What years are covered by the Noodles & Company consolidated statements of operations?
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 financial statements include statements of operations for each of the three years ended December 31, 2024, January 2, 2024, and January 3, 2023.
This means that the financial statements provide a three-year historical view of Noodles & Company's operational performance. A prospective franchisee can review these statements to understand the company's revenue, expenses, and profitability trends over this period. Examining these trends can help a franchisee assess the financial health and stability of Noodles & Company.
It is important to note that these are consolidated statements, reflecting the performance of Noodles & Company as a whole, including both company-owned and franchised locations. While this provides an overall picture, it does not break down performance by individual unit or franchise type. A potential franchisee should also consider this when evaluating the data.