Welcome to our dedicated page for Noble Romans news (Ticker: NROM), a resource for investors and traders seeking the latest updates and insights on Noble Romans stock.
Introduction
Noble Roman's is an Indianapolis-based franchisor and licensor dedicated to delivering premium foodservice systems with a focus on pizza, subs, and the innovative Craft Pizza & Pub concept. Leveraging extensive experience in the foodservice industry, Noble Roman's provides turnkey, branded solutions designed for various venues including entertainment facilities, convenience stores, bowling centers, universities, and military bases. The company's commitment to quality, operational excellence, and reliable customer experiences is reflected in its diversified business approach and adherence to strict quality assurance protocols.
Business Overview
Noble Roman's operates with a dual focus: it ensures that franchisees, partners, and corporate-owned outlets consistently deliver a superior culinary experience. The company offers a comprehensive system that includes highly effective pizza and sub foodservice systems as well as a flagship full-service concept—Craft Pizza & Pub—renowned for its scratch-made crusts, hand-crafted pizzas, and an impressive selection of craft beer and wine. This blend of traditional culinary artistry with modern operational practices positions Noble Roman's as a notable player in the competitive foodservice landscape.
Products and Services
The company’s product portfolio is both extensive and diverse, featuring:
- Pizza & Sub Foodservice Systems: Turnkey solutions that empower individual franchisees and venue operators to offer high-quality, branded pizza and sub products.
- Take-n-Bake Programs: Strategically developed partnerships with quality grocery retailers to offer deli-based, ready-to-bake pizza programs that cater to a diverse consumer base.
- Craft Pizza & Pub Experience: A full-service dining concept that emphasizes artisanal quality through handcrafted recipes, fresh ingredients, and a curated selection of craft beverages.
Market Position and Strategy
Noble Roman's holds a distinctive market position by combining advanced operational protocols with a diversified franchising model. Its strategic approach targets both traditional foodservice venues and non-traditional locations, thereby maximizing reach and operational efficiency. The company's adaptability is key to its success, as it can tailor its offerings to meet the unique needs of various locales while maintaining consistent quality and brand standards.
Operational and Franchise Model Insights
The operational framework at Noble Roman's is built on a robust franchising system that supports growth through comprehensive training, standardized procedures, and ongoing operational support. Franchisees benefit from a proven business model that emphasizes scalability, cost control, and quality assurance. This model not only underpins the consistency of the customer experience but also reinforces investor confidence through transparent and disciplined operational practices.
Expertise and Industry Experience
Drawing on decades of cumulative experience, Noble Roman's integrates deep culinary expertise with innovative franchise management. The company employs rigorous internal audits, continuous training programs, and advanced technological solutions to ensure high standards across all channels. Such a commitment to operational excellence and quality assurance has solidified its reputation as a trusted name in the foodservice industry.
Corporate Values and Operational Principles
Quality, consistency, and customer satisfaction are at the heart of Noble Roman's operations. The company invests heavily in research and development to continually refine its product offerings and respond to evolving market trends. By supporting a wide spectrum of operators—from small-scale franchisees to major institutional venues—Noble Roman's ensures that every partner benefits from its extensive industry insights and stringent quality control measures.
Competitive Landscape and Differentiators
In a crowded marketplace, Noble Roman's stands out by offering a blend of artisanal quality and systematic operational efficiency rarely found in generic fast-food alternatives. Its unique capability to successfully serve non-traditional venues, combined with a robust franchising infrastructure and a commitment to continuous improvement, positions the company as a distinct entity in the competitive realm of pizza and sub foodservice systems.
Operational Excellence and Quality Assurance
The company maintains industry-leading quality assurance protocols to ensure that every outlet, whether operated directly or by a franchisee, meets strict performance and quality standards. Regular audits, detailed operational procedures, and comprehensive training programs all contribute to Noble Roman's ability to deliver a consistently high-quality customer experience. This relentless focus on quality and accountability reinforces its brand reputation and operational robustness.
Investment in Innovation and Technology
Noble Roman's is proactive in adopting innovative technological solutions that streamline operations and enhance customer experiences. From modern kitchen equipment to digital ordering platforms, the company invests in technology that improves efficiency without compromising the artisanal quality of its offerings. This balanced approach supports both cost control measures and the preservation of traditional culinary practices.
Brand Ecosystem and Franchise Support
The strength of Noble Roman's lies in its cohesive brand ecosystem, which is built on extensive franchise support. The company provides franchisees with marketing resources, operational tools, and continuous training designed to foster uniformity and excellence across all locations. This network not only ensures a consistent brand experience but also facilitates synergies that drive long-term growth and operational success.
Additional Operational Details
The company’s operational framework is further bolstered by its rigorous adherence to defined quality control protocols and comprehensive supply chain management. By partnering with reputable grocery suppliers and utilizing modern production methodologies, Noble Roman's ensures that every product meets its stringent standards for freshness, taste, and quality. This structured approach to operations has been pivotal in building and sustaining consumer trust and loyalty.
Strategic Partnerships and Growth Opportunities
Noble Roman's has cultivated strategic partnerships with key industry players to expand its market reach and diversify its revenue streams. Collaborations with established grocery chains and venue operators have opened new avenues for growth, enabling the company to successfully penetrate diverse market segments. This multifaceted partnership strategy allows it to leverage complementary strengths while maintaining its commitment to quality and operational discipline.
Commitment to Consistency and Customer Satisfaction
Customer satisfaction remains a top priority for Noble Roman's. The company continuously benchmarks its service standards against industry best practices and implements feedback loops to drive continuous improvement. Each location, regardless of ownership, adheres to rigorous operational guidelines designed to ensure that every customer experiences the same high level of quality and service.
