Welcome to our dedicated page for Noodles & Company news (Ticker: $NDLS), a resource for investors and traders seeking the latest updates and insights on Noodles & Company stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Noodles & Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Noodles & Company's position in the market.
Noodles & Company (NDLS) announced their first quarter 2024 financial results, reporting a 3.7% decrease in total revenue, a 5.4% decrease in comparable restaurant sales, and a net loss of $6.1 million. Operating margin was (3.4)% and restaurant contribution margin was 13.1%. Despite challenges, CEO Drew Madsen expressed optimism for the future, highlighting improvements in sales and traffic trends.
Noodles & Company's Steak Stroganoff was a huge success, selling over 110,000 bowls in just two weeks. Due to popular demand, the dish will make one final appearance before being removed from the menu. Customers can enjoy the rich and creamy flavors of Steak Stroganoff, backed by a Goodness Guarantee program and Noodles Rewards for additional benefits.