in what we do best, delivering craveable, globally inspired noodle dishes. That work is showing up in the business. We're seeing it in both sales and transactions, supported by stronger engagement across our paid, owned, and earned channels. Importantly, a meaningful portion of that growth is coming from new guests entering the brand. In fact, new guest active purchases increased 36% year-over-year, and loyalty sign-ups grew 33% in the quarter. Clear indicators that our brand is reaching new audiences. We also become intentional in how we invest.
In paid media, we are actively managing performance in real time across channels, allowing us to allocate dollars more efficiently and maximize return. We are not separating traffic from brand. The same work that brings guests into our restaurants is also strengthening how they think about Noodles. In the first quarter, we introduced what we call a Boost Week offer, a focused time-bound activation designed to drive immediate profitable traffic during key periods. During this winter, reward members can enjoy two of our culinary classics for $12. The results were strong as we added new loyalty members, reactivated lapsed guests, and drove a meaningful increase in traffic to our website. Based on that performance, we plan to build this into a repeatable program and execute it on a quarterly basis.
We have also launched our fresh campaign highlighting ingredient quality and reinforcing the care that goes into every dish, helping to elevate how our guests perceive our food. On the culinary side, we are executing a focused strategy that balances fan favorite returns, bold global flavors, and culturally relevant partnerships to drive both frequency and new guest engagement. This progress began last year with the most significant menu transformation in our company’s history as we introduced a range of new and enhanced dishes that strengthen the core of our offerings. We followed that with our Delicious Duos platform, which reinforced our value proposition in a disciplined way as well as provided further reinforcement of the new and enhanced menu items.
Later in the year, we introduced Chili Garlic Ramen, one of our most successful limited time offers, which brought new guests to the brand and further reinforced Noodles as a credible, differentiated fast casual destination for globally inspired noodle dishes. In the first quarter, Steak Stroganoff returned as a highly successful limited time offer. We brought it back in response to strong guest demand. The results reinforced both the strength of our loyal guest base and our ability to attract new guests. We also expanded how we supported that launch through differentiated marketing initiatives to build broader awareness to reach beyond our core guests. More broadly, fan favorites like Steak Stroganoff play an important role in our strategy. For longtime guests, they create a reason to return. For new guests, they provide an easy entry point into a brand through dishes we know resonate.
We continued that approach into March by highlighting our Asian category and bringing back Indonesian Peanut Sauté alongside Chili Garlic Ramen. This work reinforced our global flavor profile, showcasing the variety on our menu, and helped lift the overall Asian category. During this LTO window, our Asian category mix has increased 40%, a clear signal that this strategy is resonating with guests. As limited time offers remain a key part of our menu strategy, I’m excited to share our newest LTO, Chicken Artichoke & Asparagus Rigatoni, which is available today nationwide. This dish is a bright spring-forward pasta that brings together fresh seasonal ingredients with the comforting flavors our guests expect from Noodles.
In tandem with this LTO, we are partnering with Cravings by Chrissy Teigen to offer guests the Craveable Bundle, which includes our new Chicken Artichoke & Asparagus Rigatoni alongside a Cravings-inspired Crispy, a nostalgic sweet and salty twist on our signature treat. This is another example of how we are delivering craveable food while elevating it through the right partnership. We know Noodles and the Cravings brand, which has a significant following by one of our key demographics, certainly knows Cravings. Together, we are bringing those strengths to life in a way that allows us to show up in culture authentically while driving awareness, trial, and engagement. Across all these efforts, the through line is clear. We are executing well in our restaurants, supporting it with disciplined marketing and delivering craveable food.
We create a better guest experience that is translating into consistent performance and steady growth in both comparable sales and margins. At the same time, we have taken a disciplined look at our portfolio and how our restaurants are performing across markets. In select areas, we had too much density, particularly as our off-premise sales continued to grow. We made the decision to optimize our footprint. By closing underperforming restaurants in these areas, we have seen a significant transfer of their sales to nearby restaurants, which results in a higher baseline average unit volume for those go-forward restaurants, which also further improves restaurant level margin and profitability. It also allows us to focus our resources on our strongest restaurants, improving efficiency and drive better overall company profitability. The progress we are seeing is helping across the business and is building on itself.
We are seeing a shift in mindset across the organization, and our teams believe they can impact results. They are taking ownership, and as we continue to reinforce strong execution, winning is becoming contagious across our teams. That is what allows this momentum to sustain. As we look ahead, we will stay focused, remain disciplined, and continue executing at a high level every day. With that, I will turn it over to Mike to walk through the financial details.
