NOODLES & Co reported first quarter ended March 31, 2026 results: revenue $123.8 million, net income $3.4 million, EPS $0.58 loss per diluted share. Guidance raised.
“results for its first quarter ended March 31, 2026. Key highlights for the first quarter of 2026 versus the first quarter of 2025 include: • Total revenue remained flat at $123.8 million. • Comparable restaurant sales increased 9.1% system-wide, comprised of a 9.4% increase at company-owned restaurants and an 8.0% increase at franchise restaurants. • Net loss was”
Governance Changes
NOODLES & Co: Amendment to certificate of incorporation to effect a 1-for-8 reverse stock split of Class A Common Stock (effective 2026-02-18).
“The Company filed the Certificate of Amendment with the Secretary of State of the State of Delaware to effect the Reverse Stock Split on February 12, 2026, with the Reverse Stock Split to become effective at 12:01 a.m. Eastern Time on February 18, 2026 (the “Effective Time”).”
Listing & Compliance Notices
NOODLES & Co received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A), 5505(b)).
“December 23, 2025 (the “Delisting Determination Letter”). The Delisting Determination Letter states that unless the Company requests a hearing before a Nasdaq Hearings Panel (the “Panel”) by December 30, 2025, the Company’s securities would be subject to suspension/delisting. Accordingly, the Company intends to request a hearing before the Panel on or before December 30, 2025. The hearing request will automatically stay any suspension or delisting action pending the hearing and the expiration of any additional extension period granted by the Panel following the hearing. In connection with the”
Auditor Changes
NOODLES & Co engaged Grant Thornton LLP as its auditor.
“On September 8, 2025, the Audit Committee of the Board of Directors approved the appointment of Grant Thornton LLP as the Company's new independent registered public accounting firm, effective immediately, to perform independent audit services for the fiscal year ending December 30, 2025.”
Auditor Changes
NOODLES & Co dismissed Ernst & Young LLP as its auditor.
“On September 8, 2025, the Audit Committee of the Board of Directors of Noodles & Company (the “Company”) approved the dismissal of Ernst & Young LLP as the Company's independent registered public accounting firm.”
Listing & Compliance Notices
NOODLES & Co received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
“On June 24, 2025, Noodles & Company (the “Company”) received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq’s Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) for continued listing on The Nasdaq Global Select Market.”
Joseph Christina was appointed as President and Chief Operating Officer at NOODLES & Co.
“appointed Joseph Christina as President and Chief Operating Officer of the Company, effective February 24, 2025.”
Brad West changed role as Chief of Staff at NOODLES & Co.
“From the Transition Date through June 30, 2025, Mr. West has agreed to serve as Chief of Staff to the Company’s Chief Executive Officer.”
Brad West departed as Chief Operating Officer at NOODLES & Co.
“On September 11, 2024, Noodles & Company (the “Company”) announced that Brad West, its Chief Operating Officer, will retire from the Company on June 30, 2025.”
Melissa Heidman departed as Executive Vice President, General Counsel and Secretary at NOODLES & Co.
“On June 25, 2024, Noodles & Company ("the Company") announced the departure of Melissa Heidman, its Executive Vice President, General Counsel and Secretary, effective July 2, 2024.”
Britain Peakes was appointed as Director at NOODLES & Co.
“on June 10, 2024, the Board appointed Britain Peakes as a member of the Board effective immediately.”
Shareholder Votes
NOODLES & Co shareholders rejected Stockholder proposal regarding greenhouse gas emissions disclosure at the 2024-05-15 meeting.
“A stockholder proposal regarding greenhouse gas emissions disclosure was not approved, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 9,053,767 23,346,741 68,688 5,234,540”
Shareholder Votes
NOODLES & Co shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm at the 2024-05-15 meeting.
“The appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2024 was ratified. Votes For Votes Against Abstentions Broker Non-Votes 37,410,163 144,714 48,859 —”
Shareholder Votes
NOODLES & Co shareholders approved Advisory vote on compensation of named executive officers at the 2024-05-15 meeting.
“The compensation of our named executive officers, as disclosed in our proxy statement, was approved, on an advisory (non-binding) basis. Votes For Votes Against Abstentions Broker Non-Votes 31,385,276 832,833 151,087 5,234,540”
Shareholder Votes
NOODLES & Co shareholders approved Re-election of Class II directors Jeff Jones, Drew Madsen, and Shawn Taylor at the 2024-05-15 meeting.
“The following three individuals were re-elected as Class II directors, each to serve for three years and until his successor has been elected and qualified, or until his earlier death, resignation or removal. Nominee Votes For Votes Withheld Broker Non-Votes Jeff Jones 29,919,987 2,449,209 5,234,540 Drew Madsen 31,088,188 1,281,008 5,234,540 Shawn Taylor 29,999,182 2,370,014 5,234,540”
Earnings Releases
NOODLES & Co reported first quarter ended April 2, 2024 results: revenue $121.4 million, net income $6.1 million loss, EPS $0.14 loss per diluted share.
“results for its first quarter ended April 2, 2024. Key highlights for the first quarter of 2024 versus the first quarter of 2023 include: • Total revenue decreased 3.7% to $121.4 million from $126.1 million in the first quarter of 2023. • Comparable r estaurant sales decreased 5.4% system-wide, comprised of a 5.7% decrease at company-owned restaurants and a 4.5%”
Stacey Pool departed as Chief Marketing Officer at NOODLES & Co.
“On April 17, 2024, Ms. Stacey Pool informed Noodles & Company ("the Company") that she is resigning from her employment as Chief Marketing Officer with the Company effective May 17, 2024 in order to accept another leadership opportunity within the auto aftermarket sector.”
Earnings Releases
NOODLES & Co reported fiscal year ended January 2, 2024 results: revenue $503.4 million, net income $9.9 million, EPS $0.21 loss per diluted share.
“closed in the fourth quarter of 2023. Key highlights for fiscal year 2023 (52 weeks) compared to fiscal year 2022 (53 weeks) include: • Total revenue decreased 1.2% to $503.4 million from $509.5 million. Adjusting for the impact of the 53 rd week in 2022, total revenue increased $3.0 million in 2023, or 0.6%. • Comparable restaurant sales decreased 1.9%”
Earnings Releases
NOODLES & Co reported fiscal quarter and fiscal year ended January 2, 2024 results: revenue $124.3 million, net income $6.1 million, EPS $0.14 loss per diluted share.
“a 2024 business outlook. Key highlights for the fourth quarter of 2023 (13 weeks) compared to the fourth quarter of 2022 (14 weeks) in clude: • Total revenue decreased 8.9% to $124.3 million from $136.5 million. Adjusting for the impact of the 53rd week in the fourth quarter of 2022, total revenue decreased $3.1 million in the fourth quarter of 2023, or 2.4%. •”
Drew Madsen was appointed as Chief Executive Officer at NOODLES & Co.
“Effective March 6, 2024, the Board of Directors (the “Board”) of the Company appointed Drew Madsen, 67, as the Company’s Chief Executive Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.