Noodles & Company Announces Second Quarter 2020 Financial Results

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Noodles & Company (NDLS) Tops Q2 EPS by 3c

August 6, 2020 5:24 PM EDT

Noodles & Company (NASDAQ: NDLS) reported Q2 EPS of ($0.18), $0.03 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $80.2 million versus the consensus estimate of $77.81 million.

Comparable restaurant sales decreased 30.9% system-wide, comprised of a 30.1% decrease at company-owned restaurants and a 35.4% decrease at franchise restaurants.

Digital sales grew 135% and accounted for 74% of... More