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AI brief of an SEC Form 8-K · NOODLES & Co (NDLS)

Noodles & Company Q1 net loss narrows to $3.4 million; raises 2026 outlook

Positive Impact 4 of 5 earnings Written later

Noodles & Company reported first-quarter 2026 results for the quarter ended March 31, 2026, with total revenue flat at $123.8 million, system-wide comparable restaurant sales up 9.1%, and a net loss of $3.4 million, or $0.58 per diluted share, versus a $9.1 million loss a year earlier. The company raised its fiscal 2026 revenue, restaurant contribution margin and Adjusted EBITDA guidance, and its strategic review of alternatives remains in process.

Key points

  • Total revenue was flat at $123.8 million; system-wide comparable restaurant sales rose 9.1%.
  • Net loss was $3.4 million, or $0.58 per diluted share, compared with $9.1 million, or $1.58 per share, in Q1 2025.
  • Adjusted EBITDA rose to $7.7 million from $2.4 million; fiscal 2026 Adjusted EBITDA guidance is $32.5 million to $37.5 million.
  • At March 31, 2026, cash was $1.4 million and outstanding debt was $106.8 million; the board's strategic review was announced September 3, 2025.

The filing

CompanyNOODLES & Co (NDLS)
Form8-K, current report
Filed with the SECMay 6, 2026, 4:09 PM ET
Accession number0001275158-26-000036

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.