Banking & Finance  October 27, 2021

Noodles puts a fork in Wall Street estimates

BROOMFIELD — Noodles & Co. (Nasdaq: NDLS) continued its forward momentum in the third quarter of fiscal year 2021, surpassing Wall Street earnings estimates as the company bounces back from a pandemic-plagued 2020.

“We are very pleased to report another quarter of record high average unit volumes, reflecting the continued momentum of the Noodles & Co. brand and our ability to remain resilient in volatile market conditions,” Noodles CEO Dave Boennighausen said in a statement that accompanied the fast-casual eatery chain’s quarterly report. “Our results in the third quarter were driven by strength across all channels, with continued retention in our…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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