NDLS - Noodles & Company GAAP EPS of $0.03 misses by $0.04 revenue of $131.1M beats by $0.19M
- Noodles & Company press release ( NASDAQ: NDLS ): Q2 GAAP EPS of $0.03 misses by $0.04 .
- Revenue of $131.1M (+4.4% Y/Y) beats by $0.19M .
- Comparable restaurant sales increased 5.1% system-wide, comprised of a 5.1% increase at company-owned restaurants and a 5.3% increase at franchise restaurants.
- Company Average Unit Volumes (“AUV”) of $1.42 million represented a 5.3% increase compared to the second quarter of 2021 and an 18.3% increase versus the second quarter of 2019.
- Adjusted EBITDA (1) was $11.2 million, a decrease of $2.6 million compared to the second quarter of 2021.
- Adjusted net income (1) was $2.4 million, or $0.05 per diluted share compared to adjusted net income of $6.0 million, or $0.13 per diluted share, in the second quarter of 2021.
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Noodles & Company GAAP EPS of $0.03 misses by $0.04, revenue of $131.1M beats by $0.19M