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.
Noodles & Company (NDLS) reported strong Q3 2021 results, with total revenue rising 18.1% to $125.1 million, attributed to a 16.3% increase in comparable restaurant sales. Digital sales constituted 52% of total revenue, and average unit volumes reached a record $1.38 million, up 16% YoY. The company achieved net income of $4.7 million, or $0.10 per diluted share, compared to a loss in the same period last year. However, delays in new restaurant openings are expected, revising the outlook for 2021 down to 7-9 new locations, with anticipated unit growth of at least 8% for 2022.
Noodles & Company (NASDAQ: NDLS) will host a conference call to discuss its third quarter 2021 financial results on October 27, 2021, at 4:30 p.m. ET. CEO Dave Boennighausen and CFO Carl Lukach will lead the call. A press release with the financial results will be issued after market close on the same day. Interested parties can access the call by dialing (877) 303-1298 or via a live webcast on the company's corporate website. A replay will be available until November 3, 2021.
Noodles & Company (NASDAQ: NDLS) has launched its second ghost kitchen in Central San Jose, following a successful test in Chicago. This new kitchen expands access to the brand through digital channels and enhances off-premise capabilities, catering to a broader consumer base. The San Jose ghost kitchen aims to gather market insights and test franchise opportunities while supporting Noodles' digital growth strategy, which saw a 15% increase in digital sales in Q2 2021, accounting for 56% of total sales.
BROOMFIELD, Colo., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ: NDLS) will participate in a fireside chat at CL King’s 19th Annual Best Ideas Conference. The discussion is scheduled for September 14, 2021, at 2:45 PM ET. The event will be webcast live and available for later viewing on the Noodles & Company website, under the 'Investor Relations' section.
With approximately 450 restaurants and over 8,000 team members, Noodles & Company continues to offer diverse noodle dishes, emphasizing their commitment to customer satisfaction.
Noodles & Company (Nasdaq: NDLS) announced a franchise agreement with Carlos Hill of Tsunami Enterprises, LLC, to open four new restaurants in the El Paso & Las Cruces area over three years, with the first location set to open by Fall 2022. This partnership aims to expand the Noodles brand into new markets, with Carlos Hill expressing confidence in the brand's appeal to diverse dietary needs. The company has over 450 locations and has received recognition for its workplace culture and commitment to diversity.
Noodles & Company (NDLS) reported a remarkable second quarter of 2021, with total revenue soaring 57% to $125.6 million, attributed to a 56.8% increase in comparable restaurant sales. Company-owned restaurant sales rose by 55.7%, while franchise sales surged by 63.8%. Average unit volumes reached a record $1.35 million, up 51.5% year-over-year. Digital sales accounted for 56% of total revenue, growing 15%. Net income was $5.7 million, or $0.12 per diluted share, a turnaround from a loss of $13.5 million last year. The restaurant contribution margin increased to 18.9%, the highest since 2014.
Noodles & Company, based in Broomfield, Colorado, has announced free delivery for all guests every Monday until September 27, 2021, to support those returning to work and school. The Noodles Rewards program offers weekly deals, including discounts and complimentary food for members, further enhancing customer engagement. Safety remains a priority with no-contact delivery and enhanced cleaning measures. Additionally, Noodles is providing 'You Rock!' coupons for educators to reward students. The company aims to help families enjoy meals together as daily routines resume.
Noodles & Company (NASDAQ: NDLS) will host a conference call on August 3, 2021, at 4:30 p.m. ET to discuss its second quarter 2021 financial results. The call will be led by CEO Dave Boennighausen and CFO Carl Lukach. A press release detailing the financial results will be published after market close on the same day. Interested parties can join the call by dialing (877) 303-1298 or via international number (253) 237-1032. A webcast will also be available on the company’s corporate website, with an archive accessible post-call.
FAQ
What is the current stock price of Noodles & Company (NDLS)?
What is the market cap of Noodles & Company (NDLS)?
What does Noodles & Company offer?
How many locations does Noodles & Company have?
What is the Goodness Guarantee program?
What recent menu items have been introduced?
How can I join the Noodles Rewards program?
Does Noodles & Company offer franchise opportunities?
What are Noodles & Company's core values?
Where is Noodles & Company headquartered?
What awards has Noodles & Company won?
How can I find the nearest Noodles & Company location?
