Edition:
United Kingdom

Noodles & Co (NDLS.OQ)

NDLS.OQ on NASDAQ Stock Exchange Global Select Market

7.45USD
25 Apr 2018
Change (% chg)

$0.10 (+1.36%)
Prev Close
$7.35
Open
$7.40
Day's High
$7.45
Day's Low
$7.25
Volume
29,266
Avg. Vol
20,662
52-wk High
$8.20
52-wk Low
$3.35

Latest Key Developments (Source: Significant Developments)

Noodles & Co posts Q3 adjusted earnings per share $0.02
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Noodles & Co :Noodles & company announces third quarter 2017 financial results.Q3 adjusted earnings per share $0.02.Q3 loss per share $0.20.Q3 revenue $114.2 million versus I/B/E/S view $114.5 million.Sees FY 2017 revenue $452 million to $458 million.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Noodles & Co - sees ‍full year 2017 company-owned comparable restaurant sales decline of 3.0 pct to 3.5 pct​.Noodles & Co - sees ‍full year 2017 capital expenditures of $20.0 million to $22.0 million​.FY2017 revenue view $457.2 million -- Thomson Reuters I/B/E/S.Noodles & Co - qtrly ‍comparable restaurant sales decreased 3.5 pct system-wide, decreased 3.8 pct for co-owned restaurants.  Full Article

Riley Timothy​ reports 7.68 pct passive stake in Noodles & Co
Friday, 6 Oct 2017 

Oct 6 (Reuters) - Noodles & Co :‍Riley Timothy​ reports a 7.68 percent passive stake in Noodles & Co as of October 3 - SEC filing.  Full Article

Noodles & Company Q2 adjusted earnings per share $0.01
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - Noodles & Co :Noodles & Company announces second quarter 2017 financial results.Q2 adjusted earnings per share $0.01.Q2 revenue $112.8 million versus I/B/E/S view $114 million.Q2 loss per share $0.22.Sees FY 2017 revenue $458 million to $468 million.Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Sees FY company-owned comparable restaurant sales decline of low-single-digits.Noodles & Co qtrly comparable restaurant sales decreased 3.4% system-wide, decreased 3.9% for company-owned restaurants.Noodles & Co qtrly comparable restaurant sales decreased 0.4% for franchise restaurants.Noodles & Co sees flat adjusted net income for full year 2017.Noodles & Co sees 2017 capital expenditures of $19.0 million to $23.0 million.Noodles & Co sees 2017 restaurant level contribution margin of 13.5% to 14.5%.FY2017 earnings per share view $-0.00, revenue view $460.3 million -- Thomson Reuters I/B/E/S.  Full Article

Noodles & Company announces senior management and board of directors changes
Wednesday, 14 Jun 2017 

June 14 (Reuters) - Noodles & Co : :Noodles & Company announces senior management and board of directors changes.Says Sue Daggett appointed interim CFO.Says Paul Murphy appointed chairman of the board.Says chairman of the board robert hartnett resigned.Says Dave Boennighausen promoted to chief executive officer.Noodles & Co - initiated a search among both internal and external candidates to identity individual to serve as company's permanent CFO.Noodles & Co - Murphy currently serves as chief executive officer of Del Taco Restaurants Inc having held position since February of 2009.Noodles & Co - Robert Hartnett will remain a director of company.  Full Article

Noodles & Company reports Q1 adjusted loss per share $0.08
Tuesday, 9 May 2017 

May 9 (Reuters) - Noodles & Co :Noodles & Company announces first quarter 2017 financial results.Q1 adjusted loss per share $0.08.Q1 revenue $116.7 million versus I/B/E/S view $115.3 million.Qtrly comparable restaurant sales decreased 2.0% system-wide.Sees FY 2017 total revenue of $458.0 million to $468.0 million;.Sees FY 2017 company-owned comparable restaurant sale decline of low-single-digits.Q1 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S.Fy2017 revenue view $467.1 million -- Thomson Reuters I/B/E/S.  Full Article

Noodles & Co files for sale of up to 30.1 mln shares of Class A common stock by selling stockholders - SEC filing
Monday, 8 May 2017 

May 8 (Reuters) - Noodles & Co : :Noodles & Co files for sale of up to 30.1 million shares of Class A common stock by selling stockholders - SEC filing.  Full Article

Mill Road Capital II, L.P. report a 25.2 pct stake in Noodles & Co as of March 13 - SEC Filing
Thursday, 23 Mar 2017 

Noodles & Co : Mill Road Capital II, L.P. report a 25.2 percent stake in Noodles & Co as of March 13, 2017 - SEC Filing .Mill Road Capital II LP-Acquired shares of common stock of Noodles & Co based on belief that common stock represents attractive investment opportunity.  Full Article

Noodles & Company announces private placement financing
Tuesday, 14 Mar 2017 

Noodles & Co : Noodles & Company announces private placement financing . Announced a $31.5 million private placement of class A common stock to MILL ROAD CAPITAL II . No longer intends to pursue a public offering of its class A common stock . Under private placement, Co agreed to issue to Mill Road 8.9 million shares of class A common stock at a price per share of $3.55 . Proceeds of private placement will be used to satisfy liabilities associated with Co's plan to close underperforming restaurants .Proceeds will be used to satisfy liabilities arising from data breach that occurred in 2016, to fund capex related to Co-owned restaurants.  Full Article

Noodles & Co Q4 adjusted loss per share $0.04
Wednesday, 1 Mar 2017 

Noodles & Co : Qtrly comparable restaurant sales decreased 1.3% system-wide, decreased 1.8% for company-owned restaurants . Incurred $2.2 million of pre-tax ongoing costs related to restaurants closed in q4 of 2015 during 2016 . Sees flat to slightly negative comparable restaurant sales in 2017 . Sees adjusted net income of $1.0 million to $2.0 million for 2017 . Q4 adjusted loss per share $0.04 . Q4 revenue $129.4 million versus I/B/E/S view $130.2 million . Q4 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S . Sees FY 2017 revenue $465 million to $475 million .Fy2017 earnings per share view $-0.11, revenue view $490.0 million -- Thomson Reuters I/B/E/S.  Full Article

Noodles & Company announces private placement financing, strategic initiatives to improve operating performance and provides preliminary fourth quarter update
Thursday, 9 Feb 2017 

Noodles & Co : Noodles & Company announces private placement financing, strategic initiatives to improve operating performance and provides preliminary fourth quarter update . Says announces plan to close approximately 55 underperforming restaurants . Noodles & Co says private placement raises $18.5 million . Sees Q4 total revenue between $129.0 million and $130.0 million. . Noodles & Co says anticipates taking non-cash impairment charge during fiscal quarter ended January 3, 2017 that will range from $30.5 million to $31.5 million . Sees Q4 system-wide decrease in comparable restaurant sales of 1.3% . Noodles & Co says sees Q4 restaurant contribution margin between 11.5% and 12.0% .Also anticipates recording a charge during fiscal quarter ended January 3, 2017 of approximately $11.0 million.  Full Article

BRIEF-Noodles & Company Q4 Loss Per Share $0.01

* NOODLES & CO ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS