Noodles Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

$NDLS
Restaurants
Consumer Discretionary
Get the next $NDLS alert in real time by email

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 his continued employment with the Company on such vesting dates.

About Noodles & Company

Since 1995, Noodles & Company has been serving guests Uncommon Goodness and noodles your way, with noodles and flavors you know and love and new ones you're about to discover. From indulgent Wisconsin Mac & Cheese to better-for-you Zoodles, Noodles serves a world of flavor in every bowl. Made up of more than 450 restaurants and 8,000 passionate team members, Noodles is dedicated to nourishing and inspiring every guest who walks through the door. To learn more or find the location nearest you, visit www.noodles.com.

Contacts:

Investor Relations

investorrelations@noodles.com

Danielle Moore

Press@noodles.com



Primary Logo

Get the next $NDLS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$NDLS

DatePrice TargetRatingAnalyst
3/12/2024$5.00 → $4.00Buy
The Benchmark Company
8/11/2023$6.00 → $5.00Buy
The Benchmark Company
7/5/2023$8.00 → $6.00Buy
The Benchmark Company
5/19/2023$7.00 → $5.00Overweight → Equal-Weight
Stephens
9/23/2022$7.00Overweight
Stephens
3/18/2022$10.00 → $7.00Overweight → Neutral
Piper Sandler
2/24/2022$16.00 → $12.00Overweight
Stephens & Co.
11/12/2021$15.00Buy
Benchmark
More analyst ratings

$NDLS
Press Releases

Fastest customizable press release news feed in the world

See more
  • Noodles & Company Unveils Fully Reimagined Menu with Bold New Flavors and a Fresh, Modern Brand Experience

    After nearly 30 years of perfecting the art of noodles, Noodles & Company embarks on a new chapter with a dedicated Mac & Cheese menu, craveable new dishes, reimagined favorites, and elevated ingredients BROOMFIELD, Colo., March 12, 2025 /PRNewswire/ -- No one knows noodles like Noodles & Company (NASDAQ:NDLS) and now, the fast-casual restaurant is marking a new beginning with its reinvented menu. Starting today, guests can visit Noodles locations nationwide to experience vibrant new flavors, inspired ingredients, and fresh takes on the classic dishes they love, with two-thirds of the menu new or improved.

    $NDLS
    Restaurants
    Consumer Discretionary
  • Noodles Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

    BROOMFIELD, Colo., March 10, 2025 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) (the "Company") today announced that its Board of Directors (the "Board") granted an equity award to Joe Christina as an equity inducement award outside of the Company's 2023 Stock Incentive Plan and material to Mr. Christina'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. Christina's appointment as President and Chief Operating Officer, the Company granted Mr. Christina an award of 160,000 time-based RSUs. One-fourth of the RSUs will vest on each anniversary of Mr. Christina's start date, s

    $NDLS
    Restaurants
    Consumer Discretionary
  • Noodles & Company Announces Fourth Quarter and Full Year 2024 Financial Results

    BROOMFIELD, Colo., March 06, 2025 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024, and provided a 2025 business outlook. Key highlights for the fourth quarter of 2024 compared to the fourth quarter of 2023 include: Total revenue decreased 2.0% to $121.8 million from $124.3 million.Comparable restaurant sales increased 0.8% system-wide, including a 0.5% increase for company-owned restaurants and a 1.9% increase for franchise restaurants.Net loss was $9.7 million, or $0.21 loss per diluted share, compared to net loss of $6.1 million, or $0.14 loss per diluted share.Operating margin was (6.0

    $NDLS
    Restaurants
    Consumer Discretionary

$NDLS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$NDLS
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$NDLS
SEC Filings

See more

$NDLS
Leadership Updates

Live Leadership Updates

See more
  • Noodles & Company Names Joe Christina as President and Chief Operating Officer

    BROOMFIELD, Colo., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced the appointment of Joe Christina as its President and Chief Operating Officer. A seasoned restaurant executive with more than three decades of leadership experience, Christina will oversee operations and human resources and help further elevate the Noodles & Company experience for both guests and team members. "Joe is a highly accomplished leader with deep operational expertise and a proven track record of driving growth and innovation in the restaurant industry," said Drew Madsen, Chief Executive Officer at Noodles & Company. "His experience as both a CEO and operations leader makes him u

    $NDLS
    Restaurants
    Consumer Discretionary
  • Start the New Year with Steak Stroganoff: Noodles & Company's Fan-Favorite is Back--Get It While It's StroganON!

    Flavor-Packed Favorite Returns at Noodles, Delivering Nostalgic Comfort and Craveable Flavor For a Limited Time BROOMFIELD, Colo., Jan. 15, 2025 /PRNewswire/ -- Steak Stroganoff is once again Steak StroganON! Noodles & Company (NASDAQ:NDLS), the fast-casual chain known for delivering Uncommon Goodness, is kicking off the New Year with flavor, announcing the highly anticipated return of Steak Stroganoff. Beginning today for a limited time, guests can enjoy Steak Stroganoff at all Noodles locations nationwide, in restaurants, or by placing an order through the Noodles mobile app or third-party delivery.  

    $NDLS
    Restaurants
    Consumer Discretionary
  • Celebrate the Holidays at Noodles & Company with the Return of CrispiDays: Four New Festive Flavors You Won't Want to Miss!

    Experience Craveable Moments this Season with Weekly Limited-Edition Crispy Drops, Available All Month Long  BROOMFIELD, Colo., Dec. 2, 2024 /PRNewswire/ -- Noodles & Company (NASDAQ:NDLS), the fast-casual brand known for delivering Uncommon Goodness, is serving up holiday cheer with the return of its fan-favorite Holiday CrispiDays celebration. Starting today, guests can enjoy a new limited-edition Holiday Crispy flavor each week, adding a festive twist to its renowned classic treat. These exclusive flavors will drop every Monday throughout the month, spreading joy one Crispy at a time.

    $NDLS
    Restaurants
    Consumer Discretionary

$NDLS
Financials

Live finance-specific insights

See more
  • Noodles & Company Announces Fourth Quarter and Full Year 2024 Financial Results

    BROOMFIELD, Colo., March 06, 2025 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024, and provided a 2025 business outlook. Key highlights for the fourth quarter of 2024 compared to the fourth quarter of 2023 include: Total revenue decreased 2.0% to $121.8 million from $124.3 million.Comparable restaurant sales increased 0.8% system-wide, including a 0.5% increase for company-owned restaurants and a 1.9% increase for franchise restaurants.Net loss was $9.7 million, or $0.21 loss per diluted share, compared to net loss of $6.1 million, or $0.14 loss per diluted share.Operating margin was (6.0

    $NDLS
    Restaurants
    Consumer Discretionary
  • Noodles & Company to Announce Fourth Quarter and Full Year 2024 Results on March 6, 2025

    BROOMFIELD, Colo., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS) today announced that it will host a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, March 6, 2025 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 fourth quarter and full year 2024 financial results will be issued after the market close that same day. The conference call can be accessed live over the phone by dialing 201-389-0920. A replay will be available after the call and can be accessed by dialing 412-317-6671; the passcode is 13750888. The replay will be available

    $NDLS
    Restaurants
    Consumer Discretionary
  • Noodles & Company Announces Third Quarter 2024 Financial Results

    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.

    $NDLS
    Restaurants
    Consumer Discretionary

$NDLS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more