What was the consolidated loss before income taxes for Noodles & Company in 2023 (in thousands)?
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 for the fiscal year ended January 2, 2024, which represents the 2023 fiscal year, was approximately $9,856,000. This figure is attributable to common stockholders and is presented in thousands of dollars.
This loss indicates that Noodles & Company's expenses and costs exceeded its revenues for the specified period. For a prospective franchisee, this information is crucial as it provides insight into the company's financial performance and overall profitability. While a single year's loss does not necessarily indicate long-term financial instability, it is important to consider this figure in conjunction with other financial data and trends.
It is also important to note that the loss per share for both basic and diluted calculations was $(0.21) for 2023. This metric reflects the portion of the net loss allocated to each outstanding share of common stock. A prospective franchisee should analyze these figures in the context of Noodles & Company's strategic initiatives and future financial projections to assess the potential for improved profitability and returns on investment.