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.

Register to view the full article

Register to view this article

Hide 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.