Thank you, Joe. In the first quarter, our total revenue was relatively flat compared to last year at $123.8 million, with strong comp sales growth mostly offset by the closing of underperforming locations. System-wide comp restaurant sales during the first quarter increased 9.1%, including an increase of 9.4% at company-owned restaurants and an increase of 8% at franchise restaurants. Company comp traffic during the first quarter increased 4.8% and average check increased 4.4%, inclusive of 2% effective pricing during the quarter. Company average unit volumes in the first quarter increased 13.5% to $1.49 million.
Our sales growth in the first quarter, which was an acceleration of the sales growth we saw in the back half of 2025, delivered impressive restaurant contribution margin growth. Our restaurant contribution margin in the first quarter increased 460 basis points to 14.9% from 10.3% in the first quarter of 2025. COGS in the first quarter were 25.4% of sales, a 120 basis point decrease from last year, which was driven by lower food waste related to new menu items, menu pricing, and lower discounting, partially offset by higher food costs associated with our new menu offerings and modest inflation. Our food inflation in the first quarter was 0.2%.
Labor costs for the first quarter were 30.0% of sales, which was down 250 basis points to prior year, primarily due to the benefit of sales leverage and labor efficiencies, partially offset by wage inflation. Hourly wage inflation in the first quarter was 1.9%. Occupancy costs in the first quarter decreased to $10.4 million compared to $11.5 million in 2025 due to a reduction in our company-owned restaurant count over the last twelve months. Other restaurant operating costs increased by 10 basis points in the first quarter to 21.2%. The increase in other restaurant operating costs was primarily driven by a combination of higher third-party delivery fees from higher third-party delivery channel sales and higher marketing expenses, which were mostly offset by sales leverage and lower repairs and maintenance costs.
G&A in the first quarter was $12.5 million compared to $12.8 million in 2025. Net loss for the first quarter was $3.4 million or a loss of $0.58 per diluted share, compared to a net loss of $9.1 million or a loss of $1.58 per diluted share last year. The loss in the first quarter of 2026 included a $2.7 million non-cash impairment charge, primarily related to our decision to close underperforming restaurants. Our adjusted EBITDA in the first quarter more than tripled to $7.7 million compared to $2.4 million in the first quarter of 2025. Our first quarter capital expenditures totaled $2.1 million compared to $2.9 million in 2025.
At the end of the first quarter, we had $1.4 million of available cash and our debt balance was $106.8 million, which was a reduction of $3.4 million from our debt balance at the end of 2025, as we were able to pay down debt in a seasonally low quarter. In the first quarter, we closed 20 company-owned restaurants and three franchise restaurants. The 20 company-owned restaurants were closed as a part of our restaurant portfolio optimization project, which continues to yield a significant transfer of sales to nearby locations given our high mix of off-premise sales, contributing to improvement in our comp sales and overall profitability.
That said, a majority of the comp restaurant sales increase in the first quarter was driven by the improvement in our underlying business fundamentals, with our portfolio optimization providing an added benefit. Overall, we are extremely pleased with our first quarter results, which exceeded our expectations as our restaurant contribution margin and adjusted EBITDA improvements were driven by our double-digit average unit volume increases paired with effective cost management. As we reflect on the first quarter results and look forward to the rest of the year, we're raising our full year 2026 guidance to the following: Total revenue of $483 million-$498 million, including comp restaurant sales growth of 7%-10%. Restaurant contribution margin between 15.5% and 17%.
General and administrative expenses of $50 million-$53 million, inclusive of stock-based compensation expense of approximately $2.5 million. Depreciation and amortization expense of $24 million-$25 million. Interest expense of $10 million-$11 million. Adjusted EBITDA between $32.5 million and $37.5 million. 1 to 2 new franchise restaurant openings. Restaurant closures, 30 to 35 company-owned restaurants and 5 franchise restaurants. We estimate total 2026 capital expenditures of $9.5 million-$10.5 million. We continue to expect to be free cash flow positive and have the opportunity to reduce our debt balance in 2026 by approximately $10 million, including the $3.4 million reduction in the first quarter. For further information regarding our 2026 expectations, please see the Business Outlook section of our press release.
With that, I'd like to turn the call back over to Joe for final remarks.
