date:Aug 14, 2014
Shares of Noodles Co plunged as much as 21 percent in extended trading after the fast-casual restaurant chain slashed its full-year sales forecast as fewer diners visit its outlets.
The company also reported lower-than-expected second-quarter earnings due to a decline in same-restaurant sales, particularly in the Washington DC area where about 20 percent of its restaurants are located.
Noodles, which went public last year in a highly anticipated offering, has failed to live up to investors' e