Editor-DN
The worst part of the Corona virus pandem for the Nodles & Company ends, focusing on the construction of small format stores that consumers seek contact lace and easy setting.
China based in Bromfield, Colo reported a 30.9 % reduction in the sales of the System Wide Store. But, the company has seen a sequence improvement in July, with the same store sales in the system for two weeks ending July 28. For a two -week period ending July 14, System Wide has declined by 13 % in sales of the same store.
Most of the maintenance is run by the brand’s strong digital business, where sales have increased by 135 % in the quarter and its sales have increased by 74 %. Dinner is also being sold in dinner transactions.
“Our digital strategy has been a tremendous driver for our better sales trends over the past several weeks,” CEO Dave Boonneghavson said during a brand -quarter conference call for the brand with investors.
Until this week, the majority of the company’s 456 locations is open for limited on -premium dining. In the past few days, many restaurants have reopened them. Earlier, the company was also in areas where the restrictions were reopened.
Boyneghauson said it was not clear that the increase in digital sales would be affected by reopening the on -premises.
However, the series is betting on its digital business.
The noodles said it plans to focus on the growth of a new unit in a small format restaurant developed by extraordinary sales, including places made with a pick-up lane-a model that company to the company The son has been testing for almost two years. Len Chopotal are like the Mexican Girl’s ChopotlensDesigned to take mobile order.
Boyneghauson said these drive -ups are close to a minute while waiting for the lanes.
The CEO said, “We see a lot of abilities in this extraordinary form” because the prototype “is located exactly for the needs of today’s users.”
Bonneghauson said the drive throw pickup Windows stores will calculate at least 70 % of new units.
Prior to Kovide 19 pandemic diseases, the company predicted 7 % unit growth in 2021. The company will not reach the target next year, but will come close to it when it is looking for new stores with small maps.
After a short break on menu innovation, Nodles said consumers could expect more updates to the menu. The company recently added animal nodal shapes to its children’s food. On August 12, China plans to produce another low -carb pasta replacement with the cabbage Gnuchi.
The CEO said, “We are very excited to get this dish, especially in front of our guests.
The total revenue for the same quarter last year fell to $ 80.2 million, compared to 220.2 million. In the same quarter last year, a net income of 0.4 million, or a net income of 1 % per share, 13.5 million, or a net loss of 30 cents per share.
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