Thanks, Mike. We are very pleased with our first quarter results, reflecting in continued strong momentum at Noodles & Company, which continues into the second quarter. We are very encouraged by this momentum and remain focused on executing the fundamentals every day that are delivering better overall guest experience, as evidenced by sequential improvement in our guest satisfaction scores, sustained traffic growth, increased engagement with our guests, and more consistent in-restaurant performance. Thank you for your time today, and I'll now turn the call back over to the operator.
Thank you, sir. Ladies and gentlemen, we will now begin the question-and-answer session. If you would like to ask a question, please press star then one on your touch tone phone. You will hear a confirmation tone to indicate that you have joined the queue. If you decide to withdraw the question, please press star and then two to remove yourself from the list. Again, if you would like to ask a question, please press star and then one now. The first question that we have comes from Todd Brooks of Benchmark Company. Please go ahead.
Hey, guys. Congratulations and thanks for taking a few questions here. Appreciate it.
Thank you, Todd.
Thanks, Todd.
Mike, you had, you kinda quantified the same store sales in Q1 as majority driven by kinda fundamental business improvements and the momentum in the business. I think last quarter you kinda parsed out the sales transfer contribution versus the contribution from the fundamental improvements. Is that something you'll do this quarter as well?
You mean for the second quarter? Is that the same method for the second quarter?
Well, well, no, for same store sales, I'm just wondering what came from the contribution from closed locations versus?
Oh.
Just the core business.
Yeah, we talked about 200-300 basis points, a few weeks ago during our Q4 call, and that's about where we landed, right in the middle of that, about 250 basis points attributable to the closed locations. You know, most of the benefit was due to core business improvement, which is really encouraging to see.
Yeah, it's fantastic. Then it sounds silly 'cause the same store sales are so strong, but did you guys have any winter weather-related impact that muted results in the first quarter that you would call out?
Just timing between the periods, but overall, we feel like it, you know, kinda washed out and wasn't a big impact for the quarter.
Okay, great. Joe, you talked about the introduction of a boost week. I was wondering kind of the, is this something you're gonna tease for customers ahead of time, or is it something you're gonna drop on them kinda? What's the strategy for how this rolls out quarter after quarter?
Yeah, great question, Todd. That's a strategy around our reward members, so it's offered to them, and it's also offered to other guests once they sign up for our reward activity. It's something that attracts new guests to our app as well as our existing guests to give them a great promotion. With the results we saw, it's something that we're gonna continue throughout the year.
Okay. I assume that you would stagger that with the new LTO rolling out today. It wouldn't be something we would see until later in the quarter then, the boost week?
Correct. It's specific weeks of the year outside of our existing LTO.
Okay, great. You talked about the second quarter LTO. I know last quarter, you had some additional items when you were running the sauté. You added the ramen back in. Are there any other kind of add-ins to this LTO, or is it going to be this dish standing on its own through the quarter?
Just the partnership that we are with Cravings with Chrissy Teigen, and getting the benefit of all her followers, as well as a new treat to put it in the bundle. We are standing on our LTO for this quarter, and with other new news coming up in the remainder of the year.
Okay, a final one for me, and thanks for being patient with all the questions. Mike, I think you talked about check being up 4.4%. Can you break that down between price and mix?
Yeah, we had about 2% price for the quarter, and that's really our expectation for the full year 2026, with the rest coming from mix. The mix benefit we've been seeing for a couple of quarters now as we've had the new menu items, which have a little higher price point. Also the strength of our delivery channel is pushing the check up a bit as well.
Okay, great. Congrats again, guys. Really, really good stuff here.
Thank you, Todd.
Thanks so much, Todd.
Thank you. Ladies and gentlemen, that then concludes today's conference call. Thank you for joining us. You may now disconnect your lines.
