The restaurant chain reported a loss of $3.95 million, or 67 cents per share, marking a sharp improvement from the $17.6 million loss, or $3.04 per share, recorded during the same period last year. Revenue reached $127 million, a modest 0.5% increase that belies the stronger performance within individual locations. Company-owned restaurants saw sales climb 11.4%, while franchise locations posted a 5.5% increase.
In section Market Quotes
Noodles & Company Shares Surge as Quarterly Losses Shrink
Investors pushed Noodles & Company stock up 28% to $15.86 following a second-quarter report that revealed a significantly narrowed net loss. The chain’s market value has now more than doubled since January, fueled by a 10.3% systemwide jump in comparable-restaurant sales and a stabilizing revenue stream.
Chief Executive Joe Christina attributed the turnaround to a combination of operational discipline and strategic refinement. He pointed to improved menu offerings, targeted marketing efforts, and the ongoing portfolio-optimization program as the primary drivers of these financial gains. Looking ahead, the company issued optimistic guidance, projecting fiscal 2026 revenue to land between $485 million and $500 million, supported by anticipated comparable-restaurant sales growth of 8% to 11%.
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