BROOMFIELD, Colo., Oct. 1, 2020 /PRNewswire/ -- In celebration of
its 25th anniversary, Noodles & Company (Nasdaq:
NDLS) today announced two special offers for its Noodle
Rewards members throughout the month of October.
The offers kick off on the Company's namesake holiday -
National Noodle Day - on Tuesday, Oct. 6 with throwback
pricing for Noodles Rewards members. This day only, Noodles
Rewards members will receive 25% off their order as a nod to the
restaurant's pricing 25 years ago. To keep the party going, Noodles
Rewards members will receive 25 days of free delivery from
Oct. 7-31, 2020. New members can join
in the fun at any time simply by signing up for Noodles
Rewards.
"For 25 years our mission has been to nourish and inspire every
guest, team member, and community we serve. To say we are grateful
for the amazing people who've dined and worked with us for the past
25 year is an understatement - our loyal guests and team members
are the heartstring of our business and the reason why we love
what we do," said Dave
Boennighausen, chief executive officer of Noodles &
Company. "We look forward to thanking our valued guests for 25
years of loyalty with these special offers. It is our privilege to
keep serving our guests the food they know and love year-over-year,
especially during a trying year like this one."
Over the past 25 years, Noodles & Company has been a leader
in the fast-casual industry, especially throughout the
COVID-19 pandemic, demonstrating its continued brand strength by
safely serving guests and quickly adapting to their changing
needs.
"We are confident that we are emerging from the pandemic
even stronger than we were before," said Boennighausen. "We
were well positioned going into COVID with our enhanced digital
ordering process, a best-in-class Rewards program, and simple to
use off-premise options, which have enabled us to better serve
our guests during this rapidly changing time. Furthermore, our food
inherently travels well, making it optimal for takeout and
delivery, which has allowed guests to enjoy our food at
home."
The Company also continues to see strong recovery since the
onset of COVID, resulting in a return to positive comparable sales
growth during fiscal September. Guests continue to gravitate
towards ordering their Noodles favorites through the Noodles app
and online with the company seeing a 146% increase
in digital sales versus prior year. Loyalty members have been
a key contributor to the Noodles recovery, with significant growth
recognized in monthly sales attributed to Rewards
members.
"With more than 90% of our dining rooms now
open and most others anticipated to open in the next
few weeks, we are excited about our continued growth and strong
positioning. We look forward to the opportunity to serve our new
and existing guests both in-person and with our off-premise options
while celebrating this milestone in our company's history with
these great offers," said Boennighausen.
To receive the anniversary offers, guests must be Noodles
Rewards members. Not a Noodles Rewards member? It's easy to become
a member and new members can participate as soon as they sign
up. In addition to rewards and offers, members have access to
contactless payment and are the first to know about new menu items
and promotions from Noodles. Simply signup by
downloading the Noodles Rewards app from the Apple App Store or
Google Play Store, or signing up online at noodles.com/rewards.
Guests can find their local Noodles & Company restaurant by
visiting noodles.com.
About Noodles & Company
Since 1995, Noodles & Company has been serving noodles your
way, with noodles and flavors that you know and love to new ones
you're about to discover. From indulgent Wisconsin Mac & Cheese
to better-for-you Zoodles and Other Noodles, the company serves a
world of flavor in every bowl. Made up of more than 450 restaurants
and 10,000 passionate team members, Noodles was named one of the
Best Places to Work by the Denver Business Journal for its unique
culture built on the value of "Loving Life," which begins by
nourishing and inspiring every team member and guest who walks
through the door. To learn more or find the location nearest you,
visit www.noodles.com.
Forward Looking Statements
In addition to historical
information, this press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 that involve risks and uncertainties such as the number of
restaurants we intend to open, projected capital expenditures and
estimates of our effective tax rates. In some cases, you can
identify forward-looking statements by terms such as "may,"
"might," "will," "objective," "intend," "should," "could," "can,"
"would," "expect," "believe," "design," "estimate," "predict,"
"potential," "plan" or the negative of these terms and similar
expressions intended to identify forward-looking statements. These
statements reflect our current views with respect to future events
and are based on currently available operating, financial and
competitive information. Examples of forward-looking statements
include all matters that are not historical facts, such as
statements regarding our ability to navigate the COVID-19 crisis,
the revenue and balance sheet impact of the COVID-19 crisis, the
implementation and results of strategic initiatives and our future
financial performance. Our actual results may differ materially
from those anticipated in these forward-looking statements due to
reasons including, but not limited to, the extent, duration and
severity of the COVID-19 crisis; governmental and guest response to
the COVID-19 crisis; other conditions beyond our control such as
weather, natural disasters, disease outbreaks, epidemics or
pandemics impacting our customers or food supplies; consumer
reaction to industry related public health issues and health
pandemics, including the COVID-19 crisis and perceptions of food
safety; our ability to achieve and maintain increases in comparable
restaurant sales and to successfully execute our business strategy,
including new restaurant initiatives and operational strategies to
improve the performance of our restaurant portfolio; our ability to
maintain compliance with debt covenants and continue to access
financing necessary to execute our business strategy; the success
of our marketing efforts; our ability to open new restaurants on
schedule; current economic conditions; price and availability of
commodities; our ability to adequately staff our restaurants;
changes in labor costs; consumer confidence and spending patterns;
seasonal factors; and weather. For additional information on these
and other factors that could affect the Company's forward-looking
statements, see the Company's risk factors, as they may be amended
from time to time, set forth in its filings with the SEC, included
in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2019 filed on
February 26, 2020 and in our
Quarterly Reports on Form 10-Q for the quarterly periods ended
March 31, 2020 and June 30, 2020 filed on June 17, 2020 and August
6, 2020, respectively. The Company disclaims and does not
undertake any obligation to update or revise any forward-looking
statement in this press release, except as may be required by
applicable law or regulation.
Media Contact:
Danielle
Moore
press@noodles.com
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SOURCE Noodles & Company