Investor releaseQuarter not tagged2026-04-15Noodles & Company to Announce First Quarter 2026 Results on May 6, 2026
GlobeNewswire
Noodles & Company to Announce First Quarter 2026 Results on May 6, 2026
BROOMFIELD, Colo., April 15, 2026 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ: NDLS) today announced that it will host a conference call to discuss its first quarter 2026 financial results on Wednesday, May 6, 2026 at 4:30 p.m. ET. Joe Christina, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with first quarter 2026 financial results will be issued after the market close that same day. The conference call can be accessed live over the phone by dialing 201-389-0920. A replay will be available after the call and can be accessed by dialing 412-317-6671; the passcode is 13759704. The replay will be available until Wednesday, May 20, 2026. The conference call will also be webcast live from the Company’s corporate website at investor.noodles.com under the “Events & Presentations” page. An archive of the webcast will be available at the same location on the corporate website shortly after the call has concluded. About Noodles & Company Noodles & Company has known noodles since 1995. For 30 years, the brand has brought people together over craveable classics and globally inspired flavors, from indulgent Creamy Mac & Cheese to bold Japanese Pan Noodles. With more than 400 restaurants and a team of passionate noodle lovers, Noodles is built on flavor, comfort, and a people-first culture. To learn more and to find the location nearest you, visit www.noodles.com. Contacts: Investor Relations [email protected] Media Danielle Moore [email protected] Source: Noodles & Company
Investor releaseQuarter not tagged2026-03-26Noodles & Co (NDLS) Q4 2025 Earnings Call Highlights: Strong Sales Growth and Strategic ...
GuruFocus.com
Noodles & Co (NDLS) Q4 2025 Earnings Call Highlights: Strong Sales Growth and Strategic ...
This article first appeared on GuruFocus. Total Revenue: Increased 0.8% to $122.8 million in Q4 2025. System-wide Comp Sales Growth: Increased 6.6% in Q4 2025. Company-Owned Restaurants Comp Sales Growth: Increased 7.3% in Q4 2025. Franchised Restaurants Comp Sales Growth: Increased 3.8% in Q4 2025. Company Comp Traffic: Increased 1.4% in Q4 2025. Average Check: Increased 5.8% in Q4 2025. Average Unit Volumes: Increased 9.9% to $1.44 million in Q4 2025. Restaurant Contribution Margin: Increased to 14.1% from 11.2% in Q4 2024. Cost of Goods Sold (COGS): 26.0% of sales, a decrease of 120 basis points from last year. Labor Costs: 30.9% of sales, down 140 basis points from the prior year. Net Loss: $6.8 million or $1.16 per diluted share in Q4 2025. Adjusted EBITDA: Increased over 88% to $7.6 million in Q4 2025. Restaurant Closures: Closed nine company-owned and three franchise restaurants in Q4 2025. Capital Expenditures: $2.3 million in Q4 2025. Debt Balance: $110.2 million at the end of Q4 2025. 2026 Guidance - Comp Sales Growth: Approximately 9% for Q1 2026. 2026 Guidance - Adjusted EBITDA: $5.7 million to $6.3 million for Q1 2026. 2026 Guidance - Total Revenue: $478 million to $493 million for the full year. 2026 Guidance - Restaurant Contribution Margin: Between 14.7% and 16% for the full year. 2026 Guidance - Capital Expenditures: $9.5 million to $10.5 million for the full year. Warning! GuruFocus has detected 6 Warning Signs with NDLS. Is NDLS fairly valued? Test your thesis with our free DCF calculator. Release Date: March 25, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Noodles & Co (NASDAQ:NDLS) reported a system-wide comparable sales growth of nearly 7% in Q4 2025, escalating to over 9% in Q1 2026. The company launched a comprehensive new menu and successful limited-time offers, such as Chili Garlic Ramen, which attracted new customer groups. Operational improvements, including the Operational Excellence Review program, have enhanced consistency and accountability across restaurants. The Delicious Duos initiative provided value to customers, supporting traffic and frequency while maintaining margins. Adjusted EBITDA in Q4 2025 increased by over 88% compared to the previous year, indicating strong financial performance. Noodles & Co (NASDAQ:NDLS) reported a net loss of $6.8 million in Q4 202...
