Noodles zeros in on sales guidance and revenue, income slightly slip

BROOMFIELD — Noodles & Co. (Nasdaq: NDLS), the Broomfield-based fast-casual pasta chain, saw its year-over-year sales and net income slide a bit in the third quarter of 2023. 

Total revenue for the most recent period was $127.9 million, down from $129.4 million in the third quarter of 2022.

Noodles posted net income of $700,000 in the third quarter of 2023, down from $800,000 in the same quarter last year. 

Four new company-owned restaurants opened in the most recent period, while one franchise location closed. Noodles ended the third quarter with 468 restaurants system-wide:  377 company-owned restaurants and 91 franchise operations.