What is the consolidated loss before income taxes for Noodles & Company in 2022?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
ially dilutive securities include shares of common stock underlying stock options and restricted common stock. Diluted EPS considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect.
The following table sets forth the computations of basic and diluted EPS (in thousands, except share and per share data):
2024 2023 2022 Net loss attributable to common stockholders $ (36,213) $ (9,856) $ (3,314) Shares:
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the net loss attributable to common stockholders for 2022 was approximately $3.31 million. This figure is relevant to prospective franchisees as it provides insight into the company's financial performance during that period. It is important to note that this is a net loss, not a profit, indicating that Noodles & Company's expenses exceeded its revenues in 2022.
The FDD also provides the net losses for 2023 and 2024, which were approximately $9.86 million and $36.21 million, respectively. This trend of losses over the three years should be carefully considered by potential franchisees. While a single year's loss might be attributed to specific circumstances, consistent losses could indicate underlying challenges in the business model or market conditions.
It is important for potential franchisees to investigate the reasons behind these losses. Understanding the factors that contributed to the losses, such as increased operating costs, decreased sales, or specific strategic investments, can help in assessing the potential risks and opportunities associated with investing in a Noodles & Company franchise. Furthermore, prospective franchisees should inquire about the company's plans to address these financial challenges and return to profitability.