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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 (NDLS) will discuss its first quarter 2024 financial results on May 8, 2024. The conference call will be hosted by CEO Drew Madsen and CFO Mike Hynes. A press release with financial results will be issued after the market close. Access the live call via the registration link or webcast on investor.noodles.com.
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Noodles & Company has partnered with DND Group Inc. to acquire six restaurant locations in Portland and open a total of 10 new restaurants in Oregon by 2030. The franchise agreement highlights Noodles & Company's strategic growth in the Pacific Northwest market. DND Group Inc., led by Dara Dejbakhsh, will bring Noodles & Company's globally inspired dishes to Portland and surrounding areas. The exclusive development includes cities like Portland, Eugene, Bend, and Yakima-Kennewick-Pasco. Noodles & Company aims to strengthen its presence in the Pacific Northwest with this partnership.
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Noodles & Company (NDLS) reported financial results for Q4 2023 and FY 2023, showing a decrease in total revenue, net loss, and operating margin. Despite challenges, the CEO outlined strategic priorities for future growth. The company had available cash of $3.0 million and outstanding debt of $82.2 million as of January 2, 2024. The 2024 business outlook includes revenue expectations of $510-525 million, flat to +3% comparable restaurant sales growth, and other financial projections.
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Noodles & Company (NDLS) appoints Drew Madsen as permanent CEO, effective March 6, 2024. Madsen, a seasoned leader in the restaurant industry, sets strategic priorities for 2024 to strengthen operations, grow traffic, and fortify the financial position. Board expresses confidence in Madsen's ability to drive sustainable growth and create long-term shareholder value.
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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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FAQ

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

The current stock price of Noodles & Company (NDLS) is $0.72 as of December 20, 2024.

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

The market cap of Noodles & Company (NDLS) is approximately 31.4M.

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

31.44M
30.40M
10.81%
64.6%
1.6%
Restaurants
Retail-eating Places
Link
United States of America
BROOMFIELD