BROOMFIELD, Colo., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) (the "Company") today announced that its Board of Directors (the "Board") granted an equity award to Steve Kennedy as an equity inducement award outside of the Company's 2023 Stock Incentive Plan and material to Mr. Kennedy's acceptance of employment with the company. The equity award was approved by the Board, in accordance with Nasdaq Listing Rule 5635(c)(4). In connection with Mr. Kennedy's appointment as Executive Vice President, Marketing, the Company granted Mr. Kennedy an award of 50,000 time-based RSUs. One-fourth of the RSUs will vest on each anniversary of Mr. Kennedy's start date, subject to hi

Noodles Introduces Bold Flavors to Its Famous Mac & Cheese, Revamping Classic Favorites Along the Way   BROOMFIELD, Colo.  , Nov. 13, 2024 /PRNewswire/ -- Noodles & Company (NASDAQ:NDLS), the fast-casual chain famous for delivering Uncommon Goodness, is introducing a bold new lineup of specialty Mac & Cheese dishes. Announced today, this exciting addition brings fresh, elevated flavors and made-to-order perfection to Noodles' craveable menu, available in select markets, including Colorado, Ohio, and Illinois.   A Bold, New Culinary Approach Noodles & Company's Wisconsin Mac &

BROOMFIELD, Colo., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for its third quarter ended October 1, 2024. Key highlights for the third quarter of 2024 versus the third quarter of 2023 include: Total revenue decreased 4.0% to $122.8 million from $127.9 million in the third quarter of 2023.Comparable restaurant sales decreased 3.3% system-wide, comprised of a 3.4% decrease at company-owned restaurants and a 2.9% decrease at franchise restaurants.Net loss was $6.8 million, or $0.15 loss per diluted share, compared to net income of $0.7 million, or $0.02 earnings per diluted share, in the third quarter of 2023.Operating margin was (3.

At Dominos, Kennedy held leadership roles in strategy and insights, loyalty, digital marketing and media, and digital innovation during nine years of explosive growth for the brand.At Nestle USA, Kennedy led their Marketing Enablement COE, providing brand building, creative development, media planning and buying, digital strategy and experience, and eCommerce marketing support for North American brands.BROOMFIELD, Colo., Oct. 30, 2024 /PRNewswire/ -- Noodles & Company (NASDAQ:NDLS) has appointed Stephen Kennedy as Executive Vice President of Marketing, starting November 18, 2024, to lead the company's brand strategy and customer growth initiatives.

BROOMFIELD, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its third quarter 2024 financial results on Wednesday, November 6, 2024 at 4:30 p.m. ET. Drew Madsen, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with third quarter 2024 financial results will be issued after the market close that same day. To access the live conference call, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start time. The conference call will

Noodles Invites Guests to Savor the First Bite of its Fresh New Flavors BROOMFIELD, Colo., Oct. 9, 2024 /PRNewswire/ -- Noodles & Company (NASDAQ:NDLS), the nationwide fast-casual chain known for spreading Uncommon Goodness, is turning a new page in its culinary story with the launch of three new dishes that promise to redefine guests' expectations with new flavors and never-before-used ingredients. Today's unveiling of the Lemon Garlic Shrimp Scampi, Chipotle Chicken Cavatappi, and Crispy Chicken Bacon Alfredo is the first step in a multi-phase menu transformation, where big flavors, fresh ingredients, and culinary creativity take center stage. 

Join Noodles & Company for a Weekend Celebration of National Noodle Day, Featuring Endless Flavor and Value with $5 Bowls BROOMFIELD, Colo., Oct. 2, 2024 /PRNewswire/ -- Celebrating its namesake holiday, Noodles & Company (NASDAQ:NDLS), the nationwide fast-casual chain known for spreading Uncommon Goodness, announces it's celebrating the noodle-centric holiday, National Noodle Day on Saturday, October 6, by offering Noodles Rewards members a $5 noodle bowl on October 5 and 6, 2024. Endless Flavors to Choose From!This National Noodle Day, Noodles Rewards members can snag any of

