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.
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.
Noodles & Company announced the testing of three new salads at select locations in Colorado, Maryland, Virginia, Florida, and California. These salads aim to provide fresh, bold flavors and healthier options for customers. The salads include an Asian Apple Citrus Salad, a Mexican Street Corn Salad, and a Quinoa Chop Salad, all designed to complement the company's globally-inspired menu. Noodles & Company emphasizes quick, convenient lunch options as consumers return to the workplace, while also offering plant-based pasta alternatives.
Noodles & Company (NASDAQ: NDLS) will participate in a fireside chat at the Jefferies Virtual Consumer Conference on June 23, 2021, starting at 2:40 pm ET. The discussion will be webcast live and archived on their website for later viewing. Noodles has approximately 450 restaurants and a commitment to serving diverse noodle dishes, from classic Wisconsin Mac & Cheese to healthier Zoodles. For more information, visit www.noodles.com.
Noodles & Company (NDLS) announced the launch of its first ghost kitchen in Chicago on May 20, 2021. This expansion enhances their off-premise capabilities and supports digital growth, catering to changing customer behaviors. The ghost kitchen allows for orders via the Noodles Rewards App, DoorDash, and UberEats. Digital sales surged by 110% in Q1 2021, comprising 62% of total sales, reflecting their successful adaptation to the pandemic. This initiative aims to broaden market reach without the overhead of traditional locations, further optimizing customer experience.
Noodles & Company (NASDAQ: NDLS) announced the launch of three new tortelloni dishes available exclusively to Rewards members from May 19 to June 1, 2021. The tortelloni, a first for the menu, features a larger stuffed pasta format designed to enhance flavor. New members signing up by June 1 can earn 600 bonus points. The promotion also includes free delivery for Rewards members who order the new dishes during the promotional period. The tortelloni items include 3-Cheese Tortelloni Rosa, 3-Cheese Tortelloni Pesto, and Roasted Garlic Cream Tortelloni, crafted with premium ingredients and flavors.
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?
