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NDLS Price Correlated With Financials For Noodles

Free historical financial statements for Noodles. See how revenue, income, cash flow, and balance sheet financials have changed over 34 quarters since 2014. Compare with NDLS stock chart to see long term trends.

NDLS Stock Compared to Quarterly

NDLS Income Statement

Revenue, Net:131067000
Revenue Per Share:2.8567
Selling, General & Admin Expense:12744000
Total Operating Expenses:129189000
Operating Income:1878000
Income Taxes:44000
Net Income:1345000
Earnings Per Share, Basic:0.03
Shares Outstanding, Basic Avg:45881354

NDLS Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:5763000
Change in Accounts Receiveable:-458000
Net Cash from Operations:12103000
Net Cash from Operations Per Share:0.2638
Issuance of Long-term Debt:0
Net Cash from Financing Activities:-3603000
Property, Plant & Equipment Purchases:8312000
Net Cash from Investing Activities:-8312000
Net Change in Cash & Equivalents:188000

NDLS Balance Sheet

Cash and Cash Equivalents:1789000
Accounts Receivable, Net:3967000
Inventories:9930000
Total Current Assets:20495000
Property, Plant & Equipment, Net:124034000
Total Assets:338581000
Accounts Payable:15279000
Current Portion of Long-Term Debt:0
Total Short-Term Liabilities:69967000
Long Term Debt, Non-Current Portion:31142000
Total Liabilities:303694000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Mill Road Capital III, L.P.   10% Owner
113,371 sh at $5
$511,458
Buy
Mill Road Capital III, L.P.   10% Owner
145,656 sh at $5
$680,148
Buy
Mill Road Capital III, L.P.   10% Owner
304,719 sh at $5
$1,425,626
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
FMR LLC
6,855,756 sh
2,334 sh
0%
$40,929
-$21,231
Blackrock Inc.
2,504,073 sh
-7,145 sh
0%
$14,948
-$7,828
Vanguard Group Inc
1,997,126 sh
8,480 sh
0%
$11,923
-$6,114
Emerald Advisers, LLC
1,146,289 sh
130,763 sh
13%
$6,843
-$2,368
Emerald Mutual Fund Advisers Trust
1,033,310 sh
-90,965 sh
-8%
$6,169
-$4,028
Royce & Associates Lp
882,018 sh
284,300 sh
48%
$5,266
-$155
Prospector Partners LLC
822,733 sh
57,100 sh
7%
$4,912
-$2,032
Wasatch Advisors Inc
750,913 sh
-263,303 sh
-26%
$4,483
-$4,716
Geode Capital Management, LLC
706,139 sh
36,163 sh
5%
$4,215
-$1,861
Dimensional Fund Advisors LP
600,527 sh
-33,896 sh
-5%
$3,585
-$2,169
Awm Investment Company, Inc.
545,803 sh
65,400 sh
14%
$3,258
-$2,411
GW&K Investment Management, LLC
433,015 sh
126,785 sh
41%
$2,585
-$193
GW&K Investment Management, LLC
433,015 sh
126,785 sh
41%
$2,585
-$193
Northern Trust Corp
346,846 sh
-17,063 sh
-5%
$2,071
-$1,229
Charles Schwab Investment Management Inc
278,085 sh
5,558 sh
2%
$1,661
-$811
Invenire Partners, LP
263,217 sh
55,000 sh
26%
$1,571,405
-$317,123
Renaissance Technologies LLC
238,680 sh
10,000 sh
4%
$1,425
-$649
First Eagle Investment Management, LLC
165,178 sh
91,488 sh
124%
$986
$318
Arrowstreet Capital, Limited Partnership
161,500 sh
-185,648 sh
-53%
$964
-$2,185
Gsa Capital Partners Llp
131,079 sh
84,202 sh
180%
$783
$358
COMPANY PROFILE
Business Summary and Basis of Presentation Business

Noodles & Company (the “Company”), a Delaware corporation, develops and operates fast casual restaurants that serve globally inspired noodle and pasta dishes, soups, salads and appetizers. As of March 29, 2022, the Company had 453 restaurants system-wide in 30 states, comprised of 360 company-owned restaurants and 93 franchise restaurants. The Company operates its business as one operating and reportable segment.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements include the accounts of Noodles & Company and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying interim unaudited condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of the Company, all adjustments considered necessary for the fair presentation of the Company’s results of operations, financial position and cash flows for the periods presented have been included and are of a normal, recurring nature. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The results of operations for any interim period are not necessarily indicative of results for the full year. Certain information and footnote disclosures normally included in the Company’s annual consolidated financial statements on Form 10-K have been condensed or omitted. The condensed consolidated balance sheet as of December 28, 2021 was derived from audited financial statements. These financial statements should be read in conjunction with the audited financial statements and the related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 28, 2021.

Fiscal Year

The Company operates on a 52- or 53-week fiscal year ending on the Tuesday closest to December 31. The Company’s fiscal quarters each contain 13 operating weeks, with the exception of the fourth quarter of a 53-week fiscal year, which contains 14 operating weeks. Fiscal year 2022, which ends on January 3, 2023 contains 53 weeks and fiscal year 2021, which ended on December 28, 2021, contained 52 weeks. The Company’s fiscal quarter that ended March 29, 2022 is referred to as the first quarter of 2022, and the fiscal quarter ended March 30, 2021 is referred to as the first quarter of 2021.

Recent Accounting Pronouncements

In March 2020, the FASB issued ASU No. 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”). ASU 2020-04 is intended to provide temporary optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (“LIBOR”) and other interbank offered rates to alternative reference rates. The Company may elect to apply the amendments prospectively through December 31, 202 2. The Company is currently evaluating the impact this guidance may have on its consolidated financial statements and related disclosures.

Data imported from Noodles SEC filings. Check original filings before making any investment decision.