What years are covered in the Noodles & Company Consolidated Statements of Operations?
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 Operations include data for the three years in the period ending December 31, 2024. The report specifically mentions that the financial statements include consolidated statements of operations for each of the three years in the period ended December 31, 2024.
In practical terms, this means that prospective Noodles & Company franchisees reviewing the FDD will have access to three years of Noodles & Company's financial performance data. This historical view can be valuable in assessing the brand's revenue trends, profitability, and overall financial health. Franchisees can use this information to understand how the company has performed recently and to potentially forecast future performance.
It is important to note that while three years of data are provided, franchisees should also consider other factors when evaluating the franchise opportunity. These factors may include current economic conditions, market trends, and the specific location of the franchise. Consulting with a financial advisor is recommended to fully understand the implications of the financial statements.