A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
Noodles trades at $0.94 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 14.5% while the S&P 500 is down 13.6%. This was partly due to its softer quarterly results and might have investors contemplating their next move.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the modern fast food industry, including Noodles (NASDAQ:NDLS) and its peers.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the modern fast food industry, including Shake Shack (NYSE:SHAK) and its peers.
Casual restaurant chain Noodles & Company (NASDAQ:NDLS) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 2% year on year to $121.8 million. On the other hand, the company’s full-year revenue guidance of $507.5 million at the midpoint came in 2.6% above analysts’ estimates. Its non-GAAP loss of $0.15 per share was 21.6% below analysts’ consensus estimates.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how modern fast food stocks fared in Q3, starting with Sweetgreen (NYSE:SG).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the modern fast food industry, including Shake Shack (NYSE:SHAK) and its peers.
Looking back on modern fast food stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Potbelly (NASDAQ:PBPB) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at modern fast food stocks, starting with Chipotle (NYSE:CMG).
Looking back on modern fast food stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Wingstop (NASDAQ:WING) and its peers.
Shares of casual restaurant chain Noodles & Company (NASDAQ:NDLS)
fell 16.1% in the morning session after the company reported weak third-quarter earnings. Its revenue, EBITDA, and EPS missed expectations, and it lowered the full-year revenue guidance. Same store sales fell 3.3% year on year as a 5.8% decline in company-owned restaurant traffic more than offset price increases.
Casual restaurant chain Noodles & Company (NASDAQ:NDLS) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 4% year on year to $122.8 million. The company’s full-year revenue guidance of $491 million at the midpoint came in 1.6% below analysts’ estimates. Its non-GAAP loss of $0.12 per share was also 112% below analysts’ consensus estimates.
