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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 (NASDAQ: NDLS) will host a virtual fireside chat during the Jefferies Consumer Conference, with a webcast available from June 20, 2022. Interested participants can access it via the Noodles & Company website under the 'Investor Relations' tab. Additionally, the company will meet with institutional investors in person on June 22, 2022.

Known for its diverse noodle offerings and commitment to workplace diversity, Noodles & Company has over 450 locations and was recognized as one of America's Best Employers for Diversity in 2021.

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Noodles & Company (NASDAQ: NDLS) has introduced LEANguini, a new proprietary noodle, available at over 450 locations nationwide, featuring 56% fewer net carbs and 44% more protein than traditional pasta. Accompanying this launch, the company is testing three new Asian-inspired broth bowls in select markets, including Colorado, Illinois, and Ohio. These menu innovations align with Noodles' commitment to freshness and health-focused options. The new offerings are designed to appeal to evolving consumer preferences, highlighting Noodles' strategic focus on menu innovation.

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Noodles & Company (NASDAQ: NDLS) will participate in two upcoming spring conferences, hosting fireside chats in New York City. The first event is at the BMO Global Farm to Market Conference on May 18, 2022, at 1:15 pm ET, which will be webcast live on the company’s website. The second chat will occur at Piper Sandler’s The Year of the Restaurant Industry Summit on June 8, 2022, at 12:50 pm ET. Noodles & Company, known for its diverse noodle offerings, emphasizes its commitment to diversity and community engagement.

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Noodles & Company (NASDAQ: NDLS) has launched its new brand positioning, Uncommon Goodness, to enhance guest experiences and team member benefits. This initiative reflects the company’s commitment to quality ingredients and community impact. Key highlights include the introduction of LEANguini, a low-carb, high-protein noodle, exclusively for Noodles Rewards members until May 18, 2022. Additionally, new team member benefits aimed at promoting diversity and inclusion were announced, including financial support for immigration and mental health initiatives.

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Noodles & Company (NDLS) reported a 2.7% increase in total revenue to $112.6 million for Q1 2022, driven by a 6.4% growth in comparable restaurant sales. Company average unit volumes experienced a significant rise, reaching $1.35 million in March. However, net loss widened to $6.4 million, resulting in a loss of $0.14 per diluted share. Operating margin fell to (5.4)%, primarily due to inflationary costs. Looking ahead, the company expects Q2 revenue between $130 million and $133 million and plans approximately 35 new restaurant openings in 2022.

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Noodles & Company (NASDAQ: NDLS) will host a conference call on April 27, 2022, at 4:30 p.m. ET to discuss its Q1 2022 financial results. CEO Dave Boennighausen and CFO Carl Lukach will lead the discussion. A press release detailing financial results will be available after market close on the same day. The live call can be accessed via phone or webcast, with a replay available until May 5, 2022.

Noodles & Company operates over 450 restaurants and has received accolades for its workplace culture and diversity initiatives.

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Noodles & Company has launched Impossible™ Panko Chicken, a new plant-based protein option available in select cities, including Colorado, Oregon, and Washington. This offering will be featured in the Impossible™ Orange Chicken Lo Mein dish and can be added to any menu item. The product boasts 13g of protein, 0mg cholesterol, and 2g of saturated fat per serving, made without antibiotics or hormones. This addition follows the positive reception of other health-conscious options like LEANguini and aims to cater to plant-based diets, promoting environmental benefits through reduced land and water use.

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Noodles & Company (NASDAQ: NDLS) celebrates International Women's Day on March 8, 2022, by offering a free shareable for Noodles Rewards members. This initiative aims to connect and recognize women in their lives across 450+ locations in the U.S. The company boasts significant leadership representation, with 54% women in operations and 50% in executive roles, exceeding national averages. Noodles promotes a diverse environment with an industry-leading benefits program supporting women, including enhanced parental leave and financial assistance for adoption and surrogacy.

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Noodles & Company (NDLS) reported a 20.7% revenue increase for FY 2021, totaling $475.2 million, driven by a 22.1% rise in comparable restaurant sales. Q4 revenue grew 7.1% to $114.8 million, with company average unit volumes reaching $1.31 million. Net income was $3.7 million, a significant turnaround from a $23.3 million loss in 2020. The company projects 8% unit growth in 2022 and 10% annually thereafter, with a revised AUV target of $1.5 million by 2024. Challenges noted include impacts from the Delta variant and staff shortages, but management remains confident in growth potential.

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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

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NDLS Stock Data

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