Restaurant chain Noodles & Co Q2 revenue rises, net loss narrows

Noodles & Co

24/07/2026 12:11

    

    Overview
  
U.S. fast-casual chain's Q2 revenue rose 0.5% yr/yr, with system-wide comp sales up 10.3%
Adjusted EBITDA for Q2 rose 79% yr/yr; net loss narrowed to $4.0 mln
Company raised 2026 guidance for revenue, margins, and adjusted EBITDA

    

    Outlook
  
Company raises 2026 revenue guidance to $485 mln-$500 mln
Noodles & Co sees 2026 comparable restaurant sales growth of 8%-11%
Company expects 2026 adjusted EBITDA of $34 mln-$38 mln

    

    Result Drivers
  
MENU AND MARKETING - Co said improved menu offerings and more effective marketing contributed to sales and margin gains
PORTFOLIO OPTIMIZATION - Co cited success of its portfolio optimization program as a driver of improved results
STRONG TRAFFIC GROWTH - Co said strong traffic growth continued, with comp sales growth exceeding fast-casual Black Box index over last 12 months

    
Company press release: ID:nGNX2BQKf0

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
$127 mln
$119.40 mln (1 Analyst)
Q2 Adjusted EPS
Beat
$0.18
-$0.05 (1 Analyst)
Q2 Net Loss
 
$4 mln
 
Q2 Adjusted EBITDA
Beat
$10.80 mln
$8.90 mln (1 Analyst)
Q2 Comparable restaurant sales Growth
 
10.30%
 

    

    Analyst Coverage
  
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the restaurants & bars peer group is "buy."

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)