Noodles & Co
NASDAQ:NDLS
Income Statement
Earnings Waterfall
Noodles & Co
Revenue
|
503.4m
USD
|
Cost of Revenue
|
-373.3m
USD
|
Gross Profit
|
130.1m
USD
|
Operating Expenses
|
-126.8m
USD
|
Operating Income
|
3.4m
USD
|
Other Expenses
|
-13.2m
USD
|
Net Income
|
-9.9m
USD
|
Income Statement
Noodles & Co
Dec-2013 | Apr-2014 | Jul-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
351
N/A
|
359
+2%
|
369
+3%
|
387
+5%
|
404
+4%
|
420
+4%
|
436
+4%
|
447
+3%
|
456
+2%
|
464
+2%
|
470
+1%
|
475
+1%
|
488
+3%
|
490
+1%
|
482
-2%
|
473
-2%
|
457
-4%
|
450
-1%
|
455
+1%
|
457
+1%
|
458
+0%
|
457
0%
|
460
+1%
|
462
+0%
|
462
+0%
|
453
-2%
|
413
-9%
|
400
-3%
|
394
-2%
|
403
+2%
|
448
+11%
|
468
+4%
|
475
+2%
|
478
+1%
|
484
+1%
|
488
+1%
|
510
+4%
|
523
+3%
|
517
-1%
|
516
0%
|
503
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(240)
|
(246)
|
(254)
|
(268)
|
(280)
|
(293)
|
(305)
|
(316)
|
(327)
|
(336)
|
(346)
|
(353)
|
(365)
|
(369)
|
(361)
|
(351)
|
(336)
|
(330)
|
(333)
|
(335)
|
(336)
|
(336)
|
(337)
|
(337)
|
(334)
|
(328)
|
(305)
|
(297)
|
(295)
|
(301)
|
(327)
|
(339)
|
(347)
|
(354)
|
(362)
|
(370)
|
(384)
|
(391)
|
(387)
|
(383)
|
(373)
|
|
Gross Profit |
111
N/A
|
113
+2%
|
115
+2%
|
119
+3%
|
124
+4%
|
127
+3%
|
131
+3%
|
131
+0%
|
128
-2%
|
128
-1%
|
124
-3%
|
122
-1%
|
123
+0%
|
121
-1%
|
120
-1%
|
122
+1%
|
121
-1%
|
121
0%
|
122
+1%
|
122
+0%
|
121
-1%
|
121
0%
|
124
+2%
|
125
+1%
|
128
+2%
|
125
-3%
|
108
-13%
|
104
-4%
|
98
-5%
|
102
+4%
|
122
+19%
|
128
+5%
|
128
0%
|
124
-3%
|
121
-2%
|
118
-3%
|
125
+7%
|
132
+5%
|
131
-1%
|
133
+2%
|
130
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(95)
|
(98)
|
(95)
|
(99)
|
(103)
|
(108)
|
(112)
|
(117)
|
(120)
|
(123)
|
(124)
|
(131)
|
(143)
|
(143)
|
(140)
|
(132)
|
(117)
|
(115)
|
(115)
|
(115)
|
(114)
|
(113)
|
(114)
|
(114)
|
(115)
|
(115)
|
(112)
|
(112)
|
(112)
|
(112)
|
(115)
|
(116)
|
(117)
|
(117)
|
(117)
|
(117)
|
(120)
|
(123)
|
(124)
|
(125)
|
(127)
|
|
Selling, General & Administrative |
(75)
|
(76)
|
(73)
|
(76)
|
(78)
|
(82)
|
(85)
|
(89)
|
(92)
|
(95)
|
(96)
|
(103)
|
(115)
|
(116)
|
(114)
|
(106)
|
(93)
|
(91)
|
(92)
|
(91)
|
(91)
|
(91)
|
(92)
|
(92)
|
(93)
|
(93)
|
(90)
|
(90)
|
(90)
|
(90)
|
(93)
|
(94)
|
(94)
|
(95)
|
(94)
|
(94)
|
(97)
|
(99)
|
(99)
|
(100)
|
(100)
|
|
Depreciation & Amortization |
(21)
|
(21)
|
(22)
|
(24)
|
(25)
|
(26)
|
(27)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(27)
|
(26)
|
(25)
|
(24)
|
(24)
|
(23)
|
(23)
|
(23)
|
(23)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(25)
|
(25)
|
(27)
|
|
Operating Income |
15
N/A
|
15
