US-based fast-casual chain Noodles & Firm has introduced a slight decline in whole income, reported to be $126.4m, within the second quarter (Q2) ended 1 July 2025. That is 0.7% down from the $127.4m recorded in the identical quarter of the earlier 12 months.
The chain reported a internet lack of $17.6m – a $0.38 loss per diluted share – towards a internet lack of $13.6m, or $0.30 loss per diluted share in Q2 2024.
Regardless of the dip in income, the chain noticed 1.5% system-wide comparable restaurant gross sales progress with each company-owned and franchise eating places contributing to the rise.
The working margin for the quarter was reported at 11.7%, in comparison with 9% within the earlier 12 months’s Q2.
The restaurant contribution margin additionally noticed a lower to 12.8% from 15.5%. Adjusted earnings earlier than curiosity, taxation, depreciation and amortisation had been $6m, down from $9.2m within the comparable quarter of 2024.
In the course of the quarter, the chain opened a brand new company-owned restaurant, closed six areas and noticed the closure of two franchise eating places.
As of 1 July 2025, Noodles & Firm had $2.3m in money and money equivalents, with excellent debt of $108.3m.
It has revised its full-year steerage for fiscal 2025, anticipating whole income to be between $487m and $495m, together with a comparable restaurant gross sales progress of between 2.5% and 4%.
Restaurant-level contribution margins are projected to vary from 11.8% to 12.6%, with normal and administrative bills estimated between $48m and $50m.
The corporate additionally expects to incur depreciation and amortisation prices of $27m to $29m, internet curiosity bills of $10.5m to $11.5m, and capital expenditures of $12 million to $13m.
The forecast contains the opening of two new company-owned eating places and the closure of between 28 and 32 company-owned eating places.
The chain operates 450 eating places and employs 7,000.
It not too long ago introduced a management transition, with Joseph D Christina to imagine the position of president and CEO on 31 August 2025.
Outgoing CEO Drew Madsen acknowledged: “Our gross sales and site visitors moderated after the preliminary profitable rollout of our new menu because of the robust value-conscious local weather in addition to slower visitor adoption of the upgrades made to a few of our historic menu objects.
“Our new Scrumptious Duos value-focused platform, which launched initially of August, is off to a terrific begin. Comparable restaurant gross sales have elevated to a mean of constructive 5% over the previous two weeks, demonstrating that our value-focused initiatives are resonating with company.”
“Noodles & Firm reviews minor income dip in Q2 2025” was initially created and printed by Verdict Meals Service, a GlobalData owned model.