earnings
confidence high
sentiment positive
materiality 0.80
Noodles & Company Q2 revenue $125.6M (+57%), net income $5.7M, record AUV $1.35M
NOODLES & Co
2021-Q2 EPS reported
$0.08
revenue$235,226,000
- Total revenue up 57% to $125.6M; comparable restaurant sales +56.8% system-wide.
- Net income of $5.7M ($0.12 diluted EPS) vs net loss of $13.5M ($0.30 loss) in Q2 2020.
- Record company average unit volumes of $1.35M, up 51.5% YoY and 12.3% vs Q2 2019.
- Restaurant contribution margin of 18.9%, highest since Q4 2014, up 1,220 basis points.
- Digital sales grew 15% to 56% of total sales; net debt decreased to $19.9M from $34.2M (Q4 2020).