News & Events zu Noodles & Co (NDLS)NDLSNoodles & Co

Noodles & Company Files $100M Mixed Securities Shelf

Noodles & Company files $100M mixed securities shelf

Noodles & Company Reports Q2 Revenue of $127.04M

Reports Q2 revenue $127.04M vs. $126.43M last year. Comparable restaurant sales increased 10.3% system-wide. Joe Christina, president and CEO of Noodles & Company, remarked, "We are extremely pleased with our second quarter results with system-wide comparable restaurant sales increasing over 10%, an equally impressive 440 basis point year over year improvement in restaurant margin to 17.2%, and a near 80% increase in Adjusted EBITDA, which has more than doubled year to date compared to the same period last year. Significantly increased comparable restaurant sales, and the commensurate improvement in margins and Adjusted EBITDA, have also strengthened our financial flexibility as we've been able to generate positive free cash flow and reduce our debt balance. Given our results to date and our outlook for the second half of the year, we have raised our fiscal 2026 guidance for revenue, margins and Adjusted EBITDA. When combined with our expectation to further pay down debt with free cash flow, we now expect our year end debt balance to be at or below three times 2026 Adjusted EBITDA."

Noodles & Company Raises FY26 Comparable Restaurant Sales View to 8%-11%

Raises FY26 comparable restaurant sales view to 8%-11% from 7%-10%. Raises FY26 adjusted EBITDA view to $34M-$38M from $32.5M-$37.5M. Cuts FY26 capital expenditures view to $9M-$10M from $9.5M-$10.5M. Christina continued, "Our second quarter sales continued a trend of seven consecutive fiscal quarters of positive comparable restaurant sales growth as well as strong traffic growth, which have both far exceeded the fast casual Black Box index for the last twelve months. The strong sales performance has continued into the third quarter with quarter to date company-owned comparable restaurant sales up approximately 10%. These results reinforce that the momentum at Noodles & Company is sustainable and our strategies are working well. The combination of better execution by our team members, improved menu offerings, more effective marketing, and the success of our portfolio optimization program are all working together to deliver impressive financial results. I'm incredibly proud of our teams and grateful for everything they've done to get us to this point. Given our plans for further menu innovation and continuing our focus on additional improvement in all areas, we are very excited for what lies ahead for Noodles & Company."