Noodles & Co. Delivers Sour Performance for Investors in 2014

Private equity IPOs have returned mixed results for investors, but one, Noodles & Co., is bad company: after the dine-out chain's 2013 debut, shares plummeted for about 40 percent in 2014. Now -- as some restaurant operations look to spin-out their dining operations -- Noodles & Co. says it wants to own more restaurants than it franchises out, in the future. Wall St. analysts don't seem certain this is the best path to profitability, but the jury is still out, at least until Noodles' next earnings report, coming in November. In the meantime, investors will have to sit tight with one analyst upgrade.

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