NOODLES & Co (NDLS) stock

NDLSNasdaqRetail-Eating PlacesFiscal year ends December 29

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 24, 2026Score 2/30

$15.35−0.23 (-1.48%)

Close on Oct 30, 2026Market cap $91.59MP/E –Yield –

Earnings

Noodles's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Nov 4, 2026

Q3 FY2026 · estimated, during market hours

Revenue, Q2 FY2026

$127.00M

+0.5% on a year earlier

Adjusted earnings (loss) per share Diluted, Q2 FY2026

$0.18

-$0.12 a year earlier

Latest guidance

Raised

Jul 24, 2026 · 9 items

Quarterly results

Revenue and earnings per share from each of Noodles's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q3 FY2026ended Sep 30, 2026	Nov 4, 2026Expected	–	–	–	–	–
Q2 FY2026ended Jun 30, 2026	Jul 24, 2026before the open	$127.00M	+0.5%	-$0.67	$0.18	Release
Q1 FY2026ended Mar 31, 2026	May 6, 2026during market hours	$123.80M	0.0%	-$0.58	-$0.44	Release
Q4 FY2025ended Dec 30, 2025	Mar 25, 2026during market hours	$122.80M	+0.8%	-$1.16	-$0.43	Release
Q3 FY2025ended Sep 30, 2025	Nov 5, 2025during market hours	$122.10M	-0.6%	-$0.20	-$0.10	Release
Q2 FY2025ended Jul 1, 2025	Aug 13, 2025during market hours	$126.40M	-0.8%	-$0.38	-$0.12	Release
Q1 FY2025ended Apr 1, 2025	May 7, 2025during market hours	$123.80M	+2.0%	-$0.20	–	Release
Q4 FY2024ended Dec 31, 2024	Mar 6, 2025during market hours	$121.80M	-2.0%	-$0.21	-$0.15	Release
Q3 FY2024ended Oct 1, 2024	Nov 6, 2024during market hours	$122.80M	-4.0%	-$0.15	-$0.12	Release
Q2 FY2024ended Jul 2, 2024	Aug 7, 2024during market hours	$127.40M	+1.8%	-$0.30	-$0.05	Release
Q1 FY2024ended Apr 2, 2024	May 8, 2024during market hours	$121.40M	-3.7%	-$0.14	-$0.13	Release
Q4 FY2023ended Jan 2, 2024	Mar 7, 2024during market hours	$124.30M	-8.9%	-$0.14	-$0.07	Release
Q3 FY2023ended Oct 3, 2023	Nov 7, 2023during market hours	$127.90M	-1.2%	$0.02	$0.04	Release
Q2 FY2023ended Jul 4, 2023	Aug 9, 2023during market hours	$125.20M	-4.5%	-$0.03	-$0.02	Release
Q1 FY2023ended Apr 4, 2023	May 10, 2023during market hours	$126.10M	+12.0%	-$0.07	-$0.05	Release
Q4 FY2022ended Jan 3, 2023	Mar 8, 2023during market hours	$136.50M	+18.9%	$0.02	$0.03	Release
Q3 FY2022ended Sep 27, 2022	Nov 3, 2022during market hours	$129.40M	+3.4%	$0.02	$0.04	Release
Q2 FY2022ended Jun 28, 2022	Jul 27, 2022during market hours	$131.10M	–	$0.03	$0.05	Release
