Noodles & Company (NDLS) Misses Q1 EPS by 1c

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Noodles & Company Announces First Quarter 2018 Financial Results

May 10, 2018 4:05 PM EDT

BROOMFIELD, Colo., May 10, 2018 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for its first quarter ended April 3, 2018.

Key highlights for the first quarter of 2018 versus the same quarter a year ago include:

Total revenue decreased 5.3% to $110.5 million from $116.7 million, due primarily to the closure of 55 restaurants during the first quarter of 2017, partially offset by additional restaurant openings since the beginning of 2017.Net loss was $3.6 million, or $0.09 loss per diluted share, compared to net loss of $26.8 million, and net loss attributable to common... More