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Noodles & Company

Fast-casual restaurant serving globally inspired dishes

Overview

Noodles & Company runs fast-casual restaurants that offer globally inspired, made-to-order dishes. Their menu includes items like classic mac and cheese, Italian pasta, Asian noodles, and fresh salads, all prepared quickly for in-store dining, takeout, or catering. The food is cooked fresh to order, with an emphasis on quality ingredients and a diverse range of flavors. The company differentiates itself through its broad, globally inspired menu, ethical sourcing and animal-welfare standards, and a strong focus on customer satisfaction and inclusion. They also maintain a loyalty program that rewards repeat customers and help drive repeat visits. With more than 450 locations across 26 states, the company aims to serve a wide audience, from families to young professionals. Overall, its goal is to nourish and inspire every team member, guest, and community it serves by upholding quality, responsible sourcing, and community-focused values.

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About Noodles & Company

Simplify's Rating
Why Noodles & Company is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Food & Agriculture

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Broomfield, CO

Founded

1995

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What believers are saying

  • Q2 2026 comparable sales rose 10.3%, and company traffic climbed 7.6%.
  • Full-year 2026 guidance rose to $485-$500 million revenue and $34-$38 million EBITDA.
  • Las Cruces opened Sept. 23, 2026, marking New Mexico entry and area growth.

What critics are saying

  • Noodles plans 30-35 company closures in 2026, shrinking its base and disrupting staff.
  • Debt was $105.4 million on June 30, 2026, against $1.3 million cash.
  • Debt matures July 27, 2027; failed refinancing triggers distress or forced sale.

What makes Noodles & Company unique

  • Noodles & Company is the only national brand dedicated to noodles, per Sept. 23, 2026.
  • Globally inspired menus let it win both mac-and-cheese and ramen occasions in one visit.
  • Franchise partnerships, like Tsunami Enterprises in New Mexico, accelerate low-capital expansion.

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Funding

Total Funding

$31.5M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Pet Insurance
  • Paid Vacation
  • Paid Holidays
  • Parental Leave
  • Adoption Assistance
  • 401(k) Company Match
  • Employee Stock Purchase Plan
  • Professional Development Budget
  • Training Programs

Stock Price

Company News

Louis Velazquez
Oct 17th, 2026
Noodles & Company overhauls menu after dozens of locations close.

Noodles & Company overhauls menu after dozens of locations close. Fast-casual chain Noodles & Company has been busy over the last two years implementing plans to improve the performance of its locations, which has included the closure of restaurants, launch of a review of strategic alternatives, and an overhaul of its menu. Looking to drive more foot traffic to its restaurants, Noodles & Company added a new permanent ramen noodle category to its menu after a limited-time offer became one of the most successful launches in the 31-year-old chain's history. Noodles & Company launched its new menu category with its Gochujang Carbonara Ramen Noodles, Sweet Sesame Steak Ramen Noodles, and Spicy Korean Steak Ramen Noodles, and said that it would rotate new ramen creations into the lineup over time, the company said in an Oct. 14 statement. Noodles & Company permanently adds ramen noodle bowls to its menu. Noodles & Company adds ramen to menu. The initial menu's Gochujang Carbonara Ramen Noodles, Sweet Sesame Steak Ramen Noodles will be offered for a limited time, but ramen will remain a permanent menu category with new creations rotating into the lineup. Noodles & Company made ramen a permanent part of its menu after its limited-time offer, Chili Garlic Ramen, generated over 156,000 new-guest visits to the brand, the statement said. "The incredible response to Chili Garlic Ramen showed us that our guests are hungry to see what Noodles can do with ramen," Noodles & Company Interim Chief Marketing Officer Dwayne Chambers said in a statement. "Ramen gives us an exciting new way to build on 30 years of noodle expertise, bringing guests the comfort they love while continuing to surprise them with bold flavors and unexpected twists. Making ramen a permanent part of our menu is just the beginning of what we can do with this incredibly versatile noodle," Chambers said. Company revamps menu. Noodles & Company launched a menu overhaul in March 2025, which added six new items to its menu: Buffalo Chicken Ranch Mac & Cheese, Garlic Bacon Crunch Mac & Cheese, Pulled Pork BBQ Mac & Cheese, Cajun Shrimp Fettuccine, Green Goddess Cobb Salad, and Lemon Parmesan Broccoli. The company also added Steak Stroganoff and Chili Garlic Ramen bowls to the menu subsequently in 2025. Noodles & Company currently doesn't feature the popular Chili Garlic Ramen on its menu, however. The company added three new menu items in 2024: Lemon Garlic Shrimp Scampi, Crispy Chicken Bacon Alfredo, and Chipotle Chicken Cavatappi. "We've spent more than 30 years exploring what's possible with noodles, and ramen gives us another incredible canvas for flavor and creativity," Tina Massey, Noodles & Company's vice president of culinary R&D, said in the statement. Variety of noodles offered. Noodles & Company will add the ramen bowls to its existing pasta and noodle dishes that include Spaghetti and Meatballs, Lemon Garlic Shrimp Scampi, Rigatoni Rosa with Parmesan Chicken, Creamy Cheddar Mac & Cheese, and others. The launch of its new menu comes over a year after launching a review of strategic alternatives in September 2025 and just months after Noodles & Company announced the closure of dozens of underperforming locations across the country. Chain closing 40 locations in 2026. Noodles & Company said it would close up to 40 restaurant locations in 2026, including 30 to 35 company owned and five franchised stores, according to its business outlook released in its second quarter financial results on July 24. The company expects to open just one franchise location in 2026, the quarterly report said. The restaurant closings in 2026 follow the shuttering of 33 underperforming locations in 2025, according to Restaurant Business. Noodles & Company began a review of its strategic alternatives on Sept. 3, 2025, and the review remains ongoing. It included a potential refinancing of existing indebtedness that matures on July 27, 2027; a refranchising or sale of all or part of the business; or other strategic or financial transactions.

