Noodles & Company (NDLS) Tops Q1 EPS by 2c, Revenues Beat, Comp. Sales Up 3%; Raises FY19 EPS/Revenue Guidance Above Consensus

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Noodles & Company Announces First Quarter 2019 Financial Results

May 9, 2019 4:06 PM EDT

BROOMFIELD, Colo., May 09, 2019 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for its first quarter ended April 2, 2019.

Key highlights for the first quarter of 2019 versus the first quarter of 2018 include:

Total revenue decreased 0.4% to $110.0 million from $110.5 million, primarily due to the lower restaurant count.Comparable restaurant sales increased 3.0% system-wide, comprised of a 3.0% increase at company-owned restaurants and a 2.8% increase at franchise restaurants.Net loss was... More