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Stock impact report

Noodles & Company (NDLS), DND Group Partner to Expand in Oregon [Yahoo! Finance]

Noodles & Company (NDLS) 
Last noodles & company earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: noodles.com
Company Research Source: Yahoo! Finance
This agreement encompasses the immediate acquisition of six restaurant locations and the opening of a total of 10 new restaurants in the Portland, OR area. The franchise agreement for the six restaurant locations is an exclusive development agreement in a few of the most populous cities in Oregon, comprising Portland, Eugene, Bend and Yakima-Kennewick-Pasco. The first location is slated to open in 2025. Leveraging the remarkable history of exceptional operations of the DND Group, NDLS is well-positioned to expand its presence throughout the United States. Shares of NDLS lost 7.8% during the trading hours but grew 3.2% in the after-hours trading session on Apr 17. Expansion Initiatives Bode Well Noodles & Company's primary growth strategy focuses on expansion through new restaurant openings. The company continues to expand its presence across the United States through franchise agreements, specially in southern and southeastern markets. The primary goal of NDLS in 2024 is to Show less Read more
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