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Noodles shares plunge after company slashes profit, sales forecast
date:Aug 14, 2014
/E/S.

Excluding items, the company earned 12 cents per share in the second quarter ended July 1, below the average analyst estimate of 15 cents.

Revenue rose 11.5 percent to $99.5 million but missed analysts' average estimate of $102.9 million.

Same-store sales fell 0.7 percent, while restaurants margins fell to 20.4 percent from 22.4 percent.

Noodles' shares were down 20 percent at $20.05 after the bell.

03/05 04:42