NDLS News and Press, Noodles & Company From 08/08/23

2023-08-08 08:15:00 ET Summary Strong new management team and Board of Directors could help Noodles & Company achieve its 20% margin and 7-10% unit growth goal after failing previously. Judging by the valuation, investors are not convinced the growth strategy will be successfu...

2023-07-26 14:33:14 ET Summary Fiesta Restaurant Group has received another Sell rating due to the challenging future for the company, with factors such as a potential economic downturn and a difficult situation in Florida. Despite slight improvements in revenues and EBITDA, the c...

2023-07-24 06:21:09 ET Summary Noodles & Company, a fast-casual restaurant known for its pasta dishes, has seen its stock decline significantly, dropping nearly 40% year to date. Despite having unique offerings and a strong digital sales strategy, the company faces stiff compe...

2023-07-22 09:57:01 ET The focus on the restaurant sector heats up next week as the Q2 earnings season begins, with McDonald's ( NYSE: MCD ) and Domino's Pizza ( DPZ ) due to step into the earnings confessional. Restaurant traffic and sales have been resilient this year, al...

BROOMFIELD, Colo., July 19, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ: NDLS) today announced that it will host a conference call to discuss its second quarter 2023 financial results on Wednesday, August 9, 2023 at 4:30 p.m. ET. Dave Boennighausen, Chief Executive Officer, and Mike Hy...

2023-06-30 10:59:44 ET The Supreme Court ruled by a 6-3 vote on Friday that the U.S. Education Department does not have the right to forgive student debt under the HEROES Act. The SCOTUS decision could have some ramifications in the consumer sector with high interest rates and other mac...

2023-06-26 16:19:44 ET Noodles & Company ( NASDAQ: NDLS ) said on Monday that it had appointed Michael Hynes as its chief financial officer, effective July 24. Hynes previously served as vice president of finance and accounting for Ruth’s Chris. Press Rel...

BROOMFIELD, Colo., June 26, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ: NDLS) today announced that Michael (“Mike”) Hynes has been named the Company’s Chief Financial Officer, effective July 24, 2023. “Mike brings a strong track record of driving resu...

2023-06-19 09:30:00 ET Since it first came to the public markets with a 100% gain in its 2006 debut, Chipotle Mexican Grill (NYSE: CMG) has been a stock market darling. It routinely trades north of 50 times earnings -- nearly double of most other restaurant stocks, or more. Shares h...

2023-06-15 11:46:31 ET Cava Group ( NYSE: CAVA ) opened for trading on Thursday at $42 per share. The Mediterranean fast-casual restaurant had priced its IPO at $22 per share on Wednesday, which was a boost from the initial $17 to $19 range. Cava ( CAVA ) plans to use procee...