Piper Jaffray Cuts Price Target on Noodles & Company (NDLS) to $6; Reiterates Underweight
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Jefferies Remains Sidelined on Noodles & Company (NDLS) Following 2Q - PT to $7
August 5, 2016 10:25 AM EDTJefferies maintained a Hold rating on Noodles & Company (NASDAQ: NDLS), and cut the price target to $7.00 (from $8.50), following the company's 2Q earnings report. New store performance represents the most significant headwind facing the company, as new stores volumes are only 80% of the system avg,... More
RBC Capital Cuts Price Target on Noodles & Company (NDLS) on New 216 Outlook
August 5, 2016 7:56 AM EDTRBC Capital maintained a Sector Perform rating on Noodles & Co. (NASDAQ: NDLS), and cut the price target to $8.00 (from $13.00), following the company's 2Q earnings report. NDLS lowered 2016 and 2017 EPS estimates from +$0.04 and +$0.11 to ($0.04) and ($0.05), respectively. The cut is based on an outlook... More
Noodles & Company (NDLS) Tops Q2 EPS by 1c
August 4, 2016 5:04 PM EDTNoodles & Company (NASDAQ: NDLS) reported Q2 EPS of ($0.03), $0.01 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $121.4 million, versus $115.4 million reported last year.
Comparable restaurant sales decreased 0.9% for company-owned restaurants, decreased 2.1% for franchise restaurants and decreased 1.0%... More
