Noodles & Company Announces Third Quarter 2026 Financial Results

NOODLES & Co (NDLS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Noodles & Company Announces Third Quarter 2026 Financial Results Third Quarter 2026 Comparable Restaurant Sales Increased 9.5% System-Wide Broomfield, Colo ., November 13, 2026 (GLOBE NEWSWIRE) - Noodles & Company (Nasdaq: NDLS) today announced financial results for

Event · Earnings
Also in this documentGuidance · $485M–$495M

Facts are quoted from the filing text and checked against it. Details that could not be matched to the text are left out.

Original reporting
Published Nov 13, 2026, 12:45 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 13, 2026, 12:48 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$NDLS
Neutral
high confidence
Mentioned
$NDLS
Relevance
7/10
AlphAI data visualization · based on SEC EDGAR 8-K
Decision brief

The 30-second read

$NDLSNeutralMed
01

Why it matters

The earnings release provides fresh data on sales momentum and margin expansion, offering traders a basis for short‑term positioning.

02

Market read

The report delivers new earnings data and guidance, creating a modest trading opportunity in NDLS.

03

What to watch

Higher debt levels and modest cash balance may constrain future flexibility.

Relevance 7/10Novelty 8/10Timing: pre‑market today

Background

Noodles & Company filed a Form 8‑K reporting its third‑quarter 2026 financial results and updated its full‑year outlook.

Company-level read

Ticker impact

$NDLSNeutralHigh confidence
Context

Noodles & Company reported Q3 2026 results with revenue down 1% but comparable sales up 9.5% and updated full-year guidance ranges.

Expected impact

likely modest upward pressure as investors price in improved margins and updated guidance.

Evidence & confidence

Revenue decline is small, comparable sales accelerated, margins expanded, and the company issued updated guidance that is consistent with prior expectations, supporting a neutral‑to‑positive reaction.

Market effects

Improved restaurant‑sector fundamentals may lift peers with similar comparable‑sales growth.

US restaurant and consumer discretionary stocks could see modest gains.

Limited to US equity markets; no broader macro effect.

Counterpoint

The revenue decline could signal weakening demand, suggesting a cautious stance.

Key entities

  • Noodles & Company

    Restaurant chain reporting Q3 2026 results.

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Noodles & Company tightens 2026 outlook to $35M-$37M adjusted EBITDA as ramen becomes a permanent menu category

Noodles & Company (NDLS) updated its 2026 adjusted EBITDA outlook to $35M-$37M, citing strong sales momentum. CEO Joseph Christina reported 9.5% system-wide comparable sales growth, driven by 10.7% growth at company-owned restaurants, including 7.8% traffic growth, marking eight consecutive quarters of positive growth. The company also announced ramen as a permanent menu category.

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Noodles & Company’s turnaround is a work in progress

Noodles & Company reported mixed Q3 results with 9.5% same-store sales growth and 7.8% traffic increase, but revenue declined 1.0% to $120.9M and net loss was $2.1M. The company is closing stores for long-term gains, with AUVs up 15.2% and restaurant margins at 16.7%. Debt stands at $101M with $1.5M in cash, and stock fell 12% post-results.

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Noodles & Company’s turnaround remains a work in progress

Noodles & Company reported mixed Q3 results, with 9.5% same-store sales growth and 7.8% traffic increase, but revenue declined 1.0% to $120.9M and net loss narrowed to $2.1M. The company closed 14 stores, aiming for 41-44 closures by 2026, and plans to focus on menu innovation and marketing. Despite improvements in AUVs and margins, debt remains at $101M with $1.5M in cash. Stock fell 12% post-results.

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Noodles & Company Finds Success by Getting Smaller

Noodles & Company reported a 9.5% increase in same-store sales for Q3, driven by restaurant closures, menu innovations, and operational improvements. Adjusted EBITDA rose 34% to $8.7M. The company plans further closures and new menu items in 2027, aiming for full-year revenue of $485M-$495M and adjusted EBITDA of $35M-$37M.

$NDLSMed

What Noodles & Company (NDLS) Said on Its Q3 Earnings Call

Noodles & Company (NDLS) reported a 5.5% rise in comparable sales in October, driven by its new ramen offerings, which accounted for a double-digit percentage of product mix. The company tightened its full-year 2026 guidance, projecting revenue of $485M to $495M and comparable sales growth of 9% to 10%. NDLS also expects to reduce debt to $100M by year-end and extended its credit facility's maturity date to Nov. 30, 2027.