Noodles & Co Earnings Reports

Noodles & Company reported a 2.0% increase in total revenue to $123.8 million for the first quarter of 2025, driven by strong comparable restaurant sales growth of 4.4% system-wide. However, the company experienced a net loss of $9.1 million, wider than the $6.1 million loss in the prior year, and a decrease in restaurant contribution margin to 10.3% from 13.1%.

Noodles & Company reported a 2.0% decrease in total revenue, reaching $121.8 million. The company saw a net loss of $9.7 million, widening from the prior year's $6.1 million loss. Operating margin declined to -6.0% from -3.7%. Comparable restaurant sales grew modestly by 0.8% system-wide.

Noodles & Company's third quarter 2023 results showed a decrease in total revenue by 1.2% to $127.9 million, while comparable restaurant sales decreased by 3.7%. Net income remained relatively flat at $0.7 million, or $0.02 per diluted share. However, the company saw improvements in operating margin, restaurant contribution margin, and adjusted EBITDA.

Noodles & Company reported a decrease in total revenue by 4.5% to $125.2 million, a net loss of $1.3 million, and a system-wide comparable restaurant sales decrease of 5.5%.

Noodles & Company reported a 12.0% increase in total revenue to $126.1 million, with company comparable restaurant sales increasing by 6.9%. The operating margin improved by 360 basis points, and the restaurant contribution margin improved by 400 basis points compared to the first quarter of 2022.

Noodles & Company reported strong Q4 2022 results, with total revenue increasing by 18.9% to $136.5 million and company-owned comparable restaurant sales rising by 10.2%. Net income was $1.0 million, a significant improvement from the net loss of $4.7 million in the same quarter of the previous year. The company's operating margin also saw substantial growth, reaching 1.3% compared to (3.8)% in Q4 2021.

Noodles & Company reported a 3.4% increase in total revenue to $129.4 million and a net income of $0.8 million, or $0.02 per diluted share, for the third quarter of 2022. The company's comparable restaurant sales increased by 2.1% system-wide, with a 3.4% increase at company-owned restaurants. Despite inflationary pressures, the company saw sales trends accelerate through the quarter and into October.

Noodles & Company reported a 4.3% increase in total revenue to $131.1 million, driven by a 5.1% increase in system-wide comparable restaurant sales and new restaurant openings. Net income was $1.3 million, or $0.03 per diluted share.

Noodles & Company reported a 2.7% increase in total revenue to $112.6 million and a 6.4% increase in system-wide comparable restaurant sales. The company experienced a net loss of $6.4 million, or $0.14 loss per diluted share. Company Average Unit Volumes of $1.25 million represented a 6.8% increase compared to the first quarter of 2021.

Noodles & Company reported a 7.1% increase in total revenue to $114.8 million for the fourth quarter of 2021, compared to $107.2 million in the fourth quarter of 2020. The company's net loss was $4.7 million, or $0.10 loss per diluted share, compared to a net loss of $3.8 million, or $0.09 loss per diluted share in the fourth quarter of 2020.

Noodles & Company reported strong Q3 2021 results, with an 18.1% increase in total revenue to $125.1 million, a 16.3% increase in system-wide comparable restaurant sales, and record company average unit volumes of $1.38 million. Net income was $4.7 million, or $0.10 per diluted share.

Noodles & Company reported a strong second quarter in 2021 with a 57% increase in total revenue to $125.6 million. Company-owned comparable restaurant sales increased by 55.7%, and system-wide comparable restaurant sales increased 56.8%. The company achieved a record average unit volume of $1.35 million and the highest restaurant contribution margin since 2014 at 18.9%. Net income was $5.7 million, or $0.12 per diluted share.

Noodles & Company announced positive financial results for Q1 2021, featuring a 10.5% increase in company-owned comparable restaurant sales and a 12.7% increase in average unit volumes compared to Q1 2020. Digital sales grew by 110%, accounting for 62% of total sales. The company reported a net loss of $2.0 million, an improvement from the $5.8 million net loss in Q1 2020.

Noodles & Company's Q4 2020 results showed resilience in their digital and off-premise capabilities, with digital sales growing significantly. However, total revenue and restaurant contribution margin decreased compared to the same quarter of the previous year, and the company experienced a net loss.

Noodles & Company reported a decrease in total revenue to $106.0 million compared to $118.3 million in the third quarter of 2019. System-wide comparable restaurant sales decreased by 3.8%, while digital sales grew by 151% and accounted for 61% of total sales. The company experienced a net loss of $0.1 million, or $0.00 per diluted share.

Noodles & Company announced its Q2 2020 financial results, showing a sales recovery driven by digital and off-premise business growth. The company's average unit volumes were nearly flat year-over-year in July, and digital sales accounted for 74% of total sales, growing 135% year-over-year. The company reported a net loss of $13.5 million, but maintains a strong financial position with $62.1 million in cash on hand.

Noodles & Company reported an 8.8% decrease in total revenue to $100.3 million, driven by a 7.2% decrease in system-wide comparable restaurant sales due to COVID-19 mandated dining room closures and refranchising. The company strengthened off-premise capabilities and saw digital sales grow by 44.2%. Net loss was $5.8 million, or $0.13 per diluted share.

Noodles & Company's Q4 2019 results showed a slight increase in total revenue, positive comparable restaurant sales growth, and an increase in restaurant contribution margin. However, the company reported a net loss for the quarter, though adjusted net income and adjusted EBITDA increased significantly.