NOODLES & Co Q2 2026: Revenue $127M, EPS $(0.67) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.NOODLES & Co reported Q2 2026 revenue of $127M, up 0.5% YoY, driven by an 11.4% increase in company same-store sales and menu innovations. Net loss narrowed significantly to $3.95M, with diluted EPS improving to $(0.67) from $(3.04) in the prior year. The company continues operational restructuring, having closed 22 locations YTD, while cost trends improved through pricing and efficiency measures.
NOODLES & Co reported second-quarter 2026 results with revenue essentially flat year‑over‑year at $127M, while losses narrowed as net loss improved to $3.95M and diluted loss per share declined to $(0.67) versus the prior-year quarter.
Financial Highlights
- Revenue was $127M, compared with $126.4M in the prior-year quarter; YoY change 0.5%.
- Net income was $(3.95M), compared with $(17.55M) in the prior-year quarter; YoY change (77.5%).
- Diluted EPS was $(0.67), compared with $(3.04) in the prior-year quarter; YoY change (78%).
Business Highlights
- Total revenue was modestly up 0.5% driven by an 11.4% company same-store sales increase despite permanent restaurant closures.
- Higher mix of third‑party delivery raised delivery fees and off‑premise sales, which increased other restaurant operating costs.
- Menu innovation, including Delicious Duos and limited‑time offers such as Chili Garlic Ramen, helped drive traffic and a 15.9% increase in company average unit volumes.
- Operational restructuring continued: 22 company locations permanently closed year‑to‑date (52 over 12 months), with asset impairments recorded and an expectation of 8–13 additional closures in 2026.
- Cost trends improved with better cost of sales and labor margins through pricing, reduced waste and labor efficiencies that partially offset inflationary pressures.
Original SEC Filing: NOODLES & Co [ NDLS ] - 10-Q - Jul. 24, 2026
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