StockWatch
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Restaurants
Quarterly ResultJul 24, 2026, 07:02 AM

Noodles & Co Q2 Adjusted EBITDA +79%; Raises FY26 Guidance

AI Summary

Noodles & Company announced strong financial results for its second quarter ended June 30, 2026, with total revenue increasing 0.5% to $127.0 million and system-wide comparable restaurant sales up 10.3%. The company significantly reduced its net loss to $4.0 million from $17.6 million in the prior year and saw Adjusted EBITDA jump 79% to $10.8 million. Due to this strong performance, Noodles & Company has raised its full-year 2026 guidance for revenue, margins, and Adjusted EBITDA, while continuing its strategic review process.

Key Highlights

  • Total revenue increased 0.5% to $127.0 million in Q2 2026.
  • System-wide comparable restaurant sales increased 10.3%.
  • Net loss improved to $4.0 million from $17.6 million year-over-year.
  • Operating margin improved to (1.2)% from (11.7)% in Q2 2025.
  • Restaurant contribution margin rose to 17.2% from 12.8% in Q2 2025.
  • Adjusted EBITDA increased 79% to $10.8 million.
  • Raised full-year 2026 total revenue guidance to $485M-$500M.
  • Raised full-year 2026 Adjusted EBITDA guidance to $34M-$38M.