Turnarounds don’t happen overnight—and they don’t happen by accident. They’re built through a series of deliberate decisions, executed consistently. We’re proud to have partnered with the Noodles & Company team on menu innovation over the past several quarters—work that’s now translating into measurable impact.
Noodles & Company, which is in the middle of a turnaround plan, just reported Q4 revenue growth of 0.8% year-over-year, exceeding market expectations, while its systemwide same-store sales jumped by 6.6%. The results reflect progress on the menu innovation work that's been underway for several quarters, as well as the closure of dozens of underperforming restaurants. Noodles' net loss was $6.8 million but improved from a loss of $9.7 million a year ago. Adjusted EBITDA of $5.7 million to $6.3 million more than doubled prior-year results. For the full year, the company anticipates revenue between $478 million and $493 million, with restaurant contribution margins of 14.7% to 16.0%, indicating a positive outlook on cost control and profitability. "We have now had seven consecutive months of comparable restaurant sales growth over 4% with average monthly comp growth of over 7% during that timeframe," CEO Joe Christina said in a statement. "These results are a direct reflection of the progress we made and the deliberate decisions we took to strengthen the business. ... We have built meaningful momentum by focusing on the fundamentals and executing with discipline to elevate the guest experience. When great food, strong operations, and targeted marketing that connects with guests come together, performance follows and that’s what we are seeing come to fruition."