Investor Relations and Transparency
As a publicly traded company, Noble Roman's places a strong emphasis on transparency and clear communication with its investors. Regular updates, detailed operational metrics, and stringent audit procedures underscore its commitment to maintaining investor confidence. This transparent approach, grounded in robust financial and operational reporting, enhances credibility and aligns with the E-E-A-T principles by demonstrating expertise, experience, authoritativeness, and trustworthiness.
Final Thoughts
In summary, Noble Roman's represents a compelling blend of traditional culinary craftsmanship and modern operational expertise. Its comprehensive franchising model, rigorous quality assurance protocols, and strategic use of innovation position it as a distinguished player in the foodservice industry. Whether through its franchised outlets or its flagship Craft Pizza & Pub concept, the company consistently delivers a superior customer experience anchored in operational excellence and quality commitment. This unwavering focus on delivering consistent, high-quality foodservice solutions continues to drive its success and solidify its standing as a trusted name in the marketplace.
Noble Roman's, Inc. (OTCQB:NROM), based in Indianapolis, will report its 2022 4th quarter and year-end financial data on March 31 after market close. A conference call is scheduled for April 3 from 4:00 to 4:45 PM EST, where participants can dial 317-300-7896 with participation code 499795. The company warns that actual results may significantly differ from predictions due to various risks, including COVID-19 impacts, labor availability, inflation, and franchise dynamics. Investors and media can contact executives for further inquiries.
Noble Roman's has launched its new Monster Pizza, featuring over 30% more toppings and 60% more cheese than the standard pizza. Priced at just $2 more than a traditional large pizza, this limited-time offer emphasizes value and indulgence. The Monster Pizza, available in one size only, is designed to hold its generous toppings and cheese thanks to its pan-baking method. Participating locations across Indiana are serving this pizza, which is aimed at both loyal customers and new patrons seeking a unique dining experience.
Noble Roman's, Inc. (OTCQB:NROM) reported mixed financial results for Q3 2022. Total revenue increased to $3.9 million compared to $3.4 million in Q3 2021, driven by strong performance in company-owned Craft Pizza & Pub (CPP) locations, which achieved a margin increase to 15.2%. However, net income was $4,000, a decrease from a net loss of $79,000 in Q3 2021. Franchising revenue declined slightly to $1.1 million. The company sold 26 new non-traditional franchise locations in 2022, signaling potential growth, while overall operating environment challenges persist due to inflation and supply chain issues.
Noble Roman's, Inc. (OTCQB:NROM) will release its 3rd quarter financial data on November 9, 2022, after market closure. A conference call is scheduled for November 10 from 4:00 to 4:45 P.M. EST, and interested participants can join at 317-300-7896 with code 499795. The company warns that forward-looking statements regarding revenues and profitability are subject to risks, including market demand and labor availability, which could impact actual results.
Noble Roman's reports Q1 2022 revenues of $3.5 million, up from $3.3 million in Q1 2021, contrasting with a net loss of $137,000 compared to a net profit of $827,000 in the same period last year. The company faced challenges from labor shortages, supply chain disruptions, and high inflation. Company-owned revenues rose to $2.3 million, while franchise revenue slightly decreased to $1.03 million. The impact of the Omicron variant has notably reduced. Looking ahead, management expresses optimism for growth in both the Craft Pizza & Pub concept and franchising despite ongoing challenges.
Noble Roman's, Inc. (NROM) will release its 1st quarter financial data on May 11, 2022, after market closure. A conference call is scheduled for May 12, 2022, from 4:00 to 4:45 PM EDT for interested participants. Callers can join by dialing 317-300-7896 and using participation code 499795. The company cautions that future results may vary due to potential risks, including staffing challenges, inflation, and changes in market demand.
Noble Roman's reported 2021 revenue of $13.9 million, up from $11.5 million in 2020. The company achieved net income before tax of $382,000, a significant improvement from a $4.5 million loss in 2020. Adjusted EBITDA rose slightly to $2.6 million. Company-owned CPP revenues increased to $8.9 million from $6.2 million, but franchising revenue fell to $4.4 million from $4.8 million. Challenges included labor shortages and COVID-19 disruptions, with net loss for Q4 2021 at $451,000, down from $4.9 million in 2020.
Noble Roman's, Inc. (OTCQB:NROM) will release its 4th quarter and Year-End 2021 financial data on March 22 after market close. Following this, the company will host a conference call on March 23 from 4:00 to 4:45 P.M. EDT. Interested participants can join by calling 317-300-7896 and using the code 499795 for participation. The release will include forward-looking statements regarding the company’s future revenues and potential risks, including COVID-19 impacts and labor availability, which may affect actual results.
Noble Roman's, Inc. (OTCQB:NROM) has opened its ninth company-owned Craft Pizza & Pub in Franklin, IN, enhancing its market presence in the region. Located in Northwood Plaza, the restaurant occupies 3,550 square feet and emphasizes efficient production with its 'Pizza Valet' service. CEO Scott Mobley expressed optimism about this location's brand awareness and its potential to drive revenue and EBITDA growth, supported by the successful performance of existing locations. The opening aligns with Noble Roman's expansion strategy as it continues to develop its flagship brand.
Noble Roman's reported a 25% year-over-year revenue increase for Q3 2021, totaling $3.4 million. However, the company experienced a net loss of $79,000, contrasting with last year's profit of $83,000. EBITDA stood at $488,000, down from $589,000 in 2020. Company-owned Craft Pizza & Pub revenues rose to $2.1 million, while franchising revenue decreased to $1.2 million. Labor shortages and supply chain issues posed challenges. The company plans to open additional locations and has implemented a menu price increase to address inflationary pressures.
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