Q1 FY2022ended Mar 29, 2022	Apr 27, 2022during market hours	$112.60M	–	-$0.14	-$0.13	Release
Q4 FY2021ended Dec 28, 2021	Feb 23, 2022during market hours	$114.80M	–	-$0.10	-$0.05	Release
Q3 FY2021ended Sep 28, 2021	Oct 27, 2021during market hours	$125.10M	–	$0.10	$0.12	Release
Q2 FY2021ended Jun 29, 2021	Aug 3, 2021during market hours	–	–	–	–	Filing
Q1 FY2021ended Mar 30, 2021	Apr 29, 2021during market hours	–	–	–	–	Filing
Q4 FY2020ended Dec 29, 2020	Feb 25, 2021during market hours	–	–	–	–	Filing
Q3 FY2020ended Sep 29, 2020	Oct 1, 2020before the open	–	–	–	–	Filing
Q2 FY2020ended Jun 30, 2020	Aug 6, 2020during market hours	–	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Noodles's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Total revenue	FY2026	$485.00M – $500.00M	$483.00M – $498.00M	Raised	Jul 24, 2026
Total revenueGAAP	FY2026	$478.00M – $493.00M	–	New	Mar 25, 2026
comparable restaurant sales growth	FY2026	+8% – +11%	+7% – +10%	Raised	Jul 24, 2026
comparable restaurant sales growth	FY2026	+6% – +9%	–	New	Mar 25, 2026
Adjusted EBITDAnon-GAAP	FY2026	$34.00M – $38.00M	$32.50M – $37.50M	Raised	Jul 24, 2026
Adjusted EBITDAnon-GAAP	FY2026	$30.00M – $35.00M	–	New	Mar 25, 2026
Capital expenditures	FY2026	$9.00M – $10.00M	$9.50M – $10.50M	Lowered	Jul 24, 2026
Capital expendituresGAAP	FY2026	$9.50M – $10.50M	–	New	Mar 25, 2026
close an additional restaurants	FY2026	30 – 35	–	New	Jan 12, 2026
company-owned restaurant closures	FY2026	30 – 35	–	New	Mar 25, 2026
Depreciation and amortization	FY2026	$24.00M – $25.00M	–	Lowered	Jul 24, 2026
Depreciation and amortizationGAAP	FY2026	$24.00M – $25.00M	–	Lowered	Mar 25, 2026
General and administrative expenses	FY2026	$51.00M – $54.00M	–	New	Jul 24, 2026
General and administrative expensesGAAP	FY2026	$49.00M – $52.00M	–	New	Mar 25, 2026
Net interest expense	FY2026	$10.00M – $11.00M	–	Lowered	Jul 24, 2026
Net interest expenseGAAP	FY2026	$10.00M – $11.00M	–	Lowered	Mar 25, 2026
Restaurant closures: company-owned restaurants	FY2026	30 – 35	–	Reaffirmed	Jul 24, 2026
Restaurant level contribution marginsnon-GAAP	FY2026	16% – 17%	15.5% – 17%	Raised	Jul 24, 2026
Restaurant level contribution marginsnon-GAAP	FY2026	14.7% – 16%	–	New	Mar 25, 2026
stock-based compensation expense	FY2026	$2.50M	–	New	Mar 25, 2026

