secwatch / observer

NOODLES & Co — fact timeline

Source-grounded facts extracted from NOODLES & Co's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NDLS NOODLES & Co JSON
Shareholder Votes

NOODLES & Co shareholders approved Ratification of the appointment of Grant Thornton LLP as our independent registered public accounting firm for the year ending December 29, 2026 at the 2026-05-13 meeting.

“(3) The appointment of Grant Thornton LLP as our independent registered public accounting firm for the year ending December 29, 2026 was ratified. Votes For Votes Against Abstentions Broker Non-Votes 3,945,746 3,004 609 —”
Shareholder Votes

NOODLES & Co shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers as disclosed in our proxy statement at the 2026-05-13 meeting.

“(2) 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 3,126,675 17,294 2,015 803,375”
Shareholder Votes

NOODLES & Co shareholders approved Election of Class I directors at the 2026-05-13 meeting.

“The following individuals were elected as Class I directors, each to serve f or three years a nd until his successor has been elected and qualified, or until his earlier death, resignation or removal. Nominee Votes For Votes Withheld Broker Non-Votes Joseph Christina 3,141,179 4,805 803,375 Thomas Lynch 3,087,706 58,278 803,375”
Earnings Releases

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”
Earnings Releases

NOODLES & Co reported financial results for fourth quarter and fiscal year ended December 30, 2025.

“On March 25, 2026, Noodles & Company (the "Company") issued a press release disclosing earnings and other financial results for its fiscal quarter and fiscal year ended December 30, 2025”
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.”
Listing & Compliance Notices

NOODLES & Co received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

“cember 24th, 2024, 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.”

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.”
Material Agreements

NOODLES & Co amended Amended and Restated Credit Agreement with U.S. Bank National Association valued at Increased applicable rate ranges, amended fixed charge coverage ratio, added capital expenditure cov (effective 2023-12-21).

“On December 21, 2023, Noodles & Company (the “Company”) amended its Amended and Restated Credit Agreement, dated as of July 27, 2022 (as further amended, restated, extended, supplemented, modified and otherwise in effect from time to time, the “Credit Agreement”), by and among the Company, as Borrower (as defined in the Credit Agreement), each other Loan Party (as defined in the Credit Agreement) party thereto, each lender from time to time party thereto, and U.S. Bank National Association, as Administrative Agent, L/C Issuer and Swing Line Lender (each as defined in the Credit Agreement), by entering into that certain First Amendment to Amended and Restated Credit Agreement (the “Amendment”), by and among the Company, the other Loan Parties signatory thereto, the lenders signatory thereto and U.S. Bank National Association, as the Administrative Agent, L/C Issuer and Swing Line Lender.”

Dave Boennighausen departed as Chief Executive Officer at NOODLES & Co.

“Dave Boennighausen ceased serving as Chief Executive Officer of the Company, effective November 9, 2023.”

Drew Madsen was appointed as interim Chief Executive Officer at NOODLES & Co.

“appointed Drew Madsen, 67, as t he Company’s interim Chief Executive Officer, effective immediately.”
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.

“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%”
Earnings Releases

NOODLES & Co reported second quarter ended July 4, 2023 results: revenue $125.2 million, net income Net loss was $1.3 million, EPS $0.03 loss per diluted share.

“results for its second quarter ended July 4, 2023. Key highlights for the second quarter of 2023 versus the second quarter of 2022 include: • Total revenue decreased 4.5% to $125.2 million from $131.1 million in the second quarter of 2022. • Comparable r estaurant sales decreased 5.5% system-wide, comprised of a 5.9% decrease at company-owned restaurants and a 3.4%”

Michael Hynes was appointed as Chief Financial Officer at NOODLES & Co.

“On June 26, 2023, Noodles & Company (the “Company”) announced that the Board of Directors of the Company (the “Board”) appointed Michael ("Mike") Hynes, 47, as Chief Financial Officer of the Company, effective July 24, 2023.”

Thomas Lynch was appointed as Director at NOODLES & Co.

“On May 30, 2023, the Board of Directors (the “Board”) of Noodles & Company (the “Company”), appointed Thomas Lynch as a member of the Board effective immediately.”

Carl Lukach resigned as Chief Financial Officer at NOODLES & Co.

“Mr. Carl Lukach informed Noodles & Company ("the Company") that he is resigning from his employment as Chief Financial Officer with the Company effective June 9, 2023 in order to accept another leadership opportunity within the retail industry.”
Shareholder Votes

NOODLES & Co shareholders approved Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending January 2, 2024 at the 2023-05-16 meeting.

“(4) The appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending January 2, 2024 was ratified. Votes For Votes Against Abstentions Broker Non-Votes 41,508,964 353,648 18,738 —”
Shareholder Votes

NOODLES & Co shareholders approved Approval of the Noodles & Company 2023 Stock Incentive Plan at the 2023-05-16 meeting.

“(3) The Noodles & Company 2023 Stock Incentive Plan was approved. Votes For Votes Against Abstentions Broker Non-Votes 33,287,181 4,273,371 34,286 4,286,512”
Shareholder Votes

NOODLES & Co shareholders approved Advisory (non-binding) approval of the compensation of our named executive officers as disclosed in our proxy statement at the 2023-05-16 meeting.

“(2) 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 33,379,727 4,166,228 48,883 4,286,512”
Shareholder Votes

NOODLES & Co shareholders approved Re-election of the two Class I directors, Mary Egan and Robert Hartnett, to our Board of Directors at the 2023-05-16 meeting.

“(1) The following two individuals were re-elected as Class I directors, each to serve for three years and until his or her successor has been elected and qualified, or until his or her earlier death, resignation or removal. Nominee Votes For Votes Withheld Broker Non-Votes Mary Egan 30,002,384 7,592,454 4,286,512 Robert Hartnett 32,027,721 5,567,117 4,286,512”
Earnings Releases

NOODLES & Co reported fourth quarter and fiscal year ended January 3, 2023 results: revenue $136.5 million, net income $1.0 million, EPS $0.02 per diluted share. Guidance initiated.

“3, 2023, and provided a 2023 business outlook. Key highlights for the fourth quarter of 2022 compared to the same quarter of 2021 in clude: • Total rev enue increased 18.9% to $136.5 million from $114.8 million. • Comparable restaurant sales increased 10.2% for company-owned restaurants, 1.3% for franchise restaurants and 8.7% system-wide. • Net income was $1.0”
Earnings Releases

NOODLES & Co reported third quarter ended September 27, 2022 results: revenue $129.4 million, net income $0.8 million, EPS $0.02 per diluted share.

“results for its third quarter ended September 27, 2022. Key highlights for the third quarter of 2022 versus the third quarter of 2021 include: • Total revenue increased 3.4% to $129.4 million from $125.1 million in the third quarter of 2021. • Comparable r estaurant sales increased 2.1% system-wide, comprised of a 3.4% increase at company-owned restaurants and a 3.8%”

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.