Retail  November 3, 2016

Noodles & Co. posts third-quarter revenue increase

BROOMFIELD — Noodles & Co., a fast-casual restaurant chain based in Broomfield, on Thursday reported a loss of $9.8 million, or 35 cents per share, for its third quarter that ended Sept. 27, the same amount lost during the third quarter of last year.

Noodles (Nasdaq: NDLS) posted a 4.6 percent increase in revenue of $122.7 million for the quarter, up from $117.3 million for the same quarter a year ago.

Fourteen new restaurants opened systemwide in the third quarter, including 12 company-owned restaurants and two franchise restaurants.

For the first three quarters, revenue increased $19.8 million, or 5.8 percent, to $358.1 million, compared…

Sign up for BizWest Daily Alerts
Closing in 8 seconds...