Profit margin of Noodles & Company
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Consumer Services sector on NASDAQ compared to Noodles & Company
About Noodles & Company
Noodles & Company develops and operates fast casual restaurants in the United States. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, sandwiches, and appetizers. As of January 3, 2017, the company operated 532 restaurants comprising 457 company-owned and 75 franchised locations, across 35 states, the District of Columbia, and one Canadian province. Noodles & Company was founded in 1995 and is based in Broomfield, Colorado.
- Noodles & Company, 520 Zang Street, Broomfield 80021, United States