Noodles & Company - Common Stock (NDLS)

Galloway Capital Partners, LLC (“Galloway Capital”) today announced that it has acquired a 6.01% stake in Noodles & Company (Nasdaq: NDLS) (“Noodles” or the “Company”). Galloway Capital believes that Noodles’ shares are materially undervalued and that management and the Board should take decisive steps to enhance shareholder value through accelerated asset sales, debt reduction, and the restoration of a sustainable capital structure.

Noodles & Company (NASDAQ: NDLS) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved -4.38% on the day to $2.08.