Guidance vs results

The last range Noodles gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
FY2025	Revenue	$492.00M – $495.00M	$495.10MΣ4Q	Within range
Q1 FY2023	Revenue	$125.00M – $128.00M	$126.10M	Within range
Q4 FY2022	Revenue	$133.50M – $136.50M	$136.50M	Within range
Q3 FY2022	Revenue	$125.50M – $128.50M	$129.40M	Above range
Q2 FY2022	Revenue	$130.00M – $133.00M	$131.10M	Within range
Q1 FY2022	Revenue	$110.00M – $113.00M	$112.60M	Within range

Guidance history

Every forecast Noodles put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Jul 24, 2026	Capital expenditures	FY2026	$9.00M – $10.00M	Lowered
Jul 24, 2026	comparable restaurant sales growth	FY2026	+8% – +11%	Raised
Jul 24, 2026	Adjusted EBITDA	FY2026	$34.00M – $38.00M	Raised
Jul 24, 2026	General and administrative expenses	FY2026	$51.00M – $54.00M	New
Jul 24, 2026	Depreciation and amortization	FY2026	$24.00M – $25.00M	Lowered
Jul 24, 2026	Net interest expense	FY2026	$10.00M – $11.00M	Lowered
Jul 24, 2026	Restaurant closures: company-owned restaurants	FY2026	30 – 35	Reaffirmed
Jul 24, 2026	Restaurant level contribution margins	FY2026	16% – 17%	Raised
Jul 24, 2026	Total revenue	FY2026	$485.00M – $500.00M	Raised
May 6, 2026	Capital expenditures	FY2026	$9.50M – $10.50M	New
May 6, 2026	comparable restaurant sales growth	FY2026	+7% – +10%	New
May 6, 2026	Adjusted EBITDA	FY2026	$32.50M – $37.50M	New
May 6, 2026	Restaurant level contribution margins	FY2026	15.5% – 17%	New
May 6, 2026	Total revenue	FY2026	$483.00M – $498.00M	New
Mar 25, 2026	Capital expenditures	FY2026	$9.50M – $10.50M	New
Mar 25, 2026	Comparable restaurant sales growth	Q1 FY2026	+9%	New
Mar 25, 2026	comparable restaurant sales growth	FY2026	+6% – +9%	New
Mar 25, 2026	Adjusted EBITDA	FY2026	$30.00M – $35.00M	New
Mar 25, 2026	Adjusted EBITDA	Q1 FY2026	$5.70M – $6.30M	New
Mar 25, 2026	company-owned restaurant closures	FY2026	30 – 35	New
Mar 25, 2026	Restaurant level contribution margins	FY2026	14.7% – 16%	New
Mar 25, 2026	stock-based compensation expense	FY2026	$2.50M	New
Mar 25, 2026	General and administrative expenses	FY2026	$49.00M – $52.00M	New
Mar 25, 2026	Depreciation and amortization	FY2026	$24.00M – $25.00M	Lowered
Mar 25, 2026	Net interest expense	FY2026	$10.00M – $11.00M	Lowered
Mar 25, 2026	Total revenue	FY2026	$478.00M – $493.00M	New
Jan 12, 2026	close an additional restaurants	FY2026	30 – 35	New
Nov 5, 2025	Capital expenditures	FY2025	$12.00M – $13.00M	New
Nov 5, 2025	comparable restaurant sales growth	FY2025	+3.6% – +4.2%	New
Nov 5, 2025	Restaurant closures: company-owned restaurants	FY2025	31 – 34	New
Nov 5, 2025	Restaurant closures: franchise restaurants	FY2025	7 – 8	Lowered
Nov 5, 2025	Restaurant level contribution margins	FY2025	12.3% – 12.7%	New
Nov 5, 2025	General and administrative expenses	FY2025	$48.00M – $49.00M	New
Nov 5, 2025	Depreciation and amortization	FY2025	$28.00M – $29.00M	Lowered
Nov 5, 2025	Net interest expense	FY2025	$11.00M	Lowered
Nov 5, 2025	Total revenue	FY2025	$492.00M – $495.00M	New
Aug 13, 2025	Capital expenditures	FY2025	$12.00M – $13.00M	Raised
Aug 13, 2025	comparable restaurant sales growth	FY2025	+2.5% – +4%	New
Aug 13, 2025	Restaurant level contribution margins	FY2025	11.8% – 12.6%	Lowered
Aug 13, 2025	Depreciation and amortization	FY2025	$27.00M – $29.00M	Lowered
Aug 13, 2025	Net interest expense	FY2025	$10.50M – $11.50M	Lowered
Aug 13, 2025	General and administrative expenses	FY2025	$48.00M – $50.00M	Raised
Aug 13, 2025	Restaurant closures	FY2025	28 – 32	Raised
Aug 13, 2025	Total revenue	FY2025	$487.00M – $495.00M	Lowered
May 7, 2025	Capital expenditures	FY2025	$11.00M – $13.00M	New