Noodles & Company knows that fall is full of hectic days and jam-packed schedules, which is why the fast-casual chain is taking dinner off guests' plates with FREE kids' meals, all day, every day, with any regular entrée  BROOMFIELD, Colo., Sept. 12, 2024 /PRNewswire/ -- Bringing families together this fall, Noodles & Company (NASDAQ:NDLS), the nationwide fast-casual chain known for spreading Uncommon Goodness, announces today that, for a limited time, guests will receive a free kids' meal with the purchase of any regular entrée any day of the week, any time of day, for any occasion. Guests can redeem the free kids' meal offer in-restaurant, through the Noodles app, or online at Noodles.com,

The Fast-Casual Chain Introduces Two Exclusive Care Bears-Inspired Meals, Featuring Collectible Care Bears Mini Plush Toys and a Delightful Care Bears Crispy Treat  BROOMFIELD, Colo., Aug. 28, 2024 /PRNewswire/ -- During this back-to-school season, Noodles & Company, the nationwide fast-casual chain known for spreading Uncommon Goodness, is spreading cheer to the community by unveiling an exclusive menu collaboration with the iconic and lovable, Care Bears™ property, owned by Cloudco Entertainment. Beginning August 28, Noodles invites guests to share its new limited-time Care Bears Share Menu with friends and family, bringing togetherness to mealtime available through Care Bears' nationally

BROOMFIELD, Colo., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) (the "Company") today announced that its Board of Directors (the "Board") granted an equity award to Scott Davis as an equity inducement award outside of the Company's 2023 Stock Incentive Plan and material to Mr. Davis's acceptance of employment with the company. The equity award was approved by the Board, in accordance with Nasdaq Listing Rule 5635(c)(4). In connection with Mr. Davis's appointment as Chief Concept Officer, the Company granted Mr. Davis an award of 94,595 time-based RSUs. One-fourth of the RSUs will vest on each anniversary of Mr. Davis's start date, subject to his continued employment w

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Noodles Introduces Bold Flavors to Its Famous Mac & Cheese, Revamping Classic Favorites Along the Way   BROOMFIELD, Colo.  , Nov. 13, 2024 /PRNewswire/ -- Noodles & Company (NASDAQ:NDLS), the fast-casual chain famous for delivering Uncommon Goodness, is introducing a bold new lineup of specialty Mac & Cheese dishes. Announced today, this exciting addition brings fresh, elevated flavors and made-to-order perfection to Noodles' craveable menu, available in select markets, including Colorado, Ohio, and Illinois.   A Bold, New Culinary Approach Noodles & Company's Wisconsin Mac &

Noodles Invites Guests to Savor the First Bite of its Fresh New Flavors BROOMFIELD, Colo., Oct. 9, 2024 /PRNewswire/ -- Noodles & Company (NASDAQ:NDLS), the nationwide fast-casual chain known for spreading Uncommon Goodness, is turning a new page in its culinary story with the launch of three new dishes that promise to redefine guests' expectations with new flavors and never-before-used ingredients. Today's unveiling of the Lemon Garlic Shrimp Scampi, Chipotle Chicken Cavatappi, and Crispy Chicken Bacon Alfredo is the first step in a multi-phase menu transformation, where big flavors, fresh ingredients, and culinary creativity take center stage. 

Noodles & Company knows that fall is full of hectic days and jam-packed schedules, which is why the fast-casual chain is taking dinner off guests' plates with FREE kids' meals, all day, every day, with any regular entrée  BROOMFIELD, Colo., Sept. 12, 2024 /PRNewswire/ -- Bringing families together this fall, Noodles & Company (NASDAQ:NDLS), the nationwide fast-casual chain known for spreading Uncommon Goodness, announces today that, for a limited time, guests will receive a free kids' meal with the purchase of any regular entrée any day of the week, any time of day, for any occasion. Guests can redeem the free kids' meal offer in-restaurant, through the Noodles app, or online at Noodles.com,

