Noodles & Company Announces Management and Board Changes and Preliminary Second Quarter Results

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Jefferies Remains Sidelined on Noodles & Company (NDLS) Following 2Q and CEO Departure

July 27, 2016 8:43 AM EDT

Jefferies maintained a Hold rating on Noodles & Co. (NASDAQ: NDLS), and cut the price target to $8.50 (from $10.00), following the company's 2Q. On thop of the company's reported SSS weakness, NDLS also announced that CEO Kevin Reddy has stepped down and will be leaving the... More