Streetbeat News

NDLS

Noodles & Company

https://www.noodles.com

Industry

Restaurants

Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. As of December 28, 2021, the company operated 448 restaurants in 29 states, which included 372 company locations and 76 franchise locations. Noodles & Company was founded in 1995 and is based in Broomfield, Colorado.

Open

1.01

Mkt cap

46M

Volume

212K

High

1.02

P/E Ratio

-1.42

52-wk high

3.50

Low

1.00

Div yield

N/A

52-wk low

0.99

In Monday's after-market session, several consumer discretionary stocks showed notable movements. Cato and GreenTree Hospitality Group reported their Q4 and FY earnings, respectively, leading to an increase in their stock prices. Other stocks such as SunCar Tech Gr, Noodles, and Purple Innovation also saw gains. Conversely, companies like Linkage Global, Cazoo Gr, and Barnes & Noble Education experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:32 pm

Benchmark analyst Todd Brooks maintains a Buy rating on Noodles & Company (NDLS) but lowers the price target from $5 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 1:10 pm

Truist Securities analyst Jake Bartlett has maintained a Buy rating on Noodles & Co. (NDLS) but lowered the price target from $5 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 2:58 pm

Noodles & Company forecasts its FY24 total revenue to be between $510M and $525M, with an estimated comparable restaurant sales growth of flat to +3%. This projection falls short of the estimated $531.664M.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:40 pm

Noodles & Company (NASDAQ:NDLS) has appointed Drew Madsen as its permanent CEO effective March 6, 2024. Madsen, with extensive experience in the restaurant industry, including roles at Panera Bread and Darden Restaurants, aims to drive traffic growth and create long-term shareholder value through strategic priorities and operational excellence.

Portfolio Pulse from Happy Mohamed

March 07, 2024 | 9:33 pm

In Thursday's after-market session, several consumer discretionary stocks showed significant movement. Notably, Funko, Gap, and QuantaSing Group reported their earnings, leading to upward movements in their stock prices. Conversely, Savers Value Village, Potbelly, Noodles, and others reported their earnings, resulting in declines in their stock prices.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:31 pm

Noodles & Co. (NASDAQ:NDLS) reported Q4 earnings with an EPS of $-0.07, missing estimates by -600% against an expected $-0.01. Revenue decreased by $12.15 million from the previous year. Despite a positive performance in Q3 2023, this quarter's results fell short of expectations.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

Noodles & Co. reported Q4 2023 adjusted EPS of $(0.070), missing estimates by 600%, and sales of $124.320M, missing estimates by 0.81%. This represents an 8.90% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:27 pm

Numerous companies are scheduled to report their quarterly earnings on March 7, 2024, with a mix of projected earnings and losses across various sectors. Notable mentions include CI&T, Stevanato Gr, ABM Industries, Bilibili, BJ's Wholesale Club, Burlington Stores, and many others, indicating a significant day for investors to monitor potential market movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:49 am

Noodles & Company's CEO, Dave Boennighausen, has stepped down effective immediately. Drew Madsen has been appointed as the interim CEO while the company searches for a permanent replacement.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:02 pm

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