Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- NDLS reported mixed Q1 results with earnings beating and revenues missing estimates. - Company's shares fell 9.8% in after-hours trading on May 8. - Quarterly revenues of $121.4 million missed consensus mark, comps declined 5.4%. - General and admin expenses declined but restaurant contribution margin dropped. - NDLS plans to open 10-12 new company-owned restaurants in fiscal 2024. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- NDLS reported mixed Q1 results with earnings beating and revenues missing estimates.
- Company's shares fell 9.8% in after-hours trading on May 8.
- Quarterly revenues of $121.4 million missed consensus mark, comps declined 5.4%.
- General and admin expenses declined but restaurant contribution margin dropped.
- NDLS plans to open 10-12 new company-owned restaurants in fiscal 2024.
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