Noodles & Company (NDLS) Stock

Noodles & Company (NDLS) is a Consumer Discretionary stock trading at $11.40 (as of 2026-07-17), with a market capitalization of $67.17M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Noodles & Company develops and operates fast-casual restaurants offering made-to-order menu items such as noodles and pasta, soups, salads, and appetizers. The company operated a mix of company-owned and franchise locations across 29 states, serving guests who dine in at its restaurants.

Understand Noodles & Company: how it makes money

Noodles & Company develops and operates fast-casual restaurants, selling cooked-to-order noodles and pasta, soups, salads, and appetizers, and it mainly makes money from revenue generated by its company-owned restaurants.

Because most reported revenue comes from company-owned restaurant revenue, Noodles & Company’s profit engine largely depends on company-owned comparable restaurant sales and the cost pressures tied to running those locations (including occupancy costs and the delivery mix).

Business quality (Mixed): Clear operating linkage to restaurant performance (company-owned comparable sales and restaurant cost drivers), but profitability is currently weak (negative operating margin), so cost and sales execution matter heavily.

Bull case

  • Sales momentum at the restaurant level: The company-owned comparable restaurant sales metric is shown at 7.3 percent, and system-wide same-store sales are shown at 5.4 percent.
  • Restaurant-scale revenue base is the core: Reported revenue is driven primarily by company-owned restaurant revenue, aligning growth with the operating asset.

Bear case

  • Profitability is under pressure: Operating margin is shown as -0.7 for the latest period provided.
  • Cost mix sensitivity: Delivery is shown as 30.9 percent of sales and occupancy costs are shown as 0.01, both of which can pressure margins if they rise faster than sales.
  • Temporary disruption has a measurable effect: The segment candidate includes an estimated revenue impact from temporary closures (0.01).
Valuation — source: SEC EDGAR (first-party)
Price$11.40
Market Cap$67.17M
Price / Sales0.14
FCF Yield-3.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$495.09M
Net Margin-8.6%
Revenue Growth (YoY)-0.0%
EPS Growth (YoY)190.0%
FCF Growth (YoY)253.3%
Financial Health — source: SEC EDGAR
Altman Z-Score0.21 (distress)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)21.6
Industry P/E (Restaurants, Hotels & Motels)26.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderMill Road Capital Management LLC ($7.44M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryRestaurants, Hotels & Motels
CEOJoseph D. Christina
Employees7,300
CountryUS
IPO Date2013-06-28

Related Companies (Business model: Restaurant Operator / Franchisor; 8 closest by market cap; US-domiciled)

  • Jack in the Box Inc. (JACK)
  • RCI Hospitality Holdings, Inc. (RICK)
  • Red Robin Gourmet Burgers, Inc. (RRGB)
  • Flanigan's Enterprises, Inc. (BDL)
  • LiveOne, Inc. (LVO)
  • The ONE Group Hospitality, Inc. (STKS)
  • Ark Restaurants Corp. (ARKR)
  • Good Times Restaurants Inc. (GTIM)
NDLS earnings history · NDLS institutional & insider holders · NDLS KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.