Noodles & Company (NDLS) Reports In-Line Q4 EPS; Issues Light FY16 EPS Outlook
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Noodles & Company Announces Fourth Quarter and Fiscal Year 2015 Financial Results
February 25, 2016 4:06 PM ESTBROOMFIELD, Colo., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ: NDLS) today announced financial results for the fourth quarter and fiscal year ended December 29, 2015.
Key highlights for the fiscal year of 2015 include:
Total revenue increased 12.8% to $455.5 million compared to fiscal year 2014.   Comparable restaurant sales decreased 0.2% for company-owned restaurants, 0.9% for franchise restaurants and 0.3% system-wide. 70 new restaurants opened system-wide in 2015, including 51 company-owned and 19 franchise restaurants.16 company-owned and one franchise restaurant were closed in the fourth quarter.GAAP net loss of $13.8 million, which includes pre-tax closure, impairment,... More