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) will announce its 3rd quarter 2021 financial results on Thursday, November 11th. The company will host a conference call on the same day from 4:30 to 5:15 PM EDT, inviting participants to call 317-300-7896 with the participation code 499795. The announcement includes forward-looking statements about the company's financial outlook, emphasizing potential risks like the impacts of COVID-19, labor availability, and economic conditions. Stakeholders are encouraged to review these factors as the actual results may differ significantly from projections.
Noble Roman's, Inc. (OTCQB:NROM) has opened its eighth company-owned Craft Pizza & Pub restaurant in Indianapolis, located on the busy 86th Street corridor. The new venue, featuring 3,260 sq. ft. and an outdoor dining area, enhances the speed of production and improves the curbside carryout service. The company is already constructing another restaurant in Franklin, Indiana, demonstrating ongoing expansion plans. President and CEO Scott Mobley expressed optimism about revenue growth and job creation in the area.
Noble Roman's reported a 38% year-over-year revenue increase for Q2 2021, reaching $3.6 million. Despite this growth, net income fell to $85,000 from $441,000 in Q2 2020, affected by the absence of Paycheck Protection Program benefits. EBITDA also dropped to $600,000 from $1.1 million year-over-year. The company plans to expand its Craft Pizza & Pub locations, with new openings in Indianapolis and Franklin, Indiana. The overall financial performance reflects increased sales but challenges due to the ongoing effects of the COVID-19 pandemic.
Noble Roman's, Inc. (OTCQB:NROM) will announce its 2nd quarter 2021 financial results on August 11th after market close. A conference call is scheduled for August 12th from 4:00 to 4:45 P.M. EDT, where participants can dial 317-300-7896 and use participation code 499795. The company’s future performance is uncertain, influenced by various risks including the COVID-19 pandemic and labor availability. Investors and stakeholders are encouraged to stay informed about these developments.
Noble Roman's, Inc. (OTCQB:NROM) has announced a lease agreement for its ninth Craft Pizza & Pub in Franklin, Indiana, set to open in Q4 2021. The location will span approximately 3,600 square feet and aims to enhance speed and efficiency in service. The community boasts strong brand awareness for Noble Roman's, supported by a solid local demographic and retail presence. This addition follows the development of an eighth location in Indianapolis, continuing the company's expansion strategy.
Noble Roman's, Inc. (OTCQB:NROM), the Indianapolis-based pizza franchisor, announced an agreement with Mike Cole of Arma Advisory Services for improved market exposure. Cole, with over 25 years in the micro-cap sector, aims to attract retail and institutional investors to the company's Craft Pizza and Pub concept, which has shown strong financial performance. He highlighted Noble Roman's potential for growth and plans to enhance awareness in the investment community about their expanding foodservice segment.
Noble Roman's, Inc. (OTCQB:NROM) announced the lease of its eighth company-operated Craft Pizza & Pub restaurant in north-central Indianapolis, set to open in Q3 2021. This location will be the first within the I-465 beltway and aims to serve multiple neighborhoods along the busy 86th Street corridor. The restaurant will feature a smaller footprint with outdoor seating and enhanced service efficiency, including a Pizza Valet system. Since launching its first Craft Pizza & Pub in 2017, the company plans additional locations later this year.
Noble Roman's reported Q1 2021 revenues of $3.3 million, rising from $2.7 million in Q1 2020, with an operating profit before interest and taxes of $1.2 million versus $589,000 in the previous year. The company benefited from strong sales in its Craft Pizza & Pub segment, aided by new locations despite a decline in franchising revenue due to COVID-19. It secured $940,734 from a second PPP loan, which is expected to be forgiven. However, ongoing pandemic impacts continue to challenge franchise operations and staffing.
Noble Roman's, Inc. (OTCQB:NROM), a franchise and license operator of Noble Roman's Pizza, will unveil its 1st quarter 2021 financial results on May 12 after market close. A conference call is scheduled for May 13 from 4:00 to 4:45 P.M. EDT, accessible via phone at 317-300-7896 with participation code 499795. The company warns that actual future results may vary due to factors like the COVID-19 pandemic, labor availability, and inflationary pressures, among others, as detailed in the accompanying forward-looking statements.
Noble Roman's, Inc. (OTCQB:NROM) announced the release of its 4th quarter and annual 2020 financial results on March 22, following market close. A conference call will take place on March 23 from 4:00 to 4:45 P.M. EDT, with participation details provided for interested callers. The press release includes forward-looking statements about the company's future, emphasizing risks such as the ongoing COVID-19 pandemic, competition, and market demand.
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