Noodles & Company Q3 revenue up 3.4% to $129.4M; EPS drops to $0.02 from $0.10

NOODLES & Co

2022-Q3 EPS reported -$0.09 revenue$373,010,000

Total revenue $129.4M, +3.4% YoY; comparable company sales +3.4%, franchise -3.8%.
Net income $0.8M ($0.02 diluted EPS) vs. $4.7M ($0.10) a year ago; adjusted net income $1.6M ($0.04).
Restaurant contribution margin fell to 14.4% from 18.1%, with COGS up ~300 bps.
Adjusted EBITDA $9.8M, down $3.4M from Q3 2021; 3 company and 1 franchise restaurant opened.
October company comparable sales accelerated to 10.5%, signaling Q4 momentum.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

NOODLES & Co reported third quarter ended September 27, 2022 results: revenue $129.4 million, net income $0.8 million, EPS $0.02 per diluted share.

Period: third quarter ended September 27, 2022
Revenue: $129.4 million
Net income: $0.8 million
EPS: $0.02 per diluted share
Result: reported results

Exact text from the filing

results for its third quarter ended September 27, 2022. Key highlights for the third quarter of 2022 versus the third quarter of 2021 include: • Total revenue increased 3.4% to $129.4 million from $125.1 million in the third quarter of 2021. • Comparable r estaurant sales increased 2.1% system-wide, comprised of a 3.4% increase at company-owned restaurants and a 3.8%

View on SEC.gov

4 earnings releases filed in the last 30 days. Browse all earnings releases →

NOODLES & Co filing history →

Source: SEC EDGAR

accession 0001275158-22-000082

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.