What years are covered in the Noodles & Company Consolidated Statements of Cash Flows?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying consolidated balance sheets of Noodles & Company (the Company) as of December 31, 2024 and January 2, 2024, the related consolidated statements of operations, stockholders' equity (deficit) and cash flows for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the "consolidated financial statements"). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and January 2, 2024, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.
Source: Item 22 — CONTRACTS (FDD pages 98–99)
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 statement includes data for the years ended December 31, 2024, January 2, 2024, and January 3, 2023.
This three-year view allows prospective Noodles & Company franchisees to assess the brand's financial performance and cash flow trends over time. By examining these statements, potential investors can gain insights into how the company has managed its cash inflows and outflows, which is crucial for understanding its overall financial health and stability.
The independent registered public accounting firm, Ernst & Young LLP, audited these consolidated financial statements, attesting to their fair presentation in conformity with U.S. generally accepted accounting principles. This audit provides an additional level of assurance to potential franchisees regarding the reliability of the financial information presented.