Noodles & Company

Financing

Noodles & Company faces possible delisting (again)

The fast-casual chain's stock price has fallen too low and is out of compliance with Nasdaq rules. It's the second time in six months the chain has been warned.

Earnings Report Q1 2025

Noodles & Company drives 1Q traffic with jazzed up mac and cheese

Only seven weeks into the most comprehensive menu overhaul in brand history, the fast-casual chain is seeing results, with traffic up 1.8%, despite a cautious consumer.

The fast-casual chain has rolled out its culinary transformation along with a marketing campaign proclaiming, "We know noodles." What did guests want? More mac and cheese.

The first quarter brought positive traffic and optimism for the year ahead, as the fast casual prepares for the biggest menu transformation in its history.

He replaces retiring COO Brad West as the fast-casual chain prepares to launch a comprehensive menu overhaul.

Preliminary fourth-quarter results indicate improvements in same-store sales and traffic, though the brand has a long way to go. Expect a year of big menu news ahead.

The fast-casual chain has struggled to turn around its financial performance, but its stock price has remained below $1 long enough to trigger a warning.

The Bottom Line: The fast-casual noodle chain was once dubbed the "Next Chipotle." But it has lost 80% of its value this year amid persistent sales weakness and compounding losses.

CEO Drew Madsen said the fast casual is tweaking its delivery pricing markups, which were partly to blame for a 5.8% decrease in traffic at company units during the third quarter.

Guest feedback prompts the fast casual to add more “wow” to the menu with innovative flavors and ingredients.

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