Basis
Sep 30th, 2026
Winners announced! The 2026 AdExchanger Awards.

Winners announced! The 2026 AdExchanger Awards. "The AdExchanger Awards celebrate the organizations, technologies and teams driving measurable impact across today's advertising ecosystem. On September 28, more than 250 senior leaders from across advertising, media and ad tech gathered in New York City for the 2026 AdExchanger Awards Gala during Programmatic I/O New York, celebrating the industry's most impactful work at the New York Marriott Marquis." Basis, along with its client Noodles & Company, was a winner in the Best Account Support category! This is the sixth time Basis has won an AdExchanger Award. Basis also received an honorary mention with its client Innocean for the Best Use of Data category. Read the full list of winners and honorees on AdExchanger.

PR Newswire
Sep 23rd, 2026
Noodles & Company opens first New Mexico location in Las Cruces

Noodles & Company has opened its first restaurant in New Mexico, located in Las Cruces at 3497 Northrise Drive. The restaurant began serving customers on 23 September, offering made-to-order dishes including Creamy Cheddar Mac & Cheese, Japanese Pan Noodles, and Pesto Cavatappi, along with salads and soups. The location is operated by Tsunami Enterprises under a multi-unit franchise and area development agreement. The opening is expected to create 20 to 30 local jobs. The restaurant operates daily from 10:30 to 22:00. With over 390 company-owned and franchise locations, Noodles & Company has been operating since 1995. The brand plans further expansion across New Mexico through its partnership with Tsunami Enterprises.

Restaurant News Resource
Sep 23rd, 2026
Noodles & Company opens first new mexico restaurant.

Noodles & Company opens first new mexico restaurant. Sep 23, 2026 - 10:42 Sep 23, 2026 - 08:42 Noodles & Company opened its first New Mexico restaurant Sept. 23 at 3497 Northrise Dr. in Las Cruces, operated by Tsunami Enterprises under a multi-unit franchise and area development agreement. The restaurant is open daily from 10:30 a.m. to 10 p.m. and is expected to create 20 to 30 local jobs. The menu includes made-to-order dishes such as Creamy Cheddar Mac & Cheese, Japanese Pan Noodles and Pesto Cavatappi, as well as salads, soups and shareables. The partnership with Tsunami Enterprises includes plans to expand across the area. Noodles Rewards members earn points on orders and receive access to offers, early access to menu items and birthday rewards. Customers can join through the Noodles app or at Noodles.com/rewards. Noodles & Company has more than 390 company-owned and franchise restaurants.

Yahoo Finance
Jul 24th, 2026
Noodles & Company raises guidance after 10.3% same-store sales growth in Q2

Noodles & Company raised its full-year guidance after reporting 10.3% same-store sales growth in the second quarter, marking its seventh consecutive quarter of comparable sales growth. The Broomfield, Colorado-based chain saw traffic at company units rise 7.6%, whilst average unit volumes increased nearly 16% to $1.57 million. Restaurant margins grew by 440 basis points to 17.2%, and adjusted EBITDA increased nearly 80%. The company now expects full-year revenue between $485 million and $500 million, with same-store sales growth of 8% to 11%. CEO Joe Christina attributed the results to the brand's turnaround efforts and strong performance of Asian menu items, including Indonesian Peanut Saute and Chili Garlic Ramen. The chain plans to close 30 to 35 company-owned restaurants and five franchised units in 2026.

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