Noodles & Company 3Q profit falls 12%

Noodles & Company 3Q profit falls 12%

IPO costs weigh on net income

Noodles & Company reported a 12-percent decline in third-quarter net income Wednesday, but said improvements in same-store sales indicate growing momentum for the chain.

The Broomfield, Colo.-based fast-casual operator reported a systemwide same-store sales increase of 1.7 percent during the quarter ended Sept. 30, a return to positive territory following declines in the second quarter of 0.6 percent at corporate units and 1.2 percent at franchised locations.

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