{"schema_version":"secwatch.filing_event.v1","accession":"0001275158-23-000086","form_type":"8-K","ticker":"NDLS","cik":"0001275158","company_name":"NOODLES & Co","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.407397+00:00","generated_at":"2026-06-11T21:32:53.228466+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Noodles & Company Q2 revenue falls 4.5% to $125.2M; net loss $1.3M vs year-ago profit","bullets":["Comparable restaurant sales down 5.5% system-wide: company-owned -5.9%, franchise -3.4%.","Net loss of $1.3M ($0.03 loss per diluted share) vs net income of $1.3M ($0.03 EPS) a year ago.","Adjusted EBITDA fell to $9.3M from $11.2M; operating margin turned negative at (0.2)%.","Restaurant contribution margin declined to 14.8% from 15.5%; six new company-owned stores opened.","Board authorized a share repurchase program (amount not disclosed in the release)."],"urls":{"canonical":"https://secwatch.observer/filing/0001275158-23-000086","json":"https://secwatch.observer/filing/0001275158-23-000086.json","markdown":"https://secwatch.observer/filing/0001275158-23-000086.md","text":"https://secwatch.observer/filing/0001275158-23-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1275158/000127515823000086/0001275158-23-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1275158/000127515823000086/ndls-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T21:32:53.228466+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8e18abcfc96a31606b0879fcb11155bb55af96e6","claim":"NOODLES & Co reported second quarter ended July 4, 2023 results: revenue $125.2 million, net income Net loss was $1.3 million, EPS $0.03 loss per diluted share.","evidence_excerpt":"results for its second quarter ended July 4, 2023. Key highlights for the second quarter of 2023 versus the second quarter of 2022 include: • Total revenue decreased 4.5% to $125.2 million from $131.1 million in the second quarter of 2022. • Comparable r estaurant sales decreased 5.5% system-wide, comprised of a 5.9% decrease at company-owned restaurants and a 3.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1275158/000127515823000086/0001275158-23-000086-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 4, 2023"},{"label":"Revenue","value":"$125.2 million"},{"label":"Net income","value":"Net loss was $1.3 million"},{"label":"EPS","value":"$0.03 loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}