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BROOMFIELD, Colo. - Noodles & Company (NASDAQ:NDLS) shares gained 4.4% after the fast-casual restaurant chain provided better-than-expected revenue guidance for fiscal year 2025, despite reporting wider losses in the fourth quarter of 2024.
The company posted a Q4 loss of -$0.21 per share, missing analyst estimates of -$0.10 per share. Revenue declined 2% YoY to $121.8 million, slightly below the consensus of $124.38 million. System-wide comparable restaurant sales increased 0.8% in the quarter.
For fiscal year 2025, Noodles & Company expects revenue between $503 million to $512 million, surpassing analyst projections of $494.4 million. The outlook includes mid-single digit comparable restaurant sales growth.
"Fourth quarter earnings reflected an improvement over our third quarter trends," said CEO Drew Madsen. He noted that positive momentum has continued, with comparable sales growth over 3% in the first eight weeks of Q1 2025.
The company plans to launch nine new menu items next week as part of a "comprehensive menu transformation" supported by increased marketing investment.
For full-year 2024, Noodles & Company reported a net loss of -$36.2 million, or -$0.80 per share, compared to a loss of -$9.9 million, or -$0.21 per share, in 2023. Total (EPA:TTEF) revenue decreased 2% to $493.3 million.
The stock’s 4.4% gain suggests investors are focusing on the company’s optimistic 2025 outlook despite the wider Q4 losses.
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