secwatch.observer — SEC 8-K summary
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Issuer:     NOODLES & Co (NDLS)
CIK:        0001275158
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001275158-21-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noodles & Company Q2 revenue $125.6M (+57%), net income $5.7M, record AUV $1.35M
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275158/000127515821000103/0001275158-21-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275158/000127515821000103/ndls-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001275158-21-000103

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