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Noodles & Company — Third Quarter 2026 Earnings Summary

Noodles & Company reported a 9.5% increase in system-wide comparable restaurant sales for the third quarter of 2026, driven by a 10.7% rise at company-owned locations and a 4.9% rise at franchise locations. The company posted a net loss of $2.1 million for the quarter, a significant improvement from the $9.2 million loss recorded in the same period of 2025, while operating margin expanded to 0.1% from (5.2)%. Restaurant contribution margin improved to 16.7% and Adjusted EBITDA increased by 34.3% to $8.7 million. Management has tightened its full-year 2026 guidance, projecting total revenue between $485 million and $495 million and Adjusted EBITDA between $35 million and $37 million.

Company
NOODLES & CO
Sector
Consumer Cyclical
Industry
Restaurants