Noble Romans Inc reported first-quarter 2026 results with revenue of $3.9M and net income of $232.5K, marking year-over-year revenue growth and improved profitability versus the prior-year quarter.
Financial Highlights
- Revenue: $3.904M for Q1 2026, up from $3.760M in Q1 2025 (3.9% YoY).
- Net income: $232.5K for Q1 2026, versus $130.6K in Q1 2025 (78.0% YoY).
- Diluted EPS: $0.01 for Q1 2026, unchanged from $0.01 in Q1 2025 (0% YoY).
Business Highlights
- Same-store sales at the Craft Pizza & Pub concept rose about 3.7% year over year, while franchising revenue increased roughly 5.1% driven by unit openings.
- The company is strategically refocusing on non-traditional franchising channels such as convenience stores and travel plazas and reports a strong pipeline.
- Brand expansion continued with Craft Pizza & Pub reaching 12 locations; the full-service format is targeted at multi-unit franchisees.
- Management cited operational efficiency gains from tighter cost controls, improved labor efficiency and favorable menu/sales mix.
- Development progress includes an October 2023 agreement to develop 100 non-traditional franchise locations over three years.
Original SEC Filing:
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