Noodles & Company (NDLS) Q4 Earnings & Revenues Lag Estimates

Noodles & Company (NDLS) reported dismal fourth-quarter fiscal 2023 results, with earnings and revenues missing Zacks Consensus Estimate. The top and the bottom line declined on a year-over-year basis. Following the results, the company’s shares fell 6% during after-hours trading on Mar 7.Earnings & Revenue DiscussionDuring the fiscal fourth quarter, the company reported adjusted loss per share of 7 cents, wider than the Zacks Consensus Estimate of a loss of 1 cent. The company reported an adjusted earnings ...