secwatch.observer — SEC 8-K summary
======================================

Issuer:     NOODLES & Co (NDLS)
CIK:        0001275158
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001275158-25-000043
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noodles & Co Q1 net loss $0.20/shr vs $0.14; revenue up 2% to $123.8M
---------------------------------------------------------------------

- Total revenue $123.8M (+2.0% YoY); system-wide comps +4.4% (co.+4.7%, franchise +2.9%).
- Net loss $9.1M ($0.20 diluted loss) vs $6.1M ($0.14 loss) in Q1 2024.
- Restaurant contribution margin fell to 10.3% from 13.1%; adjusted EBITDA $2.4M vs $5.5M.
- Operating margin (5.2)% vs (3.4)% a year ago; one new company-owned restaurant opened.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275158/000127515825000043/0001275158-25-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275158/000127515825000043/ndls-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001275158-25-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer