Revenue: As of FY2026 Q1, the actual value is USD 123.79 M, beating the estimate of USD 121.5 M.EPS: As of FY2026 Q1, the actual value is USD -0.58, beating the estimate of USD -2.16.EBIT: As of FY2026 Q1, the actual value is USD 1.786 M.<h4>First Quarter 2026 Financial Highlights (vs. First Quarter 2025)</h4><ul><li>Total revenue remained flat at $123.8 million. </li><li>Comparable restaurant sales increased 9.1% system-wide, with company-owned restaurants increasing 9.4% and franchise restaurants increasing 8.0%. </li><li>Net loss was -$3.4 million, compared to a net loss of -$9.1 million in the first quarter of 2025. </li><li>Operating margin improved to -0.7% from -5.2% in the prior year period. </li><li>Restaurant contribution margin was 14.9%, up from 10.3% in the first quarter of 2025. </li><li>Adjusted EBITDA increased 218% to $7.7 million, compared to $2.4 million in the first quarter of 2025. </li></ul><h4>Liquidity and Balance Sheet Data (as of March 31, 2026)</h4><ul><li>Available cash and cash equivalents were $1.4 million. </li><li>Outstanding debt totaled $106.8 million. </li><li>The amount available for future borrowings under its revolving credit facility was $15.2 million. </li><li>Total current assets were $18,060 thousand. </li><li>Total assets were $246,315 thousand. </li><li>Total current liabilities were $64,352 thousand. </li><li>Total long-term debt was $105,597 thousand. </li><li>Total liabilities were $294,358 thousand. </li><li>Total stockholders’ deficit was -$48,043 thousand. </li></ul><h4>Selected Operating Data (as of March 31, 2026)</h4><ul><li>Noodles &amp; Company had 320 company-owned restaurants and 80 franchise restaurants at the end of the period. </li><li>Company-owned average unit volume was $1,492 thousand. </li><li>Franchise average unit volume was $1,408 thousand. </li></ul><h4>Business Outlook for Fiscal Year 2026</h4>Noodles &amp; Company projects full-year 2026 total revenue between $483 million and $498 million, with comparable restaurant sales growth of 7.0% to 10.0%. Restaurant level contribution margins are anticipated to be 15.5% to 17.0%, and Adjusted EBITDA is expected to range from $32.5 million to $37.5 million. The company also plans for 30 to 35 company-owned and five franchised restaurant closures, alongside capital expenditures of $9.5 million to $10.5 million.

NOODLES | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 123.79 M