The Fast-Casual Chain Introduces Two Exclusive Care Bears-Inspired Meals, Featuring Collectible Care Bears Mini Plush Toys and a Delightful Care Bears Crispy Treat  BROOMFIELD, Colo., Aug. 28, 2024 /PRNewswire/ -- During this back-to-school season, Noodles & Company, the nationwide fast-casual chain known for spreading Uncommon Goodness, is spreading cheer to the community by unveiling an exclusive menu collaboration with the iconic and lovable, Care Bears™ property, owned by Cloudco Entertainment. Beginning August 28, Noodles invites guests to share its new limited-time Care Bears Share Menu with friends and family, bringing togetherness to mealtime available through Care Bears' nationally

As Former Chief Concept Officer at Panera Bread, Davis led culinary development, category management, restaurant design, and sustainability efforts.At Panera, Davis launched key innovations that drove significant lunch and dinner traffic growth. BROOMFIELD, Colo., June 12, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced the appointment of Scott Davis as Chief Concept Officer, effective June 19, 2024. "Scott brings an unmatched track record of concept development and innovation success in the fast-casual segment, and I am delighted he is joining our leadership team to help us capture the full potential of our unique brand," said Drew Madsen, Chief Executive O

BROOMFIELD, Colo., June 10, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NDLS), the national fast-casual chain known for its globally-inspired noodle bowls, best-in-class service, and values-centric culture, has appointed Britain Peakes as a director on its Board of Directors (Board), effective June 10, 2024. Ms. Peakes is a seasoned finance and investment professional with experience in both private and public markets. As a principal investor at Hoak & Co., she oversees a comprehensive range of responsibilities, including sourcing, due diligence, transaction negotiation and execution, portfolio management, and financial analysis across real estate, private equity, and public equity sector

The Fast-Casual Chain Sold More Than 110,000 Bowls of Steak Stroganoff During the First Two Weeks  BROOMFIELD, Colo., May 6, 2024 /PRNewswire/ -- Steak StroganOFF is still ON! Noodles & Company, the national fast-casual chain known for spreading Uncommon Goodness with its globally-inspired noodle bowls, best-in-class service, and values-centric culture, announced today that guests have completely sold out its best-selling LTO, Steak Stroganoff. On April 10, 2024, Noodles re-introduced Steak Stroganoff to its menu for a limited time, and in a few short weeks, the savored dish completely sold out at restaurants nationwide. More than 110,000 bowls of Steak Stroganoff were sold within the first

BROOMFIELD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that the Board has appointed Drew Madsen to serve as permanent Chief Executive Officer effective March 6, 2024. Mr. Madsen will continue to be a member of the Board of Directors. "On behalf of the entire board, we are thrilled Drew will be leading Noodles as CEO. As interim CEO, Drew quickly assessed our most important opportunities and has aligned the organization around five strategic priorities that are focused on driving traffic growth. As permanent CEO, he provides the business continuity necessary to execute on these priorities through 2024 and beyond," said Jeff Jones, Noodles & Co

Drew Madsen is appointed Interim CEO effective immediately; is a Board Director at Noodles, and a seasoned leader with deep experience in the restaurant industryBoard announces search for new permanent CEODave Boennighausen to depart the Company as CEO effective immediately BROOMFIELD, Colo., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS), today announced that the Board has appointed Noodles Board member Drew Madsen to serve as interim CEO effective immediately. Concurrently, the Board has initiated a comprehensive search for a new permanent CEO to lead the Company into its next phase of growth. Madsen's appointment follows the decision by the Board to transition to new

BROOMFIELD, Colo., May 30, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced the appointment of Thomas Lynch as a member of its Board of Directors effective immediately. Jeff Jones, Chairman of the Board of Noodles & Company commented, "On behalf of the entire Board, I welcome Tom Lynch back as a member of the Board. In his previous time as a director with us, Tom offered invaluable insight and expertise, and we look forward to similar contributions going forward. Tom's extensive experience with the brand and broader industry will be a tremendous asset for the Company and our stockholders." Mr. Lynch is the Senior Managing Director and Founder of Mill Road Capital,

BROOMFIELD, Colo., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for its third quarter ended October 1, 2024. Key highlights for the third quarter of 2024 versus the third quarter of 2023 include: Total revenue decreased 4.0% to $122.8 million from $127.9 million in the third quarter of 2023.Comparable restaurant sales decreased 3.3% system-wide, comprised of a 3.4% decrease at company-owned restaurants and a 2.9% decrease at franchise restaurants.Net loss was $6.8 million, or $0.15 loss per diluted share, compared to net income of $0.7 million, or $0.02 earnings per diluted share, in the third quarter of 2023.Operating margin was (3.