Investor releaseQuarter not tagged2026-03-26Noodles & Company Announces Fourth Quarter and Full Year 2025 Financial Results
GlobeNewswire
Noodles & Company Announces Fourth Quarter and Full Year 2025 Financial Results
Fourth Quarter 2025 Comparable Restaurant Sales Increased 6.6% System-Wide First Quarter 2026 Comparable Restaurant Sales Increased Over 9% To Date BROOMFIELD, Colo., March 25, 2026 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for the fourth quarter and fiscal year ended December 30, 2025, and provided a 2026 business outlook. Key highlights for the fourth quarter of 2025 compared to the fourth quarter of 2024 include: Total revenue increased 0.8% to $122.8 million from $121.8 million. Comparable restaurant sales increased 6.6% system-wide, including a 7.3% increase for company-owned restaurants and a 3.8% increase for franchise restaurants. Net loss was $6.8 million, or $1.16 loss per diluted share, compared to net loss of $9.7 million, or $1.70 loss per diluted share. Operating margin was (3.3)% compared to an operating margin of (6.0)%. Restaurant contribution margin(1) was 14.1% compared to a restaurant contribution margin of 11.2%. Adjusted EBITDA(1) increased to $7.6 million compared to $4.0 million. Key highlights for fiscal year 2025 compared to fiscal year 2024 include: Total revenue increased 0.4% to $495.1 million from $493.3 million. Comparable restaurant sales increased 4.1% system-wide, including a 4.3% increase for company-owned restaurants and a 3.2% increase for franchise restaurants. Net loss was $42.6 million, or $7.36 loss per diluted share, compared to net loss of $36.2 million, or $6.37 loss per diluted share. Operating margin was (6.4)% compared to an operating margin of (5.6)%. Restaurant contribution margin(1) was 12.6% compared to a restaurant contribution margin of 13.2%. Adjusted EBITDA(1) was $22.5 million compared to $23.6 million. Two new company-owned restaurants opened and thirty-three closed in 2025. The Company had 423 restaurants at the end of 2025, comprised of 340 company-owned and 83 franchise restaurants. Joe Christina, President and Chief Executive Officer of Noodles & Company, remarked, “We are thrilled to report that the momentum we generated in the fourth quarter with nearly 7% same store sales growth and a near doubling of Adjusted EBITDA has further accelerated as we entered 2026, with quarter-to-date comparable sales growth of over 9%. We have now had seven consecutive months of comparable restaurant sales growth over 4% with average monthly comp growth of over 7% during...
Investor releaseQuarter not tagged2026-03-26Noodles & Company Q4 2025 Earnings Call Summary
Moby
Noodles & Company Q4 2025 Earnings Call Summary
Achieved system-wide comparable sales growth of nearly 7% in 2025 by elevating food quality and launching the most comprehensive menu in company history. Drove traffic and brand awareness through high-impact limited-time offers like Steak Stroganoff, a returning fan favorite that exceeded prior launch results and strengthened guest engagement. Implemented a value-based pricing strategy with 'Delicious Duos' to address consumer price sensitivity through variety and satisfaction rather than temporary discounting. Expanded restaurant-level margins by 290 basis points to 14.1% through improved labor productivity, disciplined food cost management, and sales leverage. Launched the Operational Excellence Review (OER) program to establish a structured coaching model, resulting in overall guest satisfaction scores reaching 72% in January. Optimized the restaurant portfolio by closing underperforming locations, which facilitated a material transfer of sales to nearby sites and increased baseline average unit volumes. Transitioned marketing to an 'always-on' performance-optimized engine that dynamically adjusts investment based on real-time return and audience response data. Projects 2026 system-wide comparable sales growth of 6% to 9%, supported by continued momentum from menu innovation and portfolio optimization. Expects to close 30 to 35 additional restaurants in 2026, forecasting these closures will positively impact comparable sales by 200 to 300 basis points via sales transfer. Anticipates 2026 adjusted EBITDA between $30,000,000 and $35,000,000, representing a significant increase over 2025 levels driven by core business improvements and portfolio rightsizing. Aims to achieve positive free cash flow and reduce total debt balance by $5,000,000 to $10,000,000 during the fiscal year. Evaluating the permanent addition of a ramen section to the menu following the success of recent LTOs, viewing it as a potential growth pillar similar to the existing Mac collection. Recorded a $5,600,000 non-cash impairment charge in the fourth quarter of 2025 primarily related to the strategic decision to close underperforming restaurants. Ongoing formal review of strategic alternatives by the Board of Directors to maximize shareholder value, including potential debt refinancing or financial transactions. Experienced modest food inflation of approximately 1% and hourly wage inflatio...
Investor releaseQuarter not tagged2026-03-26Noodles & Co.: Q4 Earnings Snapshot
Associated Press Finance
Noodles & Co.: Q4 Earnings Snapshot
BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Noodles & Co. (NDLS) on Wednesday reported a loss of $6.8 million in its fourth quarter. The Broomfield, Colorado-based company said it had a loss of $1.16 per share. Losses, adjusted for one-time gains and costs, came to 43 cents per share. The restaurant chain posted revenue of $122.8 million in the period. For the year, the company reported a loss of $42.6 million, or $7.36 per share. Revenue was reported as $495.1 million. Noodles & Co. expects full-year revenue in the range of $478 million to $493 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NDLS at https://www.zacks.com/ap/NDLS