Noble Romans - NROM STOCK NEWS

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.