May 7, 2025	Net interest expense	FY2025	$8.00M – $10.00M	Lowered
May 7, 2025	Depreciation and amortization	FY2025	$27.00M – $29.00M	Lowered
May 7, 2025	General and administrative expenses	FY2025	$49.00M – $52.00M	New
May 7, 2025	Restaurant level contribution margins	FY2025	12% – 14%	Lowered
May 7, 2025	Restaurant closures: company-owned restaurants	FY2025	13 – 17	New
May 7, 2025	Total revenue	FY2025	$503.00M – $512.00M	New
Mar 6, 2025	Capital expenditures	FY2025	$11.00M – $13.00M	New
Mar 6, 2025	Restaurant level contribution margins	FY2025	12.5% – 14%	New
Mar 6, 2025	Net interest expense	FY2025	$8.00M – $10.00M	Lowered
Mar 6, 2025	Depreciation and amortization	FY2025	$27.00M – $29.00M	Lowered
Mar 6, 2025	General and administrative expenses	FY2025	$49.00M – $52.00M	New
Mar 6, 2025	Total revenue	FY2025	$503.00M – $512.00M	New
Nov 6, 2024	Capital expenditures	FY2024	$29.00M – $31.00M	Narrowed
Nov 6, 2024	comparable restaurant sales growth	FY2024	-3% – -1.5%	New
Nov 6, 2024	Restaurant level contribution margins	FY2024	12.7% – 13.3%	New
Nov 6, 2024	Net interest expense	FY2024	$8.00M – $9.00M	Lowered
Nov 6, 2024	New restaurant openings: company-owned	FY2024	10	Raised
Nov 6, 2024	Depreciation and amortization	FY2024	$28.00M – $30.00M	Lowered
Nov 6, 2024	New restaurant openings: franchise-owned	FY2024	3	Lowered
Nov 6, 2024	General and administrative expenses	FY2024	$51.00M – $53.00M	Raised
Nov 6, 2024	Total revenue	FY2024	$487.00M – $495.00M	Lowered
Aug 7, 2024	Capital expenditures	FY2024	$28.00M – $32.00M	Reaffirmed
Aug 7, 2024	franchise-owned restaurant openings	FY2024	3	Lowered
Aug 7, 2024	Net interest expense	FY2024	$8.00M – $9.00M	Lowered
Aug 7, 2024	Depreciation and amortization	FY2024	$30.00M – $32.00M	Raised
Aug 7, 2024	stock-based compensation expense	FY2024	$4.50M	Lowered
Aug 7, 2024	General and administrative expenses	FY2024	$50.00M – $53.00M	Raised
Aug 7, 2024	Restaurant level contribution margins	FY2024	13.5% – 14.5%	Lowered
Aug 7, 2024	company-owned restaurant openings	FY2024	10	Lowered
Aug 7, 2024	Total revenue	FY2024	$495.00M – $505.00M	Lowered
May 8, 2024	Capital expenditures	FY2024	$28.00M – $32.00M	New
May 8, 2024	Net interest expense	FY2024	$8.00M – $9.00M	Lowered
May 8, 2024	Depreciation and amortization	FY2024	$32.00M – $34.00M	Lowered
May 8, 2024	Restaurant level contribution margins	FY2024	14% – 15%	Reaffirmed
May 8, 2024	General and administrative expenses	FY2024	$52.00M – $55.00M	New
May 8, 2024	New restaurant openings: company-owned	FY2024	10 – 12	New
May 8, 2024	Total revenue	FY2024	$510.00M – $525.00M	New
Mar 7, 2024	Capital expenditures	FY2024	$28.00M – $32.00M	New
Mar 7, 2024	Net interest expense	FY2024	$8.00M – $9.00M	Lowered
Mar 7, 2024	Depreciation and amortization	FY2024	$32.00M – $34.00M	Lowered
Mar 7, 2024	General and administrative expenses	FY2024	$52.00M – $55.00M	Raised
Mar 7, 2024	Restaurant level contribution margins	FY2024	14% – 15%	Lowered
Mar 7, 2024	Total revenue	FY2024	$510.00M – $525.00M	New
Nov 7, 2023	Capital expenditures	FY2023	$45.00M – $50.00M	Lowered
Nov 7, 2023	Adjusted EBITDA	FY2023	$36.00M – $40.00M	Raised
Nov 7, 2023	Adjusted EPS	FY2023	-$0.08 – $0.00	Raised
Nov 7, 2023	Restaurant contribution margin	FY2023	15%	Lowered
Nov 7, 2023	new restaurant growth system-wide	FY2023	+5%	Reaffirmed
Nov 7, 2023	General & administrative expense	FY2023	$50.00M – $52.00M	Raised
Nov 7, 2023	Depreciation and amortization	FY2023	$26.00M – $27.00M	Lowered
Nov 7, 2023	Disposal of assets	FY2023	$3.00M – $3.50M	Lowered
Nov 7, 2023	Net interest expense	FY2023	$4.50M – $5.00M	Raised
Nov 7, 2023	Stock-based compensation	FY2023	$4.50M – $5.50M	Raised
