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Noodles & Company to close more restaurants after major cutbacks in 2025

The noodle company has been burdened by financial woes since it started trading publicly in 2013
The noodle company has been burdened by financial woes since it started trading publicly in 2013 (Google Streetview)
  • Noodles & Company, a fast-food chain with 423 locations, is planning to close an additional 30 to 35 restaurants.
  • This follows the closure of 40 sites last year, as the company aims to strengthen its brand and financial position.
  • CEO Joe Christina stated these decisions are made thoughtfully for long-term profitable growth and shareholder value.
  • The company has faced challenges maintaining its Nasdaq listing due to its share price falling below $1 on multiple occasions.
  • Noodles & Company's shares have lost 97 per cent of their value since its 2013 IPO, currently trading at $0.84.
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