Noodles & Company (NDLS) Misses Q1 EPS by 4c

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Go back to Noodles & Company (NDLS) Misses Q1 EPS by 4c

Noodles & Company Announces First Quarter 2020 Financial Results

May 6, 2020 4:05 PM EDT

Continues to Leverage Strong Off-Premise CapabilitiesStrong Sales First Ten Weeks of Year Offset by COVID-19 Impact In Latter March

BROOMFIELD, Colo., May 06, 2020 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for its first quarter ended March 31, 2020.

Key highlights for the first quarter of 2020 versus the first quarter of 2019 include:

Total revenue decreased 8.8% to $100.3 million from $110.0 million, primarily due to the decrease in comparable restaurant sales as a result of mandated dining room closures in response to COVID-19 as well as the... More