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Noodles & Company NDLS Restaurant impairments, closure costs and asset disposals

Restaurant impairments, closure costs and asset disposals at other companies

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Other financials

Income statement

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Revenue$123.8M0.0%
Operating income-$812.0K+87.3%
Net income-$3.4M+62.3%
EPS (diluted)-$0.58+63.3%

Balance sheet

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Cash & equivalents$1.4M+3.4%
Total debt$253.7M-12.6%
Total equity-$48.0M-246%
Total assets$246.3M-22.9%

Cash flow

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Operating cash flow$6.0M+49.2%
CapEx$2.1M-28.8%
Free cash flow$3.9M+253%

Valuation

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Market cap$88.09M+168%
Enterprise value$340.32M+7.9%
P/S0.2×+0.1×

Profitability

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Gross margin74.7%
Operating margin-5.3%-0.6pp
Net margin-7.5%-0.4pp
FCF margin-3.7%

Returns & leverage

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Return on equity-180.2%
Debt / equity77.5×+68.6×
Current ratio0.3×0.0×

Where this comes from

Reported directly by Noodles & Company in its filing.

Tagged under the XBRL concept ndls:AssetDisposalsClosureCostsandRestaurantImpairmentsLessNoncashPortion.

The official record: Noodles & Company’s 10-K, filed March 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Noodles & Company's restaurant impairments, closure costs and asset disposals?
Noodles & Company (NDLS) reported restaurant impairments, closure costs and asset disposals of $5.54M in Q4 2025.
How has Noodles & Company's restaurant impairments, closure costs and asset disposals changed year-over-year?
Noodles & Company's restaurant impairments, closure costs and asset disposals increased by 53.9% year-over-year, from $3.6M to $5.54M.
What is the long-term trend for Noodles & Company's restaurant impairments, closure costs and asset disposals?
Over 4 years (2021 to 2025), Noodles & Company's restaurant impairments, closure costs and asset disposals has grown at a 58.2% compound annual growth rate (CAGR), from $3.54M to $22.16M.
What does restaurant impairments, closure costs and asset disposals mean?
Represents non-cash charges or cash outflows related to the write-down of restaurant assets, costs associated with closing underperforming locations, and losses on the disposal of property and equipment. This metric highlights the financial impact of footprint optimization and asset impairment strategies within the restaurant portfolio.