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Stock impact report

Noodles & Co (NDLS) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]

Noodles & Company (NDLS) 
Last noodles & company earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: noodles.com
Company Research Source: Yahoo! Finance
Company Comp Traffic: Declined 5.8%. Restaurant Level Contribution Margin: 12.8%, down from 16.4% in the third quarter of 2023. Cost of Goods Sold (COGS): 25.5% of sales, a 40 basis point increase from last year. Labor Costs: 32.0% of sales, up 70 basis points from the prior year. Net Loss: $6.8 million or a loss of $0.15 per diluted share. Adjusted EBITDA: $4.9 million, compared to $10.9 million in the third quarter of 2023. Store Openings and Closures: 3 new company-owned restaurants opened, 5 closed; 1 franchise restaurant opened, 1 closed. Debt Balance: $89.9 million with over $30 million of incremental liquidity available. Capital Expenditures: Projected $29 million to $31 million for 2024. Warning! GuruFocus has detected 5 Warning Signs with NDLS. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Noodles & Co ( NASDAQ:NDLS ) has seen positive early results from their menu i Show less Read more
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