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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.
Noodles & Company (NASDAQ: NDLS) has launched two new salads—Asian Apple Citrus Salad with Chicken and Mexican Street Corn Salad with Chicken—across all 450 locations after successful testing last summer. This addition complements existing salads and caters to diverse dietary preferences. The company promotes a Goodness Guarantee, allowing customers to replace any dish if not satisfied. Noodles also offers a rewards program with incentives for trying the new salads. The initiative reflects the brand's commitment to innovation and customer satisfaction.
Noodles & Company (NASDAQ: NDLS) will host a conference call on February 23, 2022, at 4:30 p.m. ET to discuss its Q4 and full-year 2021 financial results. CEO Dave Boennighausen and CFO Carl Lukach will lead the call. A press release with financial results will be issued after market close on the same day. The conference call can be accessed via phone or streamed live from the company's website. A replay will be available until March 2, 2022.
Noodles & Company (NASDAQ: NDLS) has announced a franchise partnership with Warner Foods, committing to develop 40 new locations in California over 12 years. The agreement will also see the re-franchising of 15 existing locations to Warner Foods, which will operate as NorCal Noodles, LLC. Expected to close on January 12, 2022, this deal marks a growth phase for Noodles & Company, aiming for seven to nine new openings in Q1 2022 and projected annual growth of 10% beyond 2022.
Noodles & Company (NASDAQ: NDLS) announced its participation in two investor conferences in January 2022. The first event is a fireside chat at the 2022 Virtual ICR Conference on January 10, starting at 1:30 PM ET, which will be streamed live on their website. The second event is the virtual Jefferies Annual Winter Summit, taking place from January 24 to 25. Established in 1995, Noodles & Company operates around 450 restaurants, offering a diverse selection of noodle dishes.
Noodles & Company (NASDAQ: NDLS) announced the launch of its innovative noodle, LEANguini, aimed at health-conscious consumers. This new noodle boasts 56% fewer net carbs, 30% fewer total carbs, and 44% more protein than traditional wheat noodles, developed over two years by its culinary team. LEANguini will be tested in select locations in Colorado, Illinois, and Ohio, accompanied by three new dishes. As part of the January Healthy Options Challenge, Rewards members can earn double points when swapping for LEANguini. More details can be found at Noodles.com/menu.
Noodles & Company (NASDAQ: NDLS) will participate in a fireside chat at the Stephens Annual Investment Conference in Nashville, TN, on December 2, 2021, starting at 3:00 PM CT. The discussion will be webcast live and archived on their website under the Investor Relations section.
The company, established in 1995, operates around 450 restaurants and employs over 8,000 team members, focusing on diverse noodle dishes.
Noodles & Company (NDLS) announces the launch of TRUFF Mac, a limited-edition dish combining its famous Wisconsin Mac & Cheese with TRUFF's Signature Black Truffle Hot Sauce. Available exclusively at over 450 locations as a digital-only offering, this collaboration aims to enhance the dining experience. The dish is made with high-quality ingredients and is promoted through Noodles' digital channels, including the Noodles Rewards app. Customers can redeem points for this exclusive item, showcasing the brand's customer engagement strategy.
Noodles & Company (NDLS) has released its first impact report, showcasing progress across people, food, planet, and community. Key highlights include:
- Women represent 56% of the operations team and 50% of the executive team.
- $7.6 million invested in team member benefits, including mental health support and bonuses.
- The Noodles & Company Foundation has donated over $800,000 to team members and supported educational scholarships.
- Commitment to clean ingredients and menu innovation.
- Over $400,000 donated to local schools and organizations.
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