factual

What is the unit of currency used in the Noodles & Company Consolidated Balance Sheets?

Noodles_Company Franchise · 2025 FDD

Answer from 2025 FDD Document

[Item 22: CONTRACTS]

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 the 2025 Noodles & Company Franchise Disclosure Document, the Noodles & Company Consolidated Balance Sheets are presented in thousands, except for share data. This means that all dollar figures displayed in these financial statements are represented in thousands of U.S. dollars.

For a prospective franchisee, this is important to understand when reviewing the financial statements. For example, if an asset is listed as $500, it actually represents $500,000. This convention simplifies the presentation of large numbers and makes the financial statements easier to read.

It is common practice for companies, especially larger ones, to present their financial statements in thousands or millions to improve readability. Franchisees should always pay close attention to the units used in financial statements to avoid misinterpreting the financial data.

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.