Latest news with #JoeChristina
USA Today
3 days ago
- Business
- USA Today
Noodles & Company closing up to 32 locations after revenue decline
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@
Yahoo
20-02-2025
- Business
- Yahoo
Noodles & Company appoints new president and chief operating officer
US-based fast-casual restaurant chain Noodles & Company has appointed Joe Christina as its new president and chief operating officer (COO). Christina will be responsible for operations and human resources, aiming to enhance the experience of both guests and team members. Noodles & Company CEO Drew Madsen stated: 'Joe is a highly accomplished leader with deep operational expertise and a proven track record of driving growth and innovation in the restaurant industry. 'His experience as both a CEO and operations leader makes him uniquely positioned to further elevate our foundation of operations excellence, strengthen our team culture and unlock the significant growth opportunities ahead. Joe will also help ensure the successful execution of our comprehensive new menu introduction in the first half of this year [2025].' Christina's background in quick-service and fast-casual restaurant leadership includes a breadth of expertise across operations, financial management, market development, marketing, human resources and franchise leadership. His career commenced at Burger King, where he held a series of pivotal roles over twenty-nine years as a restaurant manager, franchise owner, vice-president of global operations and training and finally senior vice-president of franchise operations for the West division. In 2013, he moved to Church's Chicken as executive vice-president of US operations and was later promoted to CEO, president and board member. During his six-year tenure there, he led the brand to notable year-on-year growth. Most recently, he held the position of CEO at Tijuana Flats where he revitalised the brand and drove its expansion. Christina succeeds Brad West who announced his retirement in 2024 after an eight-year tenure as COO. West will continue with Noodles & Company as chief of staff until June 2025 to ensure a smooth transition. Joe Christina said: 'I'm thrilled to join Noodles & Company at such an exciting time for the brand. 'Noodles is a standout concept with a strong foundation, a highly differentiated menu and significant growth potential. Their people-first culture deeply resonates with me. By focusing on operations excellence, menu innovation and expanding catering, we will unlock new opportunities and drive sustainable, long-term success." "Noodles & Company appoints new president and chief operating officer" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