BROOMFIELD, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its third quarter 2024 financial results on Wednesday, November 6, 2024 at 4:30 p.m. ET. Drew Madsen, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with third quarter 2024 financial results will be issued after the market close that same day. To access the live conference call, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start time. The conference call will

BROOMFIELD, Colo., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for its second quarter ended July 2, 2024. Key highlights for the second quarter of 2024 versus the second quarter of 2023 include: Total revenue increased 1.8% to $127.4 million from $125.2 million in the second quarter of 2023.Comparable restaurant sales increased 2.0% system-wide, comprised of a 1.3% increase at company-owned restaurants and a 4.7% increase at franchise restaurants.Net loss was $13.6 million, or $0.30 loss per diluted share, compared to net loss of $1.3 million, or $0.03 loss per diluted share, in the second quarter of 2023.Operating margin was (9.0)%

BROOMFIELD, Colo., July 17, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its second quarter 2024 financial results on Wednesday, August 7, 2024 at 4:30 p.m. ET. Drew Madsen, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with second quarter 2024 financial results will be issued after the market close that same day. To access the live conference call, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start time. The conference call will

BROOMFIELD, Colo., May 08, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for its first quarter ended April 2, 2024. Key highlights for the first quarter of 2024 versus the first quarter of 2023 include: Total revenue decreased 3.7% to $121.4 million from $126.1 million in the first quarter of 2023.Comparable restaurant sales decreased 5.4% system-wide, comprised of a 5.7% decrease at company-owned restaurants and a 4.5% decrease at franchise restaurants.Net loss was $6.1 million, or $0.14 loss per diluted share, compared to net loss of $3.1 million, or $0.07 loss per diluted share, in the first quarter of 2023.Operating margin was (3.4)% c

BROOMFIELD, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its first quarter 2024 financial results on Wednesday, May 8, 2024 at 4:30 p.m. ET. Drew Madsen, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with first quarter 2024 financial results will be issued after the market close that same day. To access the live conference call, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start time. The conference call will also

BROOMFIELD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for the fourth quarter and fiscal year ended January 2, 2024, and provided a 2024 business outlook. Key highlights for the fourth quarter of 2023 (13 weeks) compared to the fourth quarter of 2022 (14 weeks) include: Total revenue decreased 8.9% to $124.3 million from $136.5 million. Adjusting for the impact of the 53rd week in the fourth quarter of 2022, total revenue decreased $3.1 million in the fourth quarter of 2023, or 2.4%.Comparable restaurant sales decreased 4.2% system-wide, including a 4.3% decrease for company-owned restaurants and a 3.6% decrease for franchi

BROOMFIELD, Colo., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its fourth quarter and full year 2023 financial results on Thursday, March 7, 2024 at 4:30 p.m. ET. Drew Madsen, Interim Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with fourth quarter and full year 2023 financial results will be issued after the market close that same day. To access the conference call live, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start ti

BROOMFIELD, Colo., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for its third quarter ended October 3, 2023. Key highlights for the third quarter of 2023 versus the third quarter of 2022 include: Total revenue decreased 1.2% to $127.9 million from $129.4 million in the third quarter of 2022.Comparable restaurant sales decreased 3.7% system-wide, comprised of a 4.3% decrease at company-owned restaurants and a 1.2% decrease at franchise restaurants.Net income was $0.7 million, or $0.02 per diluted share, compared to net income of $0.8 million, or $0.02 per diluted share, in the third quarter of 2022.Operating margin was 1.6% co

