Restaurant chain Noodles & Co Q2 revenue rises, net loss narrows
Reuters2026/07/24 11:11
Overview
U.S. fast-casual chain's Q2 revenue rose 0.5% yr/yr, with system-wide comp sales up 10.3%
Adjusted EBITDA for Q2 rose 79% yr/yr; net loss narrowed to $4.0 mln
Company raised 2026 guidance for revenue, margins, and adjusted EBITDA
Outlook
Company raises 2026 revenue guidance to $485 mln-$500 mln
Noodles Co sees 2026 comparable restaurant sales growth of 8%-11%
Company expects 2026 adjusted EBITDA of $34 mln-$38 mln
Result Drivers
MENU AND MARKETING - Co said improved menu offerings and more effective marketing contributed to sales and margin gains
PORTFOLIO OPTIMIZATION - Co cited success of its portfolio optimization program as a driver of improved results
STRONG TRAFFIC GROWTH - Co said strong traffic growth continued, with comp sales growth exceeding fast-casual Black Box index over last 12 months
Company press release: ID:nGNX2BQKf0
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q2 Revenue |
Beat |
$127 mln |
$119.40 mln (1 Analyst) |
Q2 Adjusted EPS |
Beat |
$0.18 |
-$0.05 (1 Analyst) |
Q2 Net Loss |
|
$4 mln |
|
Q2 Adjusted EBITDA |
Beat |
$10.80 mln |
$8.90 mln (1 Analyst) |
Q2 Comparable restaurant sales Growth |
|
10.30% |
|
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the restaurants bars peer group is "buy."
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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