Noodles & Company 2Q profit falls 7.5%

Noodles & Company 2Q profit falls 7.5%

Slight decrease in same-store sales weighed down results

A slight decrease in same-store sales dragged down profits at 410-unit Noodles & Company for the second quarter ended July 1.

Revenue at the Broomfield, Colo.-based fast-casual operator rose 11.5 percent, to $99.5 million, from $89.2 million in the same quarter last year. Profits declined to $3.7 million, from $4 million the previous year.

Kevin Reddy, chairman and chief executive officer of Noodles & Company, expressed disappointment in the chain&rsq

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish