And afternoon, good Carl. everyone. Thanks,
strong restaurant QX quarter, the Noodles restaurant margin million Company and basis EBITDA During of point XXX of & and level improvement delivered from our triple of than more first sales results a culminating year, in XXXX. an increase adjusted prior results X.X% $X million, versus with $X.X comparable a
the continued in results level than a ability normalized Our restaurant and more in of previously advantage anticipated. quarter we first execution expense environment strength are favorable testament a to to our the take and
have most white challenging wage inflation, the we were initiatives start we These seeing to in core particularly basis on restaurant encountered were saw pressure improvement in the point of environment decades. in by Combined quarter. expense of instrumental products, we to our chicken initiatives first like seen that our all inflation cost many year, level call today's breast. unprecedented discussing improve I'd continued in time, this Last our high-quality, boneless with we driving meat at margins. XXX the the
certain optimize same definitely several with the has the pressures maintaining to and savings XXXX, these production the improving ingredients partners During efficiencies. cost company items, of while vendor our productivity work initiatives. quality reacted to through We
at quarter. on which first primary approximately and during monitored into chicken menu We're favorable metrics very entered items, compared contract of quarter, rates menu. strong during XX% operational a We simplified year fixed moving a nationwide XXXX tested was fourth our the the expanded yielded XXXX. our guest to full commodities and carefully for We the and
while us rollout us menu to costs were engaged margin affords the identify profile. real-time in a boards streamline to the reduce strategy. which more And footprint trip and for testing us met more have digital to These and of restaurant began help favorable opportunity us flexibility party third initiatives marketing pricing with operations nationwide, needs allow and for our We great a opportunities restaurants builds. to existing continue further with new executing future success long-term reducing we gives to will
an our we against company our seen implemented the was increasing by including of that The this price across year. strategically all be system, can February in As menu our additional savings in value cost of of X% executed effects on initiatives, additionally our expansion. quarter these menu proposition margin pricing initiatives capitalized first
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first the even the COGS with to during decreased quarter. cost lower During percentage sold the quarter, goods XX.X% last an of our half of
continues long-term to I and do want profile our trends current to share we XXXX how on our anticipate improve, to While some margin thoughts progress.
a for of challenging throughout the time through as noise based which well from industry, we as Company benefit primarily companies frame. multiple year, of our recent during of from Omicron heard Noodles have March comparison trends amount & as the XXXX, there May in been was the the meaningful you traffic on lapped have As has most
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the feel we strategy the appropriate months it protect margins, and anticipated environment quickly not our to over ultimately last did. was expand to While as approach an expense improve we pricing had XX as
will we year, the the prior recent ultimately seen current particularly increase consumer below pushback with in expectations. believe of comparisons most the challenging we Combined consumer that price some sentiment, X% with traffic our this have on mid-February. price, Coupled do QX be with most
currently to our by be would As delta first versus we quarter in a early positive the things that offset quarter results. stand, realized expect we expectations second
we $X more value the Rice top-selling maintaining and to been the value pivot Including favorable guests of opportunity Mac our other affordable implementing famous given expense our homemade which Krispies previously this when guests. of combined the offerings value-focused on Cheese, These able some price. well & Monday, and business profitability. opportunity provide quickly return as strong to promotions, as at margin gives of successful to enjoy drink the provide while still to our have gives the menu, an Mac for meal introduction the environment, our Fortunately, items $XX with & X the for most a are favorable also Cheese past us
value to with a seen sales traffic nice improving. and stabilizing offerings declines our response We already have
quarter. believe reiterated second year growth, have we significant strength and continue margin with expansion and early QX, full our in and challenges We our to momentum EBITDA the complete seen we've we have margin the guidance we full promotions expect in as our will offset in year to the place underlying the that
program, As grew on members strength of QX. our the which year engagement by we frequency focus traffic our to XX% bolstered frequency in initiatives, prior to versus in and performance our Encouragingly, of continue members X.X the million rewards year. last will driving relative be up we to at X% reward with continued strides see end
continue specifically to marketing brings our program, engage of our ability enrollment our our become it increase with and rewards traffic-driving with more activities which effective Many better communications. in are to to increased guests designed
team incredibly continues and our engaged continue meaningfully improve versus be last people to year. metrics Additionally, to
to points GM Promoter XXXX. turnover roughly XX This fully operational are continued led below times both annualized improvement has staffed hourly cook year-to-date Net to in metrics from We with Scores. and
our we rate. increase is as in unit people to improvement metrics growth The critical continue net
quarter, second X opening X to company anticipate restaurants. new the we During
to roughly five by changes second material quarter. end, environment, full the no in offset gross lease including the of approaching development continue for year expect units XXXX, we Assuming closures units, approximately new during two X.X%
Finally, our recently I a would few sharing by like to achieved. team awards end has
Magazine challenging honored be in third for to recognized strength our past by express to our in workplaces, for but of Newsweek a one awards greatest an Forbes. environment. to we've diversity named win and recognize Over both of few employer in year for the for were these by diversity like the teams best America's labor becoming employer improving still as our and as been choice as gratitude row an the months, I'd
like to I'd it QX to walk Now through turn our to Carl results. over