factual

How are the financial figures presented in the Noodles & Company Consolidated Balance Sheets?

Noodles_Company Franchise · 2025 FDD

Answer from 2025 FDD Document

Noodles & Company Consolidated Balance Sheets (in thousands, except share data)

Source: Item 22 — CONTRACTS (FDD pages 98–99)

What This Means (2025 FDD)

According to Noodles & Company's 2025 Franchise Disclosure Document, the Consolidated Balance Sheets present financial figures in thousands, except for share data. This means that all dollar amounts are shown in thousands of dollars, which is a common practice for larger companies to simplify the presentation of financial statements. For example, an amount listed as $1,000 would represent $1,000,000.. This applies to the Consolidated Statements of Operations, Consolidated Statements of Stockholders' Equity (Deficit), and Consolidated Statements of Cash Flows.

The Consolidated Balance Sheets included in the 2025 FDD are as of December 31, 2024 and January 2, 2024. The document also includes the Consolidated Statements of Operations for the years ended December 31, 2024, January 2, 2024, and January 3, 2023; Consolidated Statements of Stockholders' Equity (Deficit) for the years ended December 31, 2024, January 2, 2024, and January 3, 2023; and Consolidated Statements of Cash Flows for the years ended December 31, 2024, January 2, 2024, and January 3, 2023.

It is important for prospective Noodles & Company franchisees to understand this convention when reviewing the financial statements, as it affects how they interpret the company's assets, liabilities, and equity. Being aware of this presentation format ensures that franchisees correctly assess the financial health and performance of Noodles & Company when making investment decisions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.