---
schema_version: "secwatch.filing_event.v1"
accession: "0001275158-22-000043"
form_type: "8-K"
ticker: "NDLS"
cik: "0001275158"
company_name: "NOODLES & Co"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T03:58:30.914308+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Noodles & Co Q1 net loss widens to $6.4M; revenue up 2.7% to $112.6M

## Summary
- Net loss of $6.4M ($0.14 per diluted share) vs $2.0M loss in Q1 2021; adjusted net loss $5.8M ($0.13).
- Total revenue $112.6M (+2.7% YoY); system-wide comp sales +6.4% (company +5.3%, franchise +11.9%).
- Company AUV $1.25M (+6.8% YoY), accelerated to $1.35M in March; restaurant contribution margin 9.7% vs 13.6%.
- Opened 5 company-owned and 2 franchise restaurants in Q1; temporary closures and refranchising reduced revenue by ~$7M.
- Cost of goods sold inflation added ~300 bps pressure; operating margin (5.4)%.

## SEC filing metadata
- accession: 0001275158-22-000043
- form_type: 8-K
- ticker: NDLS
- cik: 0001275158
- company_name: NOODLES & Co
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275158/000127515822000043/0001275158-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275158/000127515822000043/ndls-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275158-22-000043
- JSON: https://secwatch.observer/filing/0001275158-22-000043.json
- Plain text: https://secwatch.observer/filing/0001275158-22-000043.txt

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