noodles and co

Noodles & Company considers closing underperforming restaurants

Operator looks for ways to strengthen its finances as same-store sales struggle

Noodles & Company is considering closing some underperforming restaurants as it looks for ways to strengthen its financial position amid continued weak sales.

The Denver-based fast-casual operator, which is slowing new unit growth and looking for a new CEO, said Thursday that the bottom 10 percent of its restaurants had negative cash flow of $2.6 million in the third quarter ended Sept. 27.

Noodles & Company has 455 company-owned locations, with 10 percent of t

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