BROOMFIELD, Colo., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its third quarter 2023 financial results on Tuesday, November 7, 2023 at 4:30 p.m. ET. Dave Boennighausen, Chief Executive Officer, and Mike Hynes, Chief Financial Officer, will host the call. A press release with third quarter 2023 financial results will be issued after the market close that same day. To access the conference call live, please click on the registration link here to receive your personal dial-in and passcode. While not required, it is recommended that you join 10 minutes prior to the event start time. The conference c

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The Benchmark Company reiterated coverage of Noodles & Co with a rating of Buy and set a new price target of $4.00 from $5.00 previously

The Benchmark Company reiterated coverage of Noodles & Co with a rating of Buy and set a new price target of $5.00 from $6.00 previously

The Benchmark Company reiterated coverage of Noodles & Co with a rating of Buy and set a new price target of $6.00 from $8.00 previously

Stephens downgraded Noodles & Co from Overweight to Equal-Weight and set a new price target of $5.00 from $7.00 previously

Stephens initiated coverage of Noodles & Co with a rating of Overweight and set a new price target of $7.00

Piper Sandler downgraded Noodles & Co from Overweight to Neutral and set a new price target of $7.00 from $10.00 previously

Stephens & Co. reiterated coverage of Noodles with a rating of Overweight and set a new price target of $12.00 from $16.00 previously

Benchmark initiated coverage of Noodles with a rating of Buy and set a new price target of $15.00

The Benchmark Company initiated coverage of Noodles & Co with a rating of Buy and set a new price target of $15.00

Stephens & Co. initiated coverage of Noodles with a rating of Overweight and set a new price target of $18.00

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Truist Securities analyst Jake Bartlett maintains Noodles (NASDAQ:NDLS) with a Buy and maintains $4 price target.

Benchmark analyst Todd Brooks reiterates Noodles (NASDAQ:NDLS) with a Buy and maintains $3 price target.

Gainers Visionary Holdings (NASDAQ:GV) shares moved upwards by 35.3% to $0.4 during Thursday's regular session. The company's market cap stands at $20.4 million. Fitell (NASDAQ:FTEL) stock increased by 29.2% to $14.6. The market value of their outstanding shares is at $293.5 million. PlayAGS (NYSE:AGS) stock moved upwards by 28.01% to $11.47. The company's market cap stands at $461.1 million. As per the press release, Q1 earnings came out today. Noodles (NASDAQ:NDLS) shares moved upwards by 21.96% to $2.11. The market value of their outstanding shares is at $95.6 million. The company's, Q1 earnings came out yesterday. ATRenew (NYSE:RERE) shares increased by 21.42% to $2.98. The company'

Noodles (NASDAQ:NDLS) reported quarterly losses of $(0.13) per share which beat the analyst consensus estimate of $(0.17) by 23.53 percent. This is a 160 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $121.395 million which missed the analyst consensus estimate of $121.410 million by 0.01 percent. This is a 3.71 percent decrease over sales of $126.077 million the same period last year.

Benchmark analyst Todd Brooks maintains Noodles (NASDAQ:NDLS) with a Buy and lowers the price target from $4 to $3.

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Noodles & Company (NASDAQ:NDLS) On March 7, Noodles posted weaker-than-expected fourth-quarter results. Drew Madsen, Chief E

Gainers Cato (NYSE:CATO) shares rose 8.6% to $5.79 during Monday's after-market session. The market value of their outstanding shares is at $119.1 million. As per the press release, Q4 earnings came out 2 days ago. SunCar Tech Gr (NASDAQ:SDA) stock increased by 8.08% to $7.22. The market value of their outstanding shares is at $636.1 million. Noodles (NASDAQ:NDLS) stock rose 4.86% to $1.94. The market value of their outstanding shares is at $87.2 million. GreenTree Hospitality Gr (NYSE:GHG) shares moved upwards by 4.61% to $3.4. The company's market cap stands at $347.4 million. As per the press release, FY earnings came out today. Visionary Holdings (NASDAQ:GV) shares rose 4.52% to $0.

Benchmark analyst Todd Brooks maintains Noodles (NASDAQ:NDLS) with a Buy and lowers the price target from $5 to $4.