Noodles & Company cuts FY25 revenue view to $487M-$495M from $503M-$512M

Consensus $509.46M. Sees FY25 comparable restaurant sales up 2.5%-4%. Sees FY25 capital expenditures $12M-$13M. Madsen concluded, “As I transition from my role as CEO, I remain incredibly optimistic about Noodles’ future. I believe that Joe Christina is absolutely the right leader to guide this brand forward. His fresh perspective, combined with his proven CEO experience at two restaurant concepts, positions him very well to build on the foundation we’ve established and drive sustainable growth. I’m confident that under Joe’s leadership, Noodles will continue to strengthen its position as the best choice for customers looking to satisfy their comfort food cravings. I look forward to supporting the company’s success as a continuing Board member.”