Noodles comp sales slightly worse than originally reported

|About: Noodles & Company (NDLS)|By:, SA News Editor

Noodles & Company (NDLS) corrects an earlier statement of preliminary Q4 results, expecting system-wide comparable store sales growth of 3.9%, not 4.3%. Comparable sales for company-owned restaurants are expected to be 4.3% higher, while those for franchised restaurants are expected to gain 1.5%.

Other figures are the same: Total revenue is expected to be up 17.4% to $91.5M, and 12 new restaurants opened in Q4 - 8 company-owned, and 4 franchised.

The numbers are less than hoped (the stock fell 5.3% in the regular session), and CEO Kevin Ruddy mentions "significant weather headwinds."