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Noodles & Company - NDLS STOCK NEWS

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.

Noodles & Company (NASDAQ: NDLS) is a prominent player in the fast-casual restaurant segment, known for its globally-inspired noodle bowls, soups, salads, and appetizers. Founded in 1995 and headquartered in Broomfield, Colorado, the company aims to deliver 'Uncommon Goodness' through its diverse menu, excellent customer service, and values-centric culture.

Core Business and Products:
Noodles & Company offers a wide range of cooked-to-order dishes. Signature items include the beloved Wisconsin Mac & Cheese, Buffalo Chicken Mac, and the new Chicken Prosciutto Tortelloni with Smoked Gouda. The company continuously innovates its menu to meet diverse dietary preferences, featuring fresh ingredients and premium quality.

Recent Achievements:
In early 2024, the company enhanced its World-Famous Mac menu by adding 50% more cheese sauce to every bowl, a move that has been highly appreciated by its clientele. Additionally, it reintroduced the popular LTO, Steak Stroganoff, which sold over 110,000 bowls within the first two weeks of its relaunch.

Expansion and Partnerships:
Noodles & Company is expanding its footprint through strategic franchise agreements. In February 2024, a new location was opened in Williston, North Dakota, operated by Little Deep Pasta. By April 2024, a six-unit franchise agreement was signed with DND Group Inc. to expand in the Portland, Oregon area.

Corporate Values and Culture:
The company operates on four core values: We Care, We Are Passionate, We Show Pride, and We Love Life! Noodles & Company is recognized for its supportive environment that fosters individual growth, team collaboration, and community involvement. It has been named one of America's Best Employers for Diversity and Women by Forbes and received numerous accolades for its work culture.

Financial Health:
With over 460 locations and robust financial performance, Noodles & Company maintains a solid fiscal strategy while focusing on long-term growth. This includes a keen interest in expanding its geographical footprint, particularly in the southern U.S. regions.

Customer Engagement:
The company offers an engaging Noodles Rewards program, which provides exclusive access to new menu items, double points on purchases, and more. It fosters customer loyalty through initiatives like the Goodness Guarantee program, ensuring guests are satisfied with their meals.

To learn more about Noodles & Company, explore their menu, or join their team, visit noodles.com.

Rhea-AI Summary
Noodles & Company, listed as NDLS on NASDAQ, opened its sixteenth location in Williston, North Dakota, operated by franchise partner Little Deep Pasta. The restaurant aims to provide globally inspired noodle dishes and excellent service to the community.
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Noodles & Company (NDLS) will host a conference call to discuss its Q4 and full year 2023 financial results on March 7, 2024. Interim CEO Drew Madsen and CFO Mike Hynes will lead the call, with a press release to follow after the market close. Investors can access the live call via the company's website.
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Noodles & Company introduces new menu items, including 50% more cheese sauce in its famous Wisconsin Mac & Cheese and the launch of Chicken Prosciutto Tortelloni with Smoked Gouda. The company aims to provide a value-driven and indulgent experience for its guests, with exclusive access for Noodles Rewards members. The new menu items are part of the company's commitment to spreading Uncommon Goodness and enhancing its globally-inspired noodle bowls.
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Noodles & Company (NDLS) entered new franchise markets and received prestigious national accolades in 2023. The company made significant strides in furthering its franchise growth strategy, achieved high accolades from Forbes, Denver Business Journal, and Franchise Times, and ranked on Forbes Magazine's America's Best Employers For Diversity 2023 list. Noodles & Company is focused on expanding its franchise footprint in the southern region of the country and throughout the U.S. in 2024.
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Noodles & Company (NDLS) appoints Drew Madsen as Interim CEO, initiating a search for a new permanent CEO. Dave Boennighausen departs the company. Madsen, a seasoned leader in the restaurant industry, brings extensive experience from Panera Bread and Darden. The board expresses confidence in Madsen's ability to drive growth and enhance shareholder value.
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Noodles & Company (NDLS) reports a 1.2% decrease in total revenue to $127.9 million, a 3.7% decrease in comparable restaurant sales, and a net income of $0.7 million for Q3 2023. The company also saw a 200 bps expansion in restaurant contribution margin to 16.4% and a 19.6% growth in adjusted EBITDA compared to Q3 2022.
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Noodles & Company to discuss Q3 2023 financial results in conference call
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Noodles & Company celebrates National Noodle Day by offering $5 noodle bowls to Noodles Rewards members. They also have special offers throughout October, including 20% off select dishes. Noodles Rewards members can sign up for free and receive a free entrée after their first purchase. Every meal at Noodles is 100% guaranteed under its Goodness Guarantee program.
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Noodles & Company has signed agreements for 24 new franchise restaurants in the southern United States. Business owner Paven Sandhu and her husband Navi Sandhu will open four restaurants in Northwest Arkansas, while restauranteur Syed Ahmad will bring 20 restaurants to the Dallas market. The company aims to expand its presence in these regions and is focused on increasing its franchise footprint in Alabama, Florida, Georgia, Texas, and Oklahoma.
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Noodles & Company (NDLS) announced financial results for Q2 2023. Total revenue decreased 4.5% to $125.2 million compared to Q2 2022. Comparable restaurant sales decreased 5.5% system-wide. Net loss was $1.3 million compared to net income of $1.3 million in Q2 2022. Operating margin was (0.2)% compared to 1.4% in Q2 2022. Adjusted EBITDA was $9.3 million, a decrease of $1.9 million compared to Q2 2022. Six new company-owned restaurants opened in Q2 2023.
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FAQ

What is the current stock price of Noodles & Company (NDLS)?

The current stock price of Noodles & Company (NDLS) is $0.8275 as of November 15, 2024.

What is the market cap of Noodles & Company (NDLS)?

The market cap of Noodles & Company (NDLS) is approximately 37.0M.

What does Noodles & Company offer?

Noodles & Company offers a variety of cooked-to-order dishes like noodles, pasta, soups, salads, and appetizers.

How many locations does Noodles & Company have?

Noodles & Company operates over 460 locations across the United States.

What is the Goodness Guarantee program?

The Goodness Guarantee program allows guests to exchange their entrée for a different dish at no cost if they are not satisfied.

What recent menu items have been introduced?

Recent additions include the enhanced Mac menu with 50% more cheese sauce and the Chicken Prosciutto Tortelloni with Smoked Gouda.

How can I join the Noodles Rewards program?

You can join the Noodles Rewards program via the Noodles mobile app or their website, and it's free to sign up.

Does Noodles & Company offer franchise opportunities?

Yes, Noodles & Company offers franchise opportunities and continues to expand its presence across the United States.

What are Noodles & Company's core values?

The core values are We Care, We Are Passionate, We Show Pride, and We Love Life!

Where is Noodles & Company headquartered?

Noodles & Company is headquartered in Broomfield, Colorado.

What awards has Noodles & Company won?

Noodles & Company has received numerous accolades, including America's Best Employers for Diversity and Women by Forbes and Best Brands to Work For by QSR.

How can I find the nearest Noodles & Company location?

You can find the nearest location by visiting their website at www.noodles.com.

Noodles & Company

Nasdaq:NDLS

NDLS Rankings

NDLS Stock Data

36.96M
45.64M
10.7%
68.65%
1.1%
Restaurants
Retail-eating Places
Link
United States of America
BROOMFIELD