Noodles Management

Management criteria checks 3/4

Noodles' CEO is Drew Madsen, appointed in Nov 2023, has a tenure of 1.17 years. total yearly compensation is $634.00K, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $92.24K. The average tenure of the management team and the board of directors is 2.7 years and 6.2 years respectively.

Key information

Drew Madsen

Chief executive officer

US$634.0k

Total compensation

CEO salary percentage9.7%
CEO tenure1.2yrs
CEO ownership0.3%
Management average tenure2.7yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Returns On Capital At Noodles (NASDAQ:NDLS) Paint A Concerning Picture

Oct 24
Returns On Capital At Noodles (NASDAQ:NDLS) Paint A Concerning Picture

Insufficient Growth At Noodles & Company (NASDAQ:NDLS) Hampers Share Price

Sep 07
Insufficient Growth At Noodles & Company (NASDAQ:NDLS) Hampers Share Price

The Returns On Capital At Noodles (NASDAQ:NDLS) Don't Inspire Confidence

Jun 12
The Returns On Capital At Noodles (NASDAQ:NDLS) Don't Inspire Confidence

These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way

May 22
These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way

Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel And Push Stock Down 27%

Apr 28
Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel And Push Stock Down 27%

Why Investors Shouldn't Be Surprised By Noodles & Company's (NASDAQ:NDLS) 28% Share Price Plunge

Mar 14
Why Investors Shouldn't Be Surprised By Noodles & Company's (NASDAQ:NDLS) 28% Share Price Plunge

Noodles' (NASDAQ:NDLS) Returns On Capital Not Reflecting Well On The Business

Mar 10
Noodles' (NASDAQ:NDLS) Returns On Capital Not Reflecting Well On The Business

Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden

Jan 12
Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden

Noodles & Company (NASDAQ:NDLS) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 02
Noodles & Company (NASDAQ:NDLS) Looks Inexpensive But Perhaps Not Attractive Enough

Is Noodles (NASDAQ:NDLS) A Risky Investment?

Aug 16
Is Noodles (NASDAQ:NDLS) A Risky Investment?

There Are Reasons To Feel Uneasy About Noodles' (NASDAQ:NDLS) Returns On Capital

May 12
There Are Reasons To Feel Uneasy About Noodles' (NASDAQ:NDLS) Returns On Capital

Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?

Apr 14
Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?

Noodles (NASDAQ:NDLS) Might Have The Makings Of A Multi-Bagger

Jan 15
Noodles (NASDAQ:NDLS) Might Have The Makings Of A Multi-Bagger

Noodles & Company: High-Risk, High-Reward

Oct 09

Noodles & Company (NASDAQ:NDLS) Shares Could Be 46% Below Their Intrinsic Value Estimate

Sep 02
Noodles & Company (NASDAQ:NDLS) Shares Could Be 46% Below Their Intrinsic Value Estimate

Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet

Aug 03
Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet

Noodles & Company GAAP EPS of $0.03 misses by $0.04, revenue of $131.1M beats by $0.19M

Jul 27

Returns Are Gaining Momentum At Noodles (NASDAQ:NDLS)

Jul 11
Returns Are Gaining Momentum At Noodles (NASDAQ:NDLS)

Is Noodles (NASDAQ:NDLS) Using Too Much Debt?

Mar 18
Is Noodles (NASDAQ:NDLS) Using Too Much Debt?

CEO Compensation Analysis

How has Drew Madsen's remuneration changed compared to Noodles's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 01 2024n/an/a

-US$33m

Jul 02 2024n/an/a

-US$25m

Apr 02 2024n/an/a

-US$13m

Jan 02 2024US$634kUS$62k

-US$10m

Oct 03 2023n/an/a

-US$3m

Jul 04 2023n/an/a

-US$3m

Apr 04 2023n/an/a

US$0

Jan 03 2023US$145kn/a

-US$3m

Sep 27 2022n/an/a

-US$9m

Jun 28 2022n/an/a

-US$5m

Mar 29 2022n/an/a

-US$787k

Dec 28 2021US$124kn/a

US$4m

Sep 28 2021n/an/a

US$5m

Jun 29 2021n/an/a

-US$240k

Mar 30 2021n/an/a

-US$19m

Dec 29 2020US$116kn/a

-US$23m

Sep 29 2020n/an/a

-US$21m

Jun 30 2020n/an/a

-US$16m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$115kn/a

US$2m

Oct 01 2019n/an/a

US$3m

Jul 02 2019n/an/a

-US$344k

Apr 02 2019n/an/a

-US$7m

Jan 01 2019n/an/a

-US$8m

Compensation vs Market: Drew's total compensation ($USD634.00K) is about average for companies of similar size in the US market ($USD645.47K).

Compensation vs Earnings: Drew's compensation has increased whilst the company is unprofitable.


CEO

Drew Madsen (68 yo)

1.2yrs

Tenure

US$634,000

Compensation

Mr. Andrew H. Madsen, also known as Drew, is Chief Executive Officer of Noodles & Company since March 6, 2024 and serves as its Director since November 10, 2023 and was its Interim Chief Executive Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Madsen
CEO & Director1.2yrsUS$634.00k0.32%
$ 92.2k
Michael Hynes
Chief Financial Officer1.5yrsUS$496.12k0.030%
$ 8.6k
Thomas West
Chief Operating Officer7.3yrsUS$780.73k0.24%
$ 70.4k
Kathryn Lockhart
VP & Chief Accounting Officer4.4yrsUS$391.65k0.057%
$ 16.6k
Corey Kline
Executive Vice President of Technology3.8yrsno data0.14%
$ 41.5k
Stephen Kennedy
Executive Vice President of Marketingless than a yearno datano data
Sue Petersen
Executive Vice President of Inclusion3.8yrsno data0.11%
$ 33.1k
Scott Davis
Chief Concept Officerless than a yearno datano data

2.7yrs

Average Tenure

60yo

Average Age

Experienced Management: NDLS's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Madsen
CEO & Director7.3yrsUS$634.00k0.32%
$ 92.2k
Thomas Lynch
Independent Director1.7yrsUS$112.31kno data
Jeffrey Jones
Independent Chairman Of the Board11.3yrsUS$270.00k0.41%
$ 119.1k
Robert Hartnett
Independent Director8.5yrsUS$181.35k0.40%
$ 117.6k
Shawn Taylor
Independent Director4.1yrsUS$165.00k0.19%
$ 54.4k
Mary Egan
Independent Director7.3yrsUS$175.00k0.21%
$ 61.6k
Elisa Schreiber
Independent Director5.1yrsUS$160.00k0.19%
$ 54.1k
Britain Peakes
Directorless than a yearno data0.055%
$ 16.0k

6.2yrs

Average Tenure

64yo

Average Age

Experienced Board: NDLS's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 03:28
End of Day Share Price 2025/01/10 00:00
Earnings2024/10/01
Annual Earnings2024/01/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Noodles & Company is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David TarantinoBaird
Jeffrey BernsteinBarclays
Todd BrooksBenchmark Company