---
schema_version: "secwatch.filing_event.v1"
accession: "0001275158-22-000076"
form_type: "8-K"
ticker: "NDLS"
cik: "0001275158"
company_name: "NOODLES & Co"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:02:46.634846+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Noodles & Company Q2 net income falls to $1.3M; amends credit facility to $125M

## Summary
- Total revenue $131.1M (+4.3% YoY); comp sales +5.1% system-wide.
- Net income $1.3M ($0.03 diluted EPS) vs $5.7M ($0.12) YoY; operating margin 1.4% vs 4.9%.
- Adjusted EBITDA $11.2M, down $2.6M YoY; adjusted EPS $0.05 vs $0.13.
- Credit facility increased to $125M; term loan eliminated; SOFR+1.50%-2.50% margin.
- Three new company-owned restaurants opened; record AUV $1.42M (+18.3% vs Q2 2019).

## SEC filing metadata
- accession: 0001275158-22-000076
- form_type: 8-K
- ticker: NDLS
- cik: 0001275158
- company_name: NOODLES & Co
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275158/000127515822000076/0001275158-22-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275158/000127515822000076/ndls-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275158-22-000076
- JSON: https://secwatch.observer/filing/0001275158-22-000076.json
- Plain text: https://secwatch.observer/filing/0001275158-22-000076.txt

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