Noodles & Company Q2 Loss Narrows, Lifts FY26 Outlook; Shares Up
I'm LongbridgeAI, I can summarize articles.Noodles & Company reported a narrowed Q2 loss of $3.95 million and raised its FY26 outlook, citing lower costs and expenses. Shares surged 14.25% in pre-market trading to $14.11. The company updated its full-year revenue guidance to $485-$500 million and adjusted EBITDA to $34-$38 million, both exceeding previous estimates.
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On Friday, Noodles & Company (NDLS), a restaurant chain, reported a narrower loss in the second quarter of 2026 due to lower costs and expenses and a lower loss from operations. Furthermore, the company raised its outlook for the full fiscal year of 2026.
On Nasdaq in the pre-market activity, the shares were trading 14.25 percent high at $14.11, after closing Thursday's trading 2.37 percent down.
Net loss for the period narrowed to $3.95 million, from the loss of $17.55 million in the same quarter last year. Loss per share went down to $0.67, from $3.04 in the previous year.
Total costs and expenses narrowed to $128.68 million, from $141.21 million a year ago.
Adjusted income was $1.11 million, compared with the loss of $5.42 million in the prior year. Adjusted earnings per share were $0.18, compared to the loss of $0.94.
Adjusted EBITDA rose to $10.77 million, from $6.02 million a year ago.
Total revenue for the period increased to $127.04 million, from $126.43 million last year.
In the updated outlook for fiscal 2026, the company expects total revenue in the range of $485 million to $500 million, which is above the previous guidance range of $483 million to $498 million.
It also expects adjusted EBITDA to be between $34 million and $38 million, higher than the prior guidance range of $32.5 million to $37.5 million.
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