Noodles & Company Announces First Quarter 2015 Financial Results

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BofA/Merrill Lynch Downgrades Noodles & Co. (NDLS) to Underperform

May 7, 2015 7:24 AM EDT

BofA/Merrill Lynch downgraded Noodles & Co. (NASDAQ: NDLS) from Neutral to Underperform with a price target of $16.00 (from $23.00).

For an analyst ratings summary and ratings history on Noodles & Co. click here. For more ratings news on Noodles & Co. click here.

Shares of Noodles & Co. closed at $16.70 yesterday.

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Noodles & Co. (NDLS) PT Cut to $17 at RBC Capital

May 6, 2015 9:46 AM EDT

RBC Capital analyst David Palmer cut his price target on Noodles & Co. (NASDAQ: NDLS) to $17.00 (from $20.00) and reiterated an Sector Perform rating following weak Q1 results.

"We are lowering our EPS estimates and price target given our reduced outlook for 2015 earnings and the lack... More

Noodles & Company (NDLS) Has Challenging 1Q, Jefferies Says

May 6, 2015 8:07 AM EDT

Jeffries maintains a Buy rating for Noodles & Company (NASDAQ: NDLS) but decreases the price target to $22 (from $27) following results. With issues stemming from brand, competition, and impact, management took EPS guide down to flat year for 2015. The company's current promo "Buff Bowls" (low... More

Noodles & Company (NDLS) Misses Q1 EPS by 2c

May 5, 2015 4:01 PM EDT

Noodles & Company (NASDAQ: NDLS) reported Q1 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $105.8 million versus the consensus estimate of $108.74 million.

Comparable restaurant sales increased 0.8% for company-owned restaurants, 1.4% for franchise restaurants and 0.9% system-wide.

For earnings... More