Does the Noodles & Company financial statement include statements of cash flow?

According to Noodles & Company's 2025 Franchise Disclosure Document, the company's financial statements do include consolidated statements of cash flow. Specifically, the audited consolidated financial statements attached as Exhibit F include consolidated balance sheets as of December 31, 2024, and January 2, 2024, along with related consolidated statements of operations, stockholders' equity, and cash flows for the three years ending December 31, 2024, January 2, 2024, and January 3, 2023. This comprehensive financial reporting provides insight into Noodles & Company's financial performance and position.

The inclusion of a statement of cash flows is a standard practice in financial reporting, offering a view of how Noodles & Company generates and uses cash. This statement is crucial for prospective franchisees as it helps them understand the company's liquidity and ability to manage its cash effectively. It also allows franchisees to assess the overall financial health and stability of Noodles & Company, which is essential for making informed investment decisions.

Furthermore, franchisees are also required to provide a year-end balance sheet, income statement, and statement of cash flow for their individual Noodles & Company restaurant within 90 days after the end of each fiscal year. This requirement ensures that Noodles & Company has access to detailed financial information from its franchisees, enabling the company to monitor performance and maintain consistent financial reporting across the franchise system. Franchisees must also verify the accuracy of these reports, and Noodles & Company retains the right to audit these statements at the franchisee's expense.