Noodles (NDLS) Rent Expense (2012 - 2019)

Noodles (NDLS) has 8 years of Rent Expense data on file, last reported at $11.7 million in Q4 2019.

• For the quarter ending Q4 2019, Rent Expense changed N/A year-over-year to $11.7 million; the trailing twelve-month figure through Dec 2019 stood at $48.5 million (changed N/A YoY), and the FY2019 full-year result was $48.9 million, changed 0.32% from the prior year.
• Rent Expense for Q4 2019 stood at $11.7 million, down from $12.4 million in the prior quarter.
• Across five years, Rent Expense topped out at $15.1 million in Q1 2017 and bottomed at $11.7 million in Q4 2019.
• The 5-year median for Rent Expense is $12.7 million (2015), against an average of $12.9 million.
• The widest annual swing landed in 2015, when Rent Expense climbed 23.85%; it then dropped 17.07% in 2018.
• A 5-year view of Rent Expense shows it stood at $12.7 million in 2015, then climbed by 8.68% to $13.8 million in 2016, then declined by 7.85% to $12.7 million in 2017, then decreased by 5.3% to $12.0 million in 2018, then decreased by 2.72% to $11.7 million in 2019.
• The last three Rent Expense figures came in at $11.7 million (Q4 2019), $12.4 million (Q2 2019), and $12.0 million (Q4 2018), per Business Quant data.

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