Nov 7, 2023	Total revenue	FY2023	$502.00M – $506.00M	New
Aug 9, 2023	Capital expenditures	FY2023	$45.00M – $50.00M	Lowered
Aug 9, 2023	Adjusted EBITDA	FY2023	$35.00M – $40.00M	Lowered
Aug 9, 2023	Adjusted EPS	FY2023	-$0.11 – $0.00	Lowered
Aug 9, 2023	Restaurant level contribution margins	FY2023	14.5% – 15%	Lowered
Aug 9, 2023	Net interest expense	FY2023	$4.50M – $5.00M	Raised
Aug 9, 2023	Stock-based compensation	FY2023	$5.50M – $6.50M	Raised
Aug 9, 2023	new restaurant growth system-wide	FY2023	+5%	Lowered
Aug 9, 2023	General & administrative expense	FY2023	$50.00M – $53.00M	Raised
Aug 9, 2023	Depreciation and amortization	FY2023	$26.50M – $27.50M	Lowered
Aug 9, 2023	Disposal of assets	FY2023	$3.00M – $3.50M	Lowered
Aug 9, 2023	Total revenue	FY2023	$500.00M – $510.00M	New
May 10, 2023	Capital expenditures	FY2023	$53.00M – $58.00M	New
May 10, 2023	Adjusted EBITDA	FY2023	$45.00M – $50.00M	Reaffirmed
May 10, 2023	Adjusted EPS	FY2023	$0.10 – $0.20	Reaffirmed
May 10, 2023	Disposal of assets	FY2023	$3.00M – $3.50M	Lowered
May 10, 2023	Net interest expense	FY2023	$4.00M – $4.50M	Raised
May 10, 2023	Stock-based compensation	FY2023	$6.00M – $7.00M	Raised
May 10, 2023	Depreciation and amortization	FY2023	$25.50M – $27.50M	New
May 10, 2023	Restaurant level contribution margins	FY2023	16% – 17%	New
May 10, 2023	new restaurant growth system-wide	FY2023	+7.5%	Reaffirmed
Mar 8, 2023	Capital expenditures	FY2023	$53.00M – $58.00M	New
Mar 8, 2023	Adjusted EBITDA	FY2023	$45.00M – $50.00M	New
Mar 8, 2023	Adjusted EPS	FY2023	$0.10 – $0.20	New
Mar 8, 2023	Restaurant level contribution margins	Q1 FY2023	12.5% – 12.8%	New
Mar 8, 2023	Restaurant level contribution margins	FY2023	16% – 17%	New
Mar 8, 2023	Net interest expense	FY2023	$4.00M – $4.50M	Raised
Mar 8, 2023	new restaurant growth system-wide	FY2023	+7.5%	Lowered
Mar 8, 2023	Depreciation and amortization	FY2023	$25.50M – $27.50M	New
Mar 8, 2023	Disposal of assets	FY2023	$3.00M – $3.50M	Lowered
Mar 8, 2023	Stock-based compensation	FY2023	$6.00M – $7.00M	Raised
Mar 8, 2023	Total revenue	Q1 FY2023	$125.00M – $128.00M	New
Nov 3, 2022	capital expenditures	Q4 FY2022	$7.00M – $10.00M	New
Nov 3, 2022	capital expenditures	FY2022	$30.00M – $33.00M	Reaffirmed
Nov 3, 2022	restaurant level contribution margin	Q4 FY2022	14.5% – 15%	New
Nov 3, 2022	unit growth	FY2022	+5%	Reaffirmed
Nov 3, 2022	total revenue	Q4 FY2022	$133.50M – $136.50M	New
Jul 27, 2022	capital expenditures	FY2022	$30.00M – $33.00M	New
Jul 27, 2022	restaurant level contribution margin	Q3 FY2022	15% – 15.5%	New
Jul 27, 2022	unit growth	FY2022	+5%	Lowered
Jul 27, 2022	total revenue	Q3 FY2022	$125.50M – $128.50M	New
Apr 27, 2022	Capital expenditures	FY2022	$30.00M – $34.00M	Reaffirmed
Apr 27, 2022	Average unit volumes	FY2024	$1.50M	Reaffirmed
Apr 27, 2022	Restaurant contribution margin	FY2024	20%	Reaffirmed
Apr 27, 2022	restaurant level contribution margin	Q2 FY2022	16%	New
Apr 27, 2022	new restaurants system-wide	FY2022	35	Reaffirmed
Apr 27, 2022	System-wide unit growth	FY2022	+8%	Reaffirmed
Apr 27, 2022	total revenue	Q2 FY2022	$130.00M – $133.00M	New
Feb 23, 2022	Capital expenditures	FY2022	$30.00M – $34.00M	New
Feb 23, 2022	System-wide unit growth	FY2023	+10%	New
Feb 23, 2022	Average unit volumes	FY2024	$1.50M	New
Feb 23, 2022	Restaurant contribution margin	FY2024	20%	New
Feb 23, 2022	new restaurants system-wide	FY2022	35	New
Feb 23, 2022	total revenue	Q1 FY2022	$110.00M – $113.00M	New
Oct 27, 2021	Capital expenditures	FY2021	$20.00M – $22.00M	New
Oct 27, 2021	system-wide unit growth	FY2022	+8%	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.