+ Watch NDLS
on My Watchlist
Thanks to pencils2 for the write up on this stock. Lots of long term CMG personnel working for this recent IPO. The valuation is SCARY, and it will have some ugly dips along the way because of the valuation. But I want to back this team for the long run.
Noodles has found a popular fast food segment that had not been previously wrapped in a chain concept. The low cost per serving should secure profitability for Noodles, even if management and execution is only mediocre.
I've eaten here, and I love Noodles. The stores that I've been in are all clean and look 'new' (they won't need to renovate for a long time), they're kid friendly (my son LOVES Noodles!), the food is great, service is great, wait times are minimal. While their financial sheet isn't fully fleshed out, they have a higher margin vs. industry, a solid expansion plan, and I think they'll grow well in the next 5 years.
Given the similarities to already massively successful casual dining chains like Chipotle Mexican Grill and Panera Bread, Noodles & Company is a restaurant chain that is still very much in the early stages of growth. With a diverse menu and attractive price points, the company should find continued success as it looks to rapidly increase its store count in the coming years.
good management, targets best demo for growth
Love this fast casual restaurant, many menu choices, quality food, friendly staff, wonderful dining experience and good value.
cuz of expansion
Putting this on Caps as a reminder to try their noodles...
IPO enthusiasm. Fundamentally, its a somewhat unproven restaurant model in an incredibly competitive space. I will be shocked if it's able to grow into its 400+ PE.
Huge potential to grow and enter the price range of a Panera or Chipotle, but in the immediate term, there's going to be some volatility to ride out
Noodles and Company has some potential, but the stock price is highly volatile and unsustainable at current levels. I believe this article sums it up best: http://www.fool.com/investing/general/2013/07/11/is-noodles-company-the-next-chipotle-or-the-next-q.aspx?source=ihpsitcag0000002&lidx=2#847249 This stock is definitely not for the faint of heart at this point.
top notch managementgood menubusy restaurantslots of growth 300+ now 1400 programmed
The restaurants do well because the service is friendly & responsive, your order comes out quickly, and the food is remarkably good for the money you pay (like at Chipotle) -- Kottke.org
Like All IPOs, reality shall soon set in.
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