What years are covered by the Noodles & Company consolidated statements of cash flows?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
The following consolidated financial statements of Noodles & Company are attached to this disclosure document as Exhibit F: Audited consolidated balance sheets of Noodles & Company as of December 31, 2024 and January 2, 2024 and the related consolidated statements of operations, stockholders' equity and cash flows for each of the three years ended December 31, 2024, January 2, 2024, and January 3, 2023.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 97–98)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the consolidated statements of cash flows cover a three-year period. Specifically, the statements include data for the years ended December 31, 2024, January 2, 2024, and January 3, 2023.
This means that prospective Noodles & Company franchisees can review the company's cash flow performance over the most recent three fiscal years. Analyzing these statements can provide insights into how Noodles & Company has managed its cash, including its ability to generate cash from operations, its investing activities, and its financing activities. This historical data is valuable for understanding the company's financial health and stability.
It's important to note that Noodles & Company operates on a fiscal year that ends on the Tuesday closest to December 31. As a result, the fiscal years 2024 and 2023 contained 52 weeks and ended on December 31, 2024, and January 2, 2024, respectively, while fiscal year 2022 contained 53 weeks and ended on January 3, 2023. This variation in fiscal year length should be considered when comparing financial performance across these years.