Noodles & Company (NDLS) Misses Q2 EPS by 8c, provides guidance
Noodles & Company (NASDAQ: NDLS) reported Q2 EPS of ($0.12), $0.08 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $126.4 million versus the consensus estimate of $128.03 million.
GUIDANCE:
Noodles & Company sees FY2025 revenue of $487-495 million, versus the consensus of $509.5 million.
Restaurant level contribution margins of 11.8% to 12.6%;
General and administrative expenses of $48 million to $50 million, inclusive of stock-based compensation expense of approximately $3.0 million;
Depreciation and amortization of $27 million to $29 million;
Net interest expense of $10.5 million to $11.5 million;
New restaurant openings: two company-owned;
Restaurant closures: 28 to 32 company-owned restaurants; and
Capital expenditures of $12 million to $13 million.
For earnings history and earnings-related data on Noodles & Company (NDLS) click here.
