---
schema_version: "secwatch.filing_event.v1"
accession: "0001275158-23-000090"
form_type: "8-K"
ticker: "NDLS"
cik: "0001275158"
company_name: "NOODLES & Co"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:46:37.520653+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Noodles & Co Q3 revenue down 1.2% to $127.9M; comp sales -3.7%

## Summary
- Total revenue $127.9M, down 1.2% YoY; system-wide comparable sales fell 3.7% (company-owned -4.3%, franchise -1.2%).
- Net income $0.7M ($0.02 diluted EPS) flat vs prior year; adjusted net income $1.6M ($0.04 EPS) also flat.
- Restaurant contribution margin improved to 16.4% from 14.4%; operating margin 1.6% vs 1.2%.
- Adjusted EBITDA rose $1.9M to $11.7M; opened four new company-owned restaurants in Q3.

## SEC filing metadata
- accession: 0001275158-23-000090
- form_type: 8-K
- ticker: NDLS
- cik: 0001275158
- company_name: NOODLES & Co
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275158/000127515823000090/0001275158-23-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275158/000127515823000090/ndls-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275158-23-000090
- JSON: https://secwatch.observer/filing/0001275158-23-000090.json
- Plain text: https://secwatch.observer/filing/0001275158-23-000090.txt

## Key facts
- Earnings Releases
  NOODLES & Co reported third quarter ended October 3, 2023 results: revenue $127.9 million, net income $0.7 million, EPS $0.02 per diluted share.
  - Period: third quarter ended October 3, 2023
  - Revenue: $127.9 million
  - Net income: $0.7 million
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: results for its third quarter ended October 3, 2023. Key highlights for the third quarter of 2023 versus the third quarter of 2022 include: • Total revenue decreased 1.2% to $127.9 million from $129.4 million in the third quarter of 2022. • Comparable r estaurant sales decreased 3.7% system-wide, comprised of a 4.3% decrease at company-owned restaurants and a 1.2%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275158/000127515823000090/0001275158-23-000090-index.htm

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