Noodles & Company ( (NDLS) ) has released its Q3 earnings. Here is a breakdown of the information Noodles & Company presented to its investors.
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Noodles & Company, a fast-casual restaurant chain known for its diverse noodle dishes, operates in the restaurant industry with a focus on globally inspired flavors and a people-first culture.
In its third quarter of 2025, Noodles & Company reported a slight decline in total revenue to $122.1 million, a 0.5% decrease from the previous year. Despite this, the company saw a positive trend in comparable restaurant sales, which increased by 4.0% system-wide.
Key financial metrics revealed a net loss of $9.2 million, impacted by $5.3 million in pre-tax restaurant impairments due to planned closures of underperforming locations. However, the company achieved a 32.7% increase in adjusted EBITDA, reaching $6.5 million, and improved its restaurant contribution margin to 13.2%.
Looking ahead, Noodles & Company remains optimistic, expecting total revenue for the full year 2025 to range between $492 million and $495 million. The company is also exploring strategic alternatives to maximize shareholder value, including potential refinancing or sale options.
Overall, Noodles & Company is focusing on enhancing its menu offerings and operational execution to drive growth, while strategically closing underperforming restaurants to improve profitability and maintain momentum in a challenging consumer environment.