NDLS · NASDAQ · Restaurants

Noodles & Company

Serving cooked-to-order noodle and pasta dishes across a company-owned and franchised restaurant network.

$14.78
After-hours close+0.05 (+0.31%)
At close$14.73(−0.27%)
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Profile

Noodles & CompanyNDLSConsumer Discretionary

Serving globally inspired noodle and pasta dishes, soups, salads, and appetizers through a fast-casual restaurant model. Revenue is generated through a mix of company-owned and franchised restaurants within one reportable segment.

Founded in Denver in 1995, the chain serves cooked-to-order noodle and pasta dishes inspired by multiple cuisines, with soups, salads, and appetizers alongside them. Its fast-casual model is built around fresh ingredients and flavors.

The restaurant base is concentrated in the United States, operating across 31 states through a mix of company-owned and franchised locations. Company-owned and franchise-owned restaurants make up its single operating and reportable segment.

A portfolio-optimization program has included closures of underperforming restaurants, while the board's ongoing strategic-alternatives review includes potential refinancing, refranchising, or a transaction involving all or part of the business.

Company facts

CEOJoseph D. Christina
ListedJun 28, 2013
ExchangeNASDAQ
HeadquartersBroomfield, CO
CountryUnited States
Employees6,500
CIK0001275158
ISINUS65540B3033

Key statistics

Market cap$88.2M
EPS (ttm)−$4.01
P/E (ttm)−3.69
ROE50.9%
P/B−1.72
P/S0.1778
Dividend yield
Beta0.33vs XLY 0.31

Year to date +148% · Average volume (30d) 70.5K

Analysts

Price target, next 12 months$48.00+224.8%Median of 19 analysts · vs the Aug 28 close
ConsensusHold5 of 19 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRating
Aug 15, 2025BenchmarkDowngradeBuyHold
Aug 15, 2025The Benchmark CompanyDowngradeBuyHold

Earnings

EPS

Estimate−$0.14
ReportedDue Nov 4, 2026

Revenue

Estimate$117.3M
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 24, 2026Q2 FY26−$0.05$0.18+460.0%$119.4M$127.0M+6.4%−7.23%
May 6, 2026Q1 FY26−$0.61−$0.44+27.9%$121.5M$123.8M+1.9%+6.01%
Mar 25, 2026Q4 FY25−$0.72−$0.43+40.3%$122.4M$122.8M+0.3%+55.61%
Nov 5, 2025Q3 FY25−$0.09−$0.10−11.1%$122.4M$122.1M−0.3%+13.26%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$123.8M$126.4M$122.1M$122.8M$123.8M$127.0M
Gross profit$40.6M$42.9M$42.8M−$82.3M$14.4M$49.1M
Operating income−$6.4M−$14.8M−$6.3M$22.4M$1.9M−$1.5M
Net income−$9.1M−$17.6M−$9.2M−$6.8M−$3.4M−$4.0M
Diluted EPS−$1.60−$3.04−$1.60−$1.16−$0.58−$0.67
Gross margin32.8%33.9%35.1%-67.0%11.7%38.7%
Operating margin-5.2%-11.7%-5.2%18.2%1.6%-1.2%

Fiscal years (4-quarter sums)FY21 $475.2M · FY22 $509.5M · FY23 $503.4M · FY24 $493.3M · FY25 $495.1M

Revenue by product · Q2 FY26

Food And Beverage$124.8M · 98%
Franchise$2.2M · 2%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.3M · Total debt $242.5M · Total assets $235.8M · Shareholders' equity −$51.0M

Dividends

No dividends on record.

Ownership

Institutions 33.49%2.00M sharesInsiders 6.08%362.8K sharesOther 60.43%3.61M shares

Shares outstanding 5.97M · Float 3.54M · 59.3% free float

A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Nantahala Capital Management, LLC553.7K9.46%13GMay 15, 2026
Galloway Capital Partners, LLC512.8K8.78%13DFeb 24, 2026
Vanguard Capital Management LLC230.7K3.87%13FMay 15, 2026
Joseph Christina · director, officer: CEO and President82.1K1.38%Form 4May 19, 2026
BlackRock, Inc.62.3K1.04%13FMay 13, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Chipotle Mexican Grill

    Large Mexican fast-casual rival for lunch, dinner, and digital orders

  • CAVA

    Mediterranean fast-casual rival with customizable bowls and pitas

  • Sweetgreen

    Health-oriented fast-casual alternative for customizable lunch and dinner

CompareAfter-hours close

CompanyPriceChange
Noodles & Company$14.78+0.31%$88.2M0.2+0.5%
Chipotle Mexican Grill$38.00−0.08%$48.78B34.930.03.9+9.3%
CAVA$66.76−0.26%$7.80B121.3110.15.7+31.3%
Sweetgreen$7.08+1.51%$828.2M69.71.2+3.8%
Median69.770.13.9+9.3%