newsfilter
← Latest News
GlobeNewswire·

Noodles & Company Announces Fourth Quarter and Full Year 2025 Financial Results

NDLS
  • Noodles & Company reported a 6.6% increase in system-wide comparable restaurant sales for Q4 2025 & over 9% growth for Q1 2026 to date.
  • Q4 2025 total revenue rose 0.8% to $122.8 million, while net loss narrowed to $6.8 million from $9.7 million in the prior year quarter.
  • Adjusted EBITDA for Q4 2025 increased to $7.6 million from $4.0 million, & operating margin improved to (3.3)% from (6.0)%.
  • Fiscal year 2025 total revenue increased 0.4% to $495.1 million, with a net loss of $42.6 million compared to $36.2 million in 2024.
  • The company closed 33 restaurants & opened 2 new locations in 2025, ending the year with 423 total restaurants (340 company-owned, 83 franchise).
  • A 1-for-8 reverse stock split was approved on February 4, 2026, & became effective on February 18, 2026.
  • Liquidity as of December 30, 2025, included $1.3 million in cash & cash equivalents, $110.2 million in outstanding debt, & $11.9 million available for borrowing.
  • Q1 2026 guidance forecasts comparable sales growth of 9.0% & adjusted EBITDA between $5.7 million & $6.3 million.
  • Full-year 2026 guidance projects total revenue of $478 million to $493 million, with comparable sales growth of 6.0% to 9.0%.
  • 2026 full-year adjusted EBITDA is expected to range from $30 million to $35 million, with restaurant contribution margins between 14.7% & 16.0%.
  • The company plans to open 1 to 2 new franchise restaurants in 2026 while closing 30 to 35 company-owned restaurants & 5 franchised locations.
  • CEO Joe Christina attributed recent performance to new menu items, the "Delicious Duos" value offering, & the closure of underperforming stores.