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Noodles & Company closing up to 32 locations after revenue decline

Noodles & Company closing up to 32 locations after revenue decline

Yahoo2 days ago
A national noodle chain is closing down dozens of locations amid a decline in revenue.
Noodles & Company announced on Wednesday, Aug. 13, through its 2025 second-quarter financial results news release, that it would be closing 28 to 32 company-owned locations by the year's end. The Broomfield, Colorado-based chain has been operating since 1995 and specializes in classic pasta and noodle dishes, such as pad thai and basil pesto cavatappi.
A delicious duo, the company's signature combo, comes with a small entree, protein and a side beginning at $9.95.
Noodles & Company reported a net loss of $17.6 million compared to a net loss of $13.6 million from the same time last year, according to the company's 2025 second-quarter financial results. Additionally, revenue decreased 0.7% to $126.4 million from $127.4 million.
Here is what to know about Noodles & Company's upcoming location closures.
How many Noodles & Company restaurants closed in 2025?
So far, the company has closed six restaurants in 2025 and opened one new location. An additional two franchise locations have also shut down.
The noodle chain has more than 400 locations operating around the United States.
Noodles & Company CEO Drew Madsen blamed the business's economic headwinds on 'the strong value-conscious climate' and a 'slower guest adoption of the upgrades made to some of our historic menu items.'
The company completed an overhaul of its menu earlier this year.
'We've been moving decisively to address these factors, particularly around guest value perception,' said Madsen, who announced he'd be stepping down as CEO. He will be succeeded by Joe Christina, the company's current chief operating officer.
'Joe Christina is absolutely the right leader to guide this brand forward,' Madsen said in a statement.
What is next for Noodles & Company?
Noodles & Company is planning to close another 12 to 17 restaurants in 2026, while simultaneously opening an additional two locations.
The company did not reveal which locations are likely to close and where the new restaurants will open. USA TODAY contacted Noodles & Company for comment on Friday, Aug. 15, but has not received a response.
Michelle Del Rey is a trending news reporter at USA TODAY. Reach her at mdelrey@usatoday.com
This article originally appeared on USA TODAY: Noodles & Company closing up to 32 locations, CEO stepping down
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