Noodles & Company is a fast-casual restaurant chain that offers a diverse menu centered around noodles, pasta dishes, and globally inspired cuisine
With a focus on high-quality ingredients and fresh preparations, the company serves a variety of meals ranging from classic spaghetti and meatballs to Asian-inspired stir-fried noodles, catering to a broad audience that includes both vegetarians and those seeking gluten-free options. In addition to its signature dishes, Noodles & Company emphasizes a casual dining experience with a fast, efficient service model, aiming to deliver flavorful meals in a welcoming atmosphere.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the modern fast food industry, including Shake Shack (NYSESHAK) and its peers.
Casual restaurant chain Noodles & Company (NASDAQNDLS) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 2% year on year to $121.8 million. On the other hand, the company’s full-year revenue guidance of $507.5 million at the midpoint came in 2.6% above analysts’ estimates. Its non-GAAP loss of $0.15 per share was 21.6% below analysts’ consensus estimates.
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Shares of casual restaurant chain Noodles & Company (NASDAQNDLS)
fell 16.1% in the morning session after the company reported weak third-quarter earnings. Its revenue, EBITDA, and EPS missed expectations, and it lowered the full-year revenue guidance. Same store sales fell 3.3% year on year as a 5.8% decline in company-owned restaurant traffic more than offset price increases.
Casual restaurant chain Noodles & Company (NASDAQNDLS) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 4% year on year to $122.8 million. The company’s full-year revenue guidance of $491 million at the midpoint came in 1.6% below analysts’ estimates. Its non-GAAP loss of $0.12 per share was also 112% below analysts’ consensus estimates.
