Noodles & Company Q2 comes in at $127M
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- Noodles & Company reported second-quarter revenue of $127 million as comparable sales increased 10.3%.
- The net loss narrowed to $4 million, while adjusted EBITDA increased 79% to $10.8 million.
- The company raised its 2026 revenue, restaurant-margin and adjusted EBITDA forecasts.
Noodles & Company (NASDAQ:NDLS) reported second-quarter revenue of $127 million, up 0.5%, as system-wide comparable sales increased 10.3%.
The net loss narrowed to $4 million from $17.6 million, while diluted loss per share improved to $0.67 from $3.04.
Adjusted EBITDA increased 79% to $10.8 million, while the company ended June with $1.3 million in cash and $105.4 million in debt.
Noodles now forecasts full year revenue of $485–$500 million.
Meanwhile, the company operated 318 company-owned and 78 franchised restaurants, down from 364 and 89 respectively one year earlier.
Its ongoing strategic review includes possible debt refinancing, refranchising or a sale of all or part of the business.
