Noodles & Company (NDLS) Reports In-Line Q3 EPS; Comps Rise 5.5%
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Noodles & Company Announces Third Quarter 2018 Financial Results
October 23, 2018 4:01 PM EDTBROOMFIELD, Colo., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for its third quarter ended October 2, 2018.
Key highlights for the third quarter of 2018 versus the third quarter of 2017 include:
Total revenue increased 2.2% to $116.7 million from $114.2 million.Comparable restaurant sales increased 5.5% system-wide, including a 5.2% increase for company-owned restaurants and a 7.6% increase for franchise restaurants.Net income(1) was $1.1 million, or $0.02 income per diluted share, compared to a net loss of $8.3 million, or $0.20 loss per diluted share.Adjusted net income(2) was $1.9 million, or $0.04... More