NASDAQ$NDLS
Noodles & Co · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Noodles & Company's Q2 2021 financial results were announced, showcasing significant revenue growth and improved profitability.
Noodles & Company reported a strong second quarter in 2021 with a 57% increase in total revenue to $125.6 million. Company-owned comparable restaurant sales increased by 55.7%, and system-wide comparable restaurant sales increased 56.8%. The company achieved a record average unit volume of $1.35 million and the highest restaurant contribution margin since 2014 at 18.9%. Net income was $5.7 million, or $0.12 per diluted share.
- Total revenue increased by 57% to $125.6 million.
- System-wide comparable restaurant sales grew by 56.8%.
- Company Average Unit Volumes reached a record $1.35 million, a 51.5% increase compared to Q2 2020.
- Restaurant contribution margin was 18.9%, the highest since Q4 2014.
Headline financials
Revenue & EPS history
Noodles & Co · Revenue · Quarterly
$126M
Revenue by segment
Noodles & Co · $126M total across 2 segments · Q2 2021
- Restaurant Revenue$124M—98.5%
- Franchising Royalties and Fees$1.93M—1.5%
Forward guidance
The Company is providing the following expectations for 2021: • 10 to 15 new restaurants system-wide in 2021, including eight to eleven company-owned locations; and • Capital expenditures of $20 million to $24 million in 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
-2.6%
Avg return
Earnings day
+0.4%
Avg return
5 days after
-0.1%
Avg return
30 days after
36%
18 / 50 earnings
Positive
+20.9%
Q1 2018
Best reaction
-28.8%
Q4 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +1.2% | +7.7% | — | |
| Q3 2025 | +13.6% | +15.2% | +48.5% | |
| Q1 2025 | -15.8% | -13.9% | -20.8% | |
| Q4 2025 | +13.6% | -3.2% | -10.4% | |
| Q3 2024 | -14.4% | -23.7% | -46.6% | |
| Q2 2024 | -13.7% | -0.6% | -13.0% | |
| Q1 2024 | +20.8% | +19.1% | +10.7% | |
| Q4 2023 | -10.8% | -20.3% | -38.2% | |
| Q3 2023 | +12.7% | +19.1% | +50.0% | |
| Q2 2023 | -3.5% | -3.9% | -16.9% | |
| Q1 2023 | -18.8% | -20.1% | -29.2% | |
| Q3 2022 | -6.0% | +5.7% | -7.0% | |
| Q2 2022 | +12.6% | +18.1% | +10.3% | |
| Q1 2022 | +14.9% | +20.2% | +34.2% | |
| Q4 2021 | -16.8% | -20.9% | -32.3% | |
| Q3 2021 | -3.5% | -2.8% | -15.8% | |
| Q2 2021 | +4.6% | +2.6% | +3.1% | |
| Q1 2021 | +14.3% | +13.8% | +22.2% | |
| Q4 2020 | -1.4% | +16.4% | +11.2% | |
| Q3 2020 | -14.4% | -20.4% | +1.4% | |
| Q2 2020 | +6.3% | +14.9% | +10.6% | |
| Q1 2020 | -4.0% | +4.7% | +45.1% | |
| Q4 2019 | -0.1% | -4.0% | -37.1% | |
| Q3 2019 | +6.2% | +16.7% | +8.8% | |
| Q2 2019 | -6.4% | -11.4% | -21.5% | |
| Q1 2019 | +14.2% | +9.2% | -4.3% | |
| Q4 2018 | -15.3% | -11.3% | -12.6% | |
| Q3 2018 | -24.3% | -23.0% | -25.7% | |
| Q2 2018 | -2.5% | -0.8% | -7.0% | |
| Q1 2018 | +20.9% | +32.4% | +27.7% | |
| Q4 2017 | +7.8% | +18.0% | +15.6% | |
| Q3 2017 | +2.3% | +9.3% | +9.3% | |
| Q2 2017 | -6.3% | -5.0% | +21.2% | |
| Q1 2017 | -2.7% | -14.5% | -26.5% | |
| Q4 2016 | +6.6% | -5.3% | +51.3% | |
| Q3 2016 | -8.8% | -14.3% | -8.8% | |
| Q2 2016 | -5.8% | -7.9% | -11.2% | |
| Q1 2016 | -2.6% | — | — | |
| Q4 2015 | -2.4% | — | — | |
| Q3 2015 | -13.2% | — | — | |
| Q2 2015 | -19.2% | — | — | |
| Q1 2015 | -17.3% | — | — | |
| Q4 2014 | -28.8% | — | — | |
| Q3 2014 | +15.9% | — | — | |
| Q2 2014 | -16.5% | — | — | |
| Q1 2014 | -10.3% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q4 2013 | +5.4% | — | — | |
| Q3 2013 | -11.7% | — | — | |
| Q2 2013 | -8.3% | — | — | |
| Q1 2013 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro