Noodles & Company (NASDAQ: NDLS) reported Q3 EPS of ($0.10), $0.02 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $122.1 million versus the consensus estimate of $126.24 million.

GUIDANCE:

Noodles & Company sees FY2025 revenue of $492-495 million, versus the consensus of $489.4 million.
Restaurant level contribution margins of 12.3% to 12.7%;
General and administrative expenses of $48 million to $49 million, inclusive of stock-based compensation expense of approximately $3.3 million;
Depreciation and amortization of $28 million to $29 million;
Net interest expense of approximately $11 million;
New restaurant openings: two company-owned;
Restaurant closures: 31 to 34 company-owned restaurants and 7 to 8 franchise restaurants; and
Capital expenditures of $12 million to $13 million.

For earnings history and earnings-related data on Noodles & Company (NDLS) click here.