Noble Roman's Announces Third Quarter 2024 Financial Data
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Noble Roman's, Inc. reported its Q3 2024 financial results, showing a net income of $193,000 and operating income of $417,000. Franchising revenue increased to $1.4 million, and same-store sales for company-owned restaurants rose by nearly 1%. The company is working on new financing to repay its notes.
November 13, 2024 | 9:15 pm
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Noble Roman's, Inc. reported a net income of $193,000 for Q3 2024, with an increase in franchising revenue and same-store sales. The company is also seeking new financing to repay its notes.
The positive financial results, including increased net income and franchising revenue, along with a rise in same-store sales, suggest a favorable short-term impact on NROM's stock price. The company's efforts to secure new financing further indicate proactive financial management.
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