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

Issuer:     NOODLES & Co (NDLS)
CIK:        0001275158
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001275158-26-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noodles & Company Q4 net loss narrows to $6.8M; comparable sales +6.6%, adjusted EBITDA rises to $7.6M
--------------------------------------------------------------------------------

- Q4 total revenue $122.8M (+0.8% YoY); net loss $6.8M ($1.16 loss per share) vs $9.7M loss a year ago.
- System-wide comparable restaurant sales +6.6% (co-owned +7.3%, franchise +3.8%).
- Adjusted EBITDA improved to $7.6M in Q4 from $4.0M; full-year adjusted EBITDA $22.5M vs $23.6M.
- FY 2025 net loss $42.6M ($7.36 per share) vs $36.2M loss; revenue $495.1M vs $493.3M.
- Ended 2025 with 423 restaurants; net closure of 31 units (2 opened, 33 closed). First quarter 2026 comp sales +9% to date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275158/000127515826000019/0001275158-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275158/000127515826000019/ndls-20260325.htm
  HTML page:      https://secwatch.observer/filing/0001275158-26-000019

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