Noodles shares plunge after company slashes profit, sales forecast
date:Aug 14, 2014
also fallen steeply and are trading below their IPO price.

Noodles said on Wednesday it expected adjusted profit and comparable restaurant sales in 2014 to remain flat.

It had previously forecast full-year comparable restaurant sales to grow 2.5-3.0 percent and adjusted earnings-per-share to grow by 25 percent.

The company had posted adjusted earnings of 40 cents per share in 2013. Analysts on average were expecting Noodles to earn 50 cents per share in 2014, according to Thomson Reuters I/B
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