Noodles & Company Announces Fourth Quarter and Full Year 2024 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
0mins
Source: Globenewswire
Financial Performance Overview: Noodles & Company reported a 2% decrease in total revenue for Q4 2024 compared to Q4 2023, with a net loss of $9.7 million and an operating margin of -6%. For the fiscal year 2024, total revenue also decreased by 2%, resulting in a net loss of $36.2 million.
Business Outlook for 2025: The company anticipates total revenue between $503 million and $512 million for 2025, aiming for mid-single-digit comparable restaurant sales growth, while planning to close 12 to 15 company-owned restaurants and four franchise locations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
