BROOMFIELD, Colo., Jan. 13, 2014 (GLOBE NEWSWIRE) -- In a release dated January 13, 2014, the expected increase in comparable restaurant sales information was not correctly presented for the fourth quarter of 2013. Comparable restaurant sales are expected to increase 4.3% for company-owned restaurants, 1.5% for franchised restaurants and 3.9% system-wide for the fourth quarter of 2013 compared to the fourth quarter of 2012.
The corrected release reads:
Noodles & Company Announces Preliminary Results for Fourth Quarter 2013BROOMFIELD, Colo., January 13, 2014 (Globe Newswire) - In advance of management's attendance at the 16th annual ICR XChange Conference and the Jefferies 3rd Annual Winter Consumer Summit, Noodles & Company (Nasdaq:NDLS) today announced preliminary unaudited financial results for the fourth quarter ended December 31, 2013. Highlights of expected results for the fourth quarter of 2013 compared to the fourth quarter of 2012 include:
- Total revenue expected to increase 17.4% to $91.5 million from $77.9 million
- Comparable restaurant sales expected to increase 4.3% for company-owned restaurants, 1.5% for franchised restaurants and 3.9% system-wide
- 12 new restaurants opened system-wide, including eight company-owned and four franchise restaurants