---
schema_version: "secwatch.filing_event.v1"
accession: "0001275158-21-000115"
form_type: "8-K"
ticker: "NDLS"
cik: "0001275158"
company_name: "NOODLES & Co"
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:19:52.059968+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Noodles & Company Q3 2021: Revenue up 18.1% to $125.1M; net income $4.7M

## Summary
- System-wide comparable restaurant sales increased 16.3% YoY; company-owned +15.3%, franchise +21.0%.
- Record company average unit volumes of $1.38M, up 16.0% vs Q3 2020 and 15.9% vs Q3 2019.
- Net income of $4.7M ($0.10 diluted EPS) vs net loss of $0.1M ($0.00) a year ago.
- Adjusted EBITDA rose to $13.2M from $7.7M; adjusted net income $0.12 diluted EPS.
- Restaurant contribution margin improved to 18.1% from 15.4%; net debt reduced to $19.1M.

## SEC filing metadata
- accession: 0001275158-21-000115
- form_type: 8-K
- ticker: NDLS
- cik: 0001275158
- company_name: NOODLES & Co
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275158/000127515821000115/0001275158-21-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275158/000127515821000115/ndls-20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275158-21-000115
- JSON: https://secwatch.observer/filing/0001275158-21-000115.json
- Plain text: https://secwatch.observer/filing/0001275158-21-000115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.