Noodles & Company reports a slight revenue decline in Q2 2025, with total revenue at $126.4m, down 0.7% from the previous year. The chain also experienced a net loss of $17.6m, compared to $13.6m in Q2 2024. Despite this, system-wide comparable restaurant sales grew by 1.5%. Operating margin increased to 11.7% from 9% in the previous year. Adjusted earnings dropped to $6m from $9.2m. The chain opened a new restaurant, closed six locations, and saw two franchise closures. As of July 1, 2025, Noodles & Company had $2.3m in cash and $108.3m in debt. The company revised its full-year guidance for fiscal 2025, with revenue expected to be $487m-$495m and comparable sales growth of 2.5%-4%. Restaurant-level contribution margins are projected to range from 11.8%-12.6%, with expenses estimated between $48m-$50m. The company anticipates depreciation, interest expenses, and capital expenditures as well. The forecast includes opening two new restaurants and closing 28-32 company-owned locations. The chain employs 7,000 people and operates 450 restaurants. Joseph D Christina is set to become the new president and CEO on August 31, 2025. Outgoing CEO Drew Madsen mentioned that sales slowed due to a value-conscious climate and slower guest adoption of menu upgrades. The new value-focused platform, Delicious Duos, has seen positive results with a 5% increase in comparable restaurant sales over the past two weeks.

Read more at Yahoo Finance: Noodles & Company reports minor revenue dip in Q2 2025