Overview
- On January 12, the company confirmed plans to shutter 30 to 35 restaurants in 2026, with specific sites yet to be named.
- Noodles & Company closed 42 locations in 2025 (33 company-owned and nine franchised), ending the year with 423 restaurants nationwide.
- Based on the announced cuts, the total restaurant count could fall below 400 by the end of 2026.
- The stock traded below $1 this week, at about $0.84 on January 16, following prior Nasdaq compliance issues tied to sub-$1 pricing stretches.
- CEO Joe Christina pointed to more than 7% fourth-quarter sales growth at company-owned restaurants as support for focusing investment on stronger units.