Noodles & Company (NDLS) Q1 Earnings Beat Estimates, Fall Y/Y
NDLSNoodles & pany(NDLS) Zacks Investment Research·2024-05-10 00:16

Noodles & Company (NDLS) reported mixed results in first-quarter fiscal 2024, with earnings topping the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line declined on a year-over-year basis. Following the results, the company’s shares fell 9.8% during after-hours trading on May 8.Earnings & Revenue DiscussionDuring the fiscal first quarter, the company reported an adjusted loss per share of 13 cents, narrower than the Zacks Consensus Estimate of a loss of 20 cents. The compa ...