Noodles & Co. (NDLS) Misses Q2 EPS by 3c
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Noodles & Company Announces Second Quarter 2014 Financial Results
August 13, 2014 4:00 PM EDTBROOMFIELD, Colo., Aug. 13, 2014 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for its second quarter ended July 1, 2014.
Key highlights for the second quarter versus the same period a year ago include:
Total revenue increased 11.5% to $99.5 million from $89.2 million. Comparable restaurant sales decreased 0.6% for company-owned restaurants, 1.2% for franchise restaurants and 0.7% system-wide. Comparable restaurant sales, when adjusted for the Easter holiday shift, increased 0.3% for company-owned restaurants and 0.2% system-wide. Quarter-to-date Q3 2014 (through August 12th) company-owned comparable restaurant sales increased 1.3%. 16 new restaurants opened system-wide in Q2, including 12 company-owned... More