Noodles & Company reports Q4 2024 preliminary system-wide comp sales +0.8%, AUV flat at $1.3M

NOODLES & Co

2024-FY EPS reported -$0.80 revenue$493,271,000

Q4 system-wide comparable sales increased 0.8% (company-owned +0.5%, franchise +1.9%).
Company-owned average unit volumes flat YoY at $1.3M; digital sales rose 5.6%.
CEO cites menu transformation, promotional offers, and third-party delivery momentum driving improvement.
Plans to reduce 2025 capital expenditures to strengthen balance sheet.
Strongest comp sales in last four weeks of Q4 after promotions ended, per management.

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