Noodles & Company Reiterates 2024 Total Revenue Guidance $510M-$525M vs $518.08M Est.
Portfolio Pulse from Benzinga Newsdesk
Noodles & Company has reaffirmed its total revenue guidance for 2024, projecting revenues to be in the range of $510 million to $525 million. This projection is in line with the estimated revenue of $518.08 million by analysts.

May 08, 2024 | 9:45 pm
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Noodles & Company has reiterated its 2024 revenue guidance, indicating confidence in its business strategy and operational performance.
Reiterating revenue guidance, especially when it aligns with analyst expectations, is generally viewed positively by the market. It suggests that the company is on track to meet or exceed its financial targets, which can bolster investor confidence and potentially lead to a positive impact on the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100