Fast-casual pasta chain Noodles & Co. (Nasdaq: NDLS) failed to live up to Wall Street analysts' projections in the second quarter of 2022 for revenue as ongoing inflation continues to take a major bite of the company's bottom line. Total revenue increased 2.7% in the first quarter to $112.6 million from $109.6 million in the first quarter of 2021. Zacks Consensus Estimate for sales in the most recent period was $113.1 million. Noodles posted