Noodles (NDLS) shares rose about 28% in Friday afternoon trading after the company swung to a Q2 profit and raised its full-year 2026 revenue guidance.
The company reported Q2 adjusted earnings Friday of $0.18 per diluted share, swinging from a loss of $0.94 a year earlier.
A single analyst surveyed by FactSet expected a loss of $0.05.
Revenue for the quarter ended June 30 was $127.0 million, up from $126.4 million a year earlier.
One analyst expected $119.4 million.
For the full-year 2026, the company now expects revenue of $485 million to $500 million, up from the prior guidance of $483 million to $498 million. One analyst expects $483.3 million.
Price: $15.76, Change: $+3.41, Percent Change: +27.61%