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Noodles & Company improves profitability through store reductions and menu restructuring

QSR · ·by G4L

NDLS
NDLS Noodles & Company
$12.15 -11.64%
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  1. 1Noodles & Company recorded a 9.5% increase in comparable store sales for the third quarter.
  2. 2Noodles & Company achieved a 10.7% increase in company-owned restaurant sales in the third quarter.
  3. 3CEO Joe Christina said changes in the operating model are appearing.

So what's the key point?

Noodles & Company saw a 9.5% increase in sales by reducing the number of stores and changing the menu. The changes to the operating model are resulting in improved profitability.

Source QSR · View original ↗

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Noodles & Company Reports $120.9 Million in Third Quarter Revenue The Motley Fool +1 · 19h agoNoodles & Company shares rise 5.02% on Q3 earnings beat Investing.com +2 · 21h agoNoodles Company expects revenue decline and widening losses ahead of Q3 earnings release Earnings Whispers · 6d ago
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