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Noodles & Co. (NDLS)
NASDAQ:NDLS
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2018
|% Change Since: -28.33%
|Next Earnings Date:Jul 18, 2018
Earnings Call Sentiment|Neutral
The earnings call highlights several positive aspects such as successful menu innovations, growth in the digital and loyalty ecosystems, and catering business growth. However, these are offset by significant challenges, including a decline in revenue, issues with third-party delivery, and reduced restaurant contribution margins. The sentiment is balanced between progress in strategic areas and financial struggles.Company Guidance
During the earnings call for Q3 2024, Noodles & Company provided guidance with several key metrics. The company revised its full-year revenue expectations to between $487 million and $495 million, with a projected decrease in comparable restaurant sales of 3% to 1.5%. The restaurant-level contribution margin for the year is anticipated to be between 12.7% and 13.3%. General and administrative expenses are expected to range from $51 million to $53 million, including approximately $4.5 million in stock-based compensation. The company also expects depreciation and amortization expenses between $28 million and $30 million and interest expenses between $8 million and $9 million. Notably, capital expenditures for 2024 are forecasted to be between $29 million and $31 million, and for 2025, they are expected to drop significantly to less than $15 million. Despite the challenges, Noodles & Company aims to achieve positive free cash flow by 2025, bolstered by strategic adjustments and reduced capital expenditures.Menu Innovation Success
Introduction of three new menu items in October led to improved traffic trends, with traffic improving from a run rate of approximately minus 6% to just minus 0.8% in the fourth quarter to date.
Digital and Loyalty Ecosystem
Digital channels account for 55% of total sales, with loyalty members representing 26% of total sales and spending twice as much as non-loyalty members.
Catering Business Growth
Catering business grew from 1.2% of sales in 2023 to 1.7% year-to-date in 2024, with system-wide sales up 27% versus last year.
Operational Improvements
Management turnover is now below industry average, and guest satisfaction has improved by 10 percentage points over the last six months.
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NDLS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NDLS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $1.20 | $1.01 | -15.83% |
| Aug 07, 2024 | $1.46 | $1.39 | -4.79% |
| May 08, 2024 | $1.73 | $2.15 | +24.28% |
| Mar 07, 2024 | $2.45 | $2.24 | -8.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Noodles & Co. (NDLS) report earnings?
Noodles & Co. (NDLS) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Noodles & Co. (NDLS) earnings time?
Noodles & Co. (NDLS) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NDLS EPS forecast?
NDLS EPS forecast for the fiscal quarter 2024 (Q4) is -0.13.
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