Noodles & Company (NDLS) Misses Q2 EPS by 1c

Noodles & Company (NASDAQ: NDLS) reported Q2 EPS of $0.01, $0.01 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $117.4 million versus the consensus estimate of $114.16 million.

Comparable restaurant sales increased 5.4% system-wide, including a 5.0% increase for company-owned restaurants and an 8.0% increase for franchise restaurants. The Company estimates comparable sales in the quarter benefited from the impact of the shift in the timing of the Easter and 4th of July holidays by approximately 100 basis points (“bps”).

GUIDANCE:

Noodles & Company sees FY2018 EPS of $0.00-$0.03, versus the consensus of $0.02. Noodles & Company sees FY2018 revenue of $450-455 million, versus the consensus of $451 million.

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

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