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Stock impact report

Noodles & Co (NDLS) Reports Decline in Q4 Revenue and Net Loss for Fiscal Year 2023 [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
Net Loss : Reported at $6.1 million in Q4, widening to $9.9 million for the fiscal year. Operating Margin : Dropped to (3.7)% in Q4 and (1.0)% for the fiscal year. Restaurant Openings and Closures : 18 new company-owned restaurants opened, 6 closed; 3 franchise restaurants closed in 2023. Liquidity Update : $3.0 million in cash and cash equivalents, with $82.2 million in outstanding debt as of January 2, 2024. Business Outlook : 2024 revenue projected between $510 million to $525 million, with flat to +3% comparable restaurant sales growth. Warning! GuruFocus has detected 7 Warning Signs with NDLS. On March 7, 2024, Noodles & Co ( NASDAQ:NDLS ) released its 8-K filing , detailing the financial results for the fourth quarter and full fiscal year ended January 2, 2024. The company, known for its fast-casual dining experience offering a variety of noodles, pasta, soups, and salads, faced a challenging quarter with a significant decrease in revenue and a net loss. Financial Show less Read more
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