What was the net loss attributable to common stockholders 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 attributable to common stockholders in 2023 was approximately $9.856 million. This figure is part of a table presenting the computations of basic and diluted earnings per share (EPS) over three years. The table provides a comparative view of Noodles & Company's financial performance, showing the net losses in 2022, 2023, and 2024.
For a prospective franchisee, this information is crucial for understanding the financial health and stability of Noodles & Company. A net loss indicates that the company's expenses exceeded its revenues during that period. While a single year's loss isn't necessarily a cause for alarm, it's important to consider the trend over multiple years. The FDD shows that Noodles & Company had net losses in 2022, 2023 and 2024, but the losses increased significantly in 2024.
It is important to note that the net loss attributable to common stockholders is a specific metric that reflects the portion of the company's losses allocated to its common shareholders. This figure can be influenced by various factors, including operating expenses, interest expenses, and taxes. A potential franchisee should investigate the reasons behind the net losses and assess whether the company has strategies in place to improve its profitability. Reviewing the complete financial statements and notes, as well as consulting with a financial advisor, is recommended to gain a comprehensive understanding of Noodles & Company's financial situation and future prospects.