Rises on improving same-store sales

Noodles & Co

17/06/2020 22:04

** Shares of restaurant chain  NDLS.O  rise 6.6% to $5.52
after the bell 
    ** Co says comparable restaurant sales have improved
meaningfully now compared to the period when the coronavirus
outbreak started  urn:newsml:reuters.com:*:nGNX3rkQLt
    ** Adds as of June 16, ~20% of restaurant locations had
re-opened dining rooms after shutting down in late March and co
will continue to open the remaining dining rooms as appropriate
    ** NDLS says digital sales continued to strengthen and were
67% of overall sales, for the week ending June 16 vs 31% of
overall sales for Q1, 2020
    ** Stock down 6.5% YTD

 (Reporting by Ayanti Bera in Bengaluru)
 ((Ayanti.Bera@thomsonreuters.com; 646 223 8780 - 3401;))