Noodles & Company (NDLS) Misses Q4 EPS by 2c, Revenues Miss, Comp. Sales Up 4%; Offers FY19 Revenue Mid-Point Guidance Above Consensus

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Noodles & Company Announces Fourth Quarter and Fiscal Year 2018 Financial Results

March 14, 2019 4:05 PM EDT

BROOMFIELD, Colo.--(BUSINESS WIRE)-- Noodles & Company (Nasdaq: NDLS) today announced financial results for the fourth quarter and fiscal year ended January1, 2019.

Key highlights for fiscal year 2018 compared to fiscal year 2017 include:

Total revenue increased 0.3% to $457.8 million from $456.5 million. Comparable restaurant sales increased 3.7% system-wide, increased 3.4% for company-owned restaurants and increased 5.5% for franchise restaurants. Net loss was $8.4 million, or $0.20 loss per diluted share, compared to net loss of $37.5 million and net loss attributable to common stockholders (after giving effect to the accretion of... More