Noodles & Company reported earnings results for the fourth quarter and full year ended January 02, 2024. For the fourth quarter, the company reported revenue was USD 124.32 million compared to USD 136.47 million a year ago. Net loss was USD 6.14 million compared to net income of USD 0.975 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.
For the full year, revenue was USD 503.41 million compared to USD 509.48 million a year ago. Net loss was USD 9.86 million compared to USD 3.31 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to USD 0.07 a year ago.