-1%
|
20
+32%
|
20
-3%
|
20
+4%
|
19
-4%
|
19
-4%
|
15
-22%
|
9
-41%
|
5
-41%
|
(0)
N/A
|
(8)
-2 000%
|
(20)
-140%
|
(22)
-8%
|
(20)
+10%
|
(10)
+48%
|
4
N/A
|
6
+74%
|
6
+3%
|
7
+17%
|
7
-3%
|
8
+6%
|
10
+25%
|
11
+15%
|
13
+21%
|
10
-24%
|
(4)
N/A
|
(8)
-105%
|
(14)
-65%
|
(10)
+27%
|
7
N/A
|
12
+79%
|
12
-4%
|
7
-39%
|
4
-39%
|
1
-74%
|
5
+391%
|
9
+74%
|
7
-28%
|
8
+13%
|
3
-56%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(7)
|
(7)
|
(24)
|
(30)
|
(25)
|
(36)
|
(21)
|
(47)
|
(68)
|
(60)
|
(68)
|
(37)
|
(17)
|
(21)
|
(13)
|
(12)
|
(10)
|
(6)
|
(5)
|
(9)
|
(9)
|
(9)
|
(9)
|
(7)
|
(7)
|
(5)
|
(5)
|
(6)
|
(6)
|
(8)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(8)
|
|
Pre-Tax Income |
11
N/A
|
12
+8%
|
18
+49%
|
18
-3%
|
19
+5%
|
12
-38%
|
11
-9%
|
(10)
N/A
|
(23)
-123%
|
(22)
+4%
|
(38)
-78%
|
(32)
+15%
|
(70)
-118%
|
(94)
-33%
|
(84)
+11%
|
(82)
+2%
|
(38)
+54%
|
(15)
+61%
|
(19)
-28%
|
(10)
+49%
|
(9)
+9%
|
(7)
+22%
|
(1)
+93%
|
3
N/A
|
2
-36%
|
(2)
N/A
|
(16)
-627%
|
(20)
-28%
|
(23)
-14%
|
(19)
+17%
|
(0)
+99%
|
5
N/A
|
4
-20%
|
(1)
N/A
|
(5)
-538%
|
(9)
-76%
|
(3)
+63%
|
0
N/A
|
(3)
N/A
|
(3)
N/A
|
(10)
-278%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(8)
|
(8)
|
(7)
|
(4)
|
(4)
|
4
|
9
|
8
|
8
|
2
|
(1)
|
(3)
|
(0)
|
(0)
|
14
|
14
|
14
|
14
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Income from Continuing Operations |
7
|
7
|
11
|
10
|
11
|
7
|
7
|
(6)
|
(14)
|
(13)
|
(31)
|
(31)
|
(72)
|
(96)
|
(84)
|
(82)
|
(24)
|
(1)
|
(5)
|
5
|
(9)
|
(7)
|
(1)
|
3
|
2
|
(2)
|
(16)
|
(21)
|
(23)
|
(19)
|
(0)
|
5
|
4
|
(1)
|
(5)
|
(9)
|
(3)
|
0
|
(3)
|
(3)
|
(10)
|
|
Net Income (Common) |
7
N/A
|
7
+7%
|
11
+47%
|
10
-4%
|
11
+12%
|
7
-38%
|
7
-6%
|
(6)
N/A
|
(14)
-130%
|
(13)
+3%
|
(31)
-128%
|
(31)
N/A
|
(72)
-134%
|
(97)
-35%
|
(92)
+5%
|
(90)
+2%
|
(45)
+50%
|
(21)
+53%
|
(18)
+14%
|
(9)
+51%
|
(8)
+6%
|
(7)
+20%
|
(0)
+94%
|
3
N/A
|
2
-41%
|
(2)
N/A
|
(16)
-579%
|
(21)
-26%
|
(23)
-13%
|
(19)
+17%
|
(0)
+99%
|
5
N/A
|
4
-20%
|
(1)
N/A
|
(5)
-629%
|
(9)
-76%
|
(3)
+63%
|
0
N/A
|
(3)
N/A
|
(3)
-4%
|
(10)
-265%
|
|
EPS (Diluted) |
0.22
N/A
|
0.24
+9%
|
0.35
+46%
|
0.34
-3%
|
0.37
+9%
|
0.23
-38%
|
0.22
-4%
|
-0.23
N/A
|
-0.48
-109%
|
-0.49
-2%
|
-1.1
-124%
|
-1.1
N/A
|
-2.58
-135%
|
-3.45
-34%
|
-2.25
+35%
|
-2.19
+3%
|
-1.2
+45%
|
-0.51
+58%
|
-0.44
+14%
|
-0.19
+57%
|
-0.21
-11%
|
-0.17
+19%
|
-0.02
+88%
|
0.05
N/A
|
0.04
-20%
|
-0.06
N/A
|
-0.37
-517%
|
-0.46
-24%
|
-0.53
-15%
|
-0.43
+19%
|
-0.01
+98%
|
0.09
N/A
|
0.08
-11%
|
-0.02
N/A
|
-0.11
-450%
|
-0.19
-73%
|
-0.07
+63%
|
0
N/A
|
-0.06
N/A
|
-0.06
N/A
|
-0.21
-250%
|