Noodles & Company (NDLS) Reports In-Line Q3 EPS; Comps Rise 5.5%
Noodles & Company (NASDAQ: NDLS) reported Q3 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $116.7 million versus the consensus estimate of $114.76 million. Comparable restaurant sales increased 5.5% system-wide, including a 5.2% increase for company-owned restaurants and a 7.6% increase for franchise restaurants.
GUIDANCE:
Noodles & Company sees FY2018 EPS of $0.01-$0.04, versus the consensus of $0.03. Noodles & Company sees FY2018 revenue of $457-460 million, versus the consensus of $455.86 million. Positive systemwide comparable restaurant sales of 3.5% to 4.0%;
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