Últimas noticias sobre Noodles (NASDAQ:NDLS) Bolsa

Noodles

Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services.

Noodles & Co

WIIM

NDLS

Noodles & Company shares are trading lower after the company reported worse-than-expected Q3 financial results and cut its FY24 sales guidance.

Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) lowers FY2024 sales outlook from $495.00 million-505.00 million to $487.00 million-495.00 million.

News

Guidance

Noodles Lowers FY2024 Sales Guidance from $495.00M-505.00M to $487.00M-495.00M  VS Est.499M

Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.06) by 100 percent. The company reported quarterly sales of $122.751 million which missed the analyst consensus estimate of $125.853 million by 2.47 percent. This is a 3.99 percent decrease over sales of $127.854 million the same period last year.

Earnings

Earnings Misses

Noodles Q3 2024 Adj. EPS $(0.12) Misses $(0.06) Estimate, Sales $122.751M Miss $125.853M Estimate

Business Outlook
Based upon management's current assessment following second quarter results, the Company is revising guidance related to its 2024 performance. The following is expected for the full year 2024:
<ul>
<li>Total revenue of $495 million to $505 million, including -2% to flat comparable restaurant sales growth;</li>
<li>Restaurant level contribution margins of 13.5% to 14.5%;</li>
<li>General and administrative expenses of $50 million to $53 million, inclusive of stock-based compensation expense of approximately $4.5 million;</li>
<li>Depreciation and amortization of $30 million to $32 million;</li>
<li>Net interest expense of $8 million to $9 million;</li>
<li>New restaurant openings: approximately 10 company-owned and 3 franchise-owned; and</li>
<li>Capital expenditures of $28 million to $32 million.</li>
</ul>

Noodles & Company Sees FY24 Revenue $495M-$505M, Including -2% To Flat Comparable Restaurant Sales Growth Vs $513.77M Est.

Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) reported quarterly losses of $(0.05) per share which met the analyst consensus estimate. The company reported quarterly sales of $127.352 million which missed the analyst consensus estimate of $130.697 million by 2.56 percent. This is a 1.76 percent increase over sales of $125.154 million the same period last year.

Noodles Q2 2024 Adj. EPS $(0.05), Inline, Sales $127.352M Miss $130.697M Estimate

Truist Securities analyst Jake Bartlett maintains Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) with a Buy and maintains $4 price target.

Price Target

Analyst Ratings

Truist Securities Maintains Buy on Noodles, Maintains $4 Price Target

Benchmark analyst Todd Brooks reiterates Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) with a Buy and maintains $3 price target.

Reiteration

Benchmark Reiterates Buy on Noodles, Maintains $3 Price Target

<h3>Gainers</h3>
<ul>
<li>Visionary Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) shares moved upwards by 35.3% to $0.4 during Thursday's regular session. The company's market cap stands at $20.4 million. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) stock increased by 29.2% to $14.6. The market value of their outstanding shares is at $293.5 million. </li>
<li>PlayAGS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGS#NYSE">AGS</a>) stock moved upwards by 28.01% to $11.47. The company's market cap stands at $461.1 million. As per the press release, Q1 earnings came out today. </li>
<li>Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) shares moved upwards by 21.96% to $2.11. The market value of their outstanding shares is at $95.6 million. The company's, Q1 earnings came out yesterday. </li>
<li>ATRenew (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RERE#NYSE">RERE</a>) shares increased by 21.42% to $2.98. The company's market cap stands at $659.5 million. </li>
<li>Arhaus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NASDAQ">ARHS</a>) shares moved upwards by 17.7% to $15.56. The company's market cap stands at $2.1 billion. The company's, Q1 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Delta Apparel (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/DLA#AMEX">DLA</a>) shares decreased by 29.2% to $1.99 during Thursday's regular session. The company's market cap stands at $14.0 million. As per the press release, Q2 earnings came out yesterday. </li>
<li>Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) stock decreased by 18.03% to $200.55. The company's market cap stands at $8.6 billion. The company's, Q1 earnings came out yesterday. </li>
<li>Accel Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACEL#NYSE">ACEL</a>) stock fell 14.65% to $9.91. The market value of their outstanding shares is at $830.2 million. The company's, Q1 earnings came out yesterday. </li>
<li>NWTN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) shares decreased by 14.09% to $3.05. The company's market cap stands at $872.8 million. </li>
<li>Marine Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPX#NYSE">MPX</a>) shares decreased by 13.53% to $10.46. The market value of their outstanding shares is at $362.6 million. </li>
<li>Lanvin Group Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LANV#NYSE">LANV</a>) stock decreased by 12.99% to $1.4. The company's market cap stands at $164.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Noodles & Company shares are trading higher after the company reported better-than-expected Q1 adjusted EPS results.

Noodles & Company Reiterates 2024 Total Revenue Guidance $510M-$525M vs $518.08M Est.

Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) reported quarterly losses of $(0.13) per share which beat the analyst consensus estimate of $(0.17) by 23.53 percent. This is a 160 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $121.395 million which missed the analyst consensus estimate of $121.410 million by 0.01 percent. This is a 3.71 percent decrease over sales of $126.077 million the same period last year.

Earnings Beats

Noodles Q1 2024 Adj EPS $(0.13) Beats $(0.17) Estimate, Sales $121.395M Miss $121.410M Estimate

Benchmark analyst Todd Brooks maintains Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) with a Buy and lowers the price target from $4 to $3.

Benchmark Maintains Buy on Noodles, Lowers Price Target to $3

<h3>Gainers</h3>
<ul>
<li>Cato (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CATO#NYSE">CATO</a>) shares rose 8.6% to $5.79 during Monday's after-market session. The market value of their outstanding shares is at $119.1 million. As per the press release, Q4 earnings came out 2 days ago. </li>
<li>SunCar Tech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDA#NASDAQ">SDA</a>) stock increased by 8.08% to $7.22. The market value of their outstanding shares is at $636.1 million. </li>
<li>Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) stock rose 4.86% to $1.94. The market value of their outstanding shares is at $87.2 million. </li>
<li>GreenTree Hospitality Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHG#NYSE">GHG</a>) shares moved upwards by 4.61% to $3.4. The company's market cap stands at $347.4 million. As per the press release, FY earnings came out today. </li>
<li>Visionary Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) shares rose 4.52% to $0.18. The market value of their outstanding shares is at $9.1 million. </li>
<li>Purple Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRPL#NASDAQ">PRPL</a>) shares increased by 4.16% to $1.5. The market value of their outstanding shares is at $160.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Linkage Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) stock decreased by 7.7% to $3.0 during Monday's after-market session. The company's market cap stands at $64.5 million. </li>
<li>Cazoo Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CZOO#NYSE">CZOO</a>) shares decreased by 7.22% to $3.6. The market value of their outstanding shares is at $17.6 million. </li>
<li>Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) stock decreased by 5.81% to $0.61. The market value of their outstanding shares is at $32.4 million. </li>
<li>Smart Share Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EM#NASDAQ">EM</a>) shares decreased by 5.31% to $0.62. The company's market cap stands at $162.3 million. </li>
<li>Interactive Strength (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) shares declined by 4.98% to $0.31. The market value of their outstanding shares is at $4.4 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) stock decreased by 3.28% to $0.24. The market value of their outstanding shares is at $5.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Benchmark analyst Todd Brooks maintains Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) with a Buy and lowers the price target from $5 to $4.

Benchmark Maintains Buy on Noodles, Lowers Price Target to $4

Truist Securities analyst Jake Bartlett maintains Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) with a Buy and lowers the price target from $5 to $4.

Truist Securities Maintains Buy on Noodles, Lowers Price Target to $4

Noodles & Company Expects FY24 Total Revenue Of $510M-$525M (Est $531.664M), Including Flat To +3% Comparable Restaurant Sales Growth

Noodles &amp; Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) today announced that the Board has appointed Drew Madsen to serve as permanent Chief Executive Officer effective March 6, 2024. Mr. Madsen will continue to be a member of the Board of Directors.
&quot;On behalf of the entire board, we are thrilled Drew will be leading Noodles as CEO. As interim CEO, Drew quickly assessed our most important opportunities and has aligned the organization around five strategic priorities that are focused on driving traffic growth. As permanent CEO, he provides the business continuity necessary to execute on these priorities through 2024 and beyond,&quot; said Jeff Jones, Noodles &amp; Company Board Chairman. &quot;Drew is already driving a culture of rigor, accountability, and operational excellence. Because of this leadership style, coupled with his extensive restaurant industry experience and operational expertise, the Board is confident in Drew&#39;s ability to drive sustainable growth and create long-term shareholder value.&quot;
Mr. Madsen brings a wealth of experience in the restaurant industry to the role of CEO. In his recent operating roles, Mr. Madsen was President and Chief Operating Officer at some of the most successful and well-respected businesses in the restaurant industry. Most recently, Mr. Madsen was President of Panera Bread leading the company to industry leadership in clean food, digital sales, and home delivery, combined with significantly improved operations execution and aggressive cost reduction. Mr. Madsen&#39;s professional experience prior to Panera includes fifteen years at Darden where Mr. Madsen served as President and Chief Operating Officer for nearly ten years.
&quot;I believe Noodles is a differentiated brand with a strong value proposition, and I am excited to lead the team as we deliver exceptional experiences for all current and future Noodles customers,&quot; said Mr. Madsen. &quot;In 2024, we are focused on driving traffic growth, and we will do so by creating a culture of operational excellence, ensuring brand relevance through new and enhanced menu offerings, better utilizing our digital strengths, developing a long-term strategy for growing our catering business, and fortifying our financial position. With this focus, I believe that Noodles is well positioned to win. I look forward to working with the management team and our 7,000+ passionate team members to realize the brand&#39;s full potential.&quot;
About Drew Madsen
Drew Madsen, 67, has been interim CEO since November 2023 and a member of our Board of Directors since September 2017. From May 2015 to December 2016, Mr. Madsen served as President of Panera Bread Company, a national operator and franchisor of fast casual bakery caf&eacute;s, where he helped guide the brand to industry leadership positions in clean food, digital ordering/payment and delivery. From October 2014 to March 2015 Mr. Madsen was President and Chief Operating Officer of the Norwegian Cruise Line division of Norwegian Cruise Line Holdings Ltd. From 2005 to 2013 he was President and Chief Operating Officer, and a member of the board of directors, of Darden Restaurants, Inc. Mr. Madsen began his career at General Mills with various positions in brand management including serving as Vice President of Marketing. He holds an MBA with Distinction from the University of Michigan and earned a bachelor&#39;s degree, magna cum laude, from DePauw University, where he was a member of the Phi Beta Kappa Society. Mr. Madsen is currently a member of The Mayflower Continuing Community Care board of directors.

Management

Noodles & Company Announces Appointment Of Drew Madsen As CEO

<h3>Gainers</h3>
<ul>
<li>Funko (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) shares moved upwards by 14.6% to $7.38 during Thursday's after-market session. The market value of their outstanding shares is at $388.7 million. As per the press release, Q4 earnings came out today. </li>
<li>Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPS#NYSE">GPS</a>) stock moved upwards by 9.41% to $21.15. The company's market cap stands at $7.8 billion. The company's, Q4 earnings came out today. </li>
<li>EpicQuest Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEIQ#NASDAQ">EEIQ</a>) shares rose 8.42% to $1.03. The market value of their outstanding shares is at $13.0 million. </li>
<li>Hall Of Fame Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOFV#NASDAQ">HOFV</a>) stock moved upwards by 6.84% to $3.9. The company's market cap stands at $25.0 million. </li>
<li>Kaival Brands Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) shares increased by 6.69% to $2.39. The market value of their outstanding shares is at $6.8 million. </li>
<li>QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) stock moved upwards by 6.42% to $2.98. The company's market cap stands at $168.3 million. As per the press release, Q2 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Savers Value Village (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVV#NYSE">SVV</a>) stock declined by 5.0% to $19.95 during Thursday's after-market session. The company's market cap stands at $3.2 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) shares decreased by 4.97% to $12.83. The company's market cap stands at $376.6 million. As per the press release, Q4 earnings came out today. </li>
<li>Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) shares fell 4.9% to $2.33. The company's market cap stands at $104.6 million. As per the press release, Q4 earnings came out today. </li>
<li>Lanvin Group Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LANV#NYSE">LANV</a>) stock decreased by 4.09% to $2.35. The market value of their outstanding shares is at $308.7 million. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) stock decreased by 3.63% to $0.9. The company's market cap stands at $14.0 million. </li>
<li>Fossil Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOSL#NASDAQ">FOSL</a>) stock fell 3.52% to $0.9. The market value of their outstanding shares is at $47.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) reported its Q4 earnings results on Thursday, March 7, 2024 at 04:06 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Noodles missed estimated earnings by -600.0%, reporting an EPS of $-0.07 versus an estimate of $-0.01.
Revenue was down $12.15 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.05 which was followed by a 13.0% increase in the share price the next day.
Here's a look at Noodles's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.01</td>
<td>0.05</td>
<td>-0.08</td>
<td>0.02</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.04</td>
<td>-0.02</td>
<td>-0.05</td>
<td>0.03</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>126.13M</td>
<td>136.40M</td>
<td>126.41M</td>
<td>135.98M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>127.85M</td>
<td>125.15M</td>
<td>126.08M</td>
<td>136.47M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Noodles <a href="https://www.benzinga.com/quote/NDLS/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Noodles Q4 Earnings

Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) reported quarterly losses of $(0.070) per share which missed the analyst consensus estimate of $(0.010) by 600 percent. The company reported quarterly sales of $124.320 million which missed the analyst consensus estimate of $125.335 million by 0.81 percent. This is a 8.90 percent decrease over sales of $136.470 million the same period last year.

Noodles Q4 2023 Adj EPS $(0.070) Misses $(0.010) Estimate, Sales $124.320M Miss $125.335M Estimate

Noodles & Company (NDLS) Q2 2024 Earnings Call Transcript

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Noodles & Co (NDLS – Research Report), TripAdvisor (TRIP –...

Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Noodles & Co (NDLS), TripAdvisor (TRIP) and Costco (COST)

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Noodles & Co ( ($NDLS) ) just unveiled an update. Brad West, the COO of Noodles & Company, is set to retire on June 30, 2025. Until his successor is

Noodles & Co COO Retirement and Transition Plan Announced

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Here are the major earnings after the close today

Consensus $499M. Sees FY24 comparable sales down 1.5%-3%. Sees FY24 restaurant level contribution margins 12.7%-13.3%. The company said, "Based upo...

Noodles & Company cuts FY24 revenue view to $487M-$495M from $495M-$505M

Noodles & Company Non-GAAP EPS of -$0.12 misses by $0.06, revenue of $122.8M misses by $3.05M

Noodles & Company (NDLS) Q3 2024 Earnings Call Transcript

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Press Releases

Noodles & Company to Announce Second Quarter 2024 Results on August 7, 2024

Noodles & Company Announces Second Quarter 2024 Financial Results

Restaurants

General

Noodles Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Entertainment

Noodles & Company Partners with Care Bears™ to Celebrate Sharing and Caring with New Care Bears Share Menu

Noodles & Company Announces that Kids Eat Free Every Day that Ends in "Y"

Celebrate National Noodle Day with $5 Entrees at Noodles & Company All Weekend Long

Noodles & Company Unveils Bold New Flavors, Marking 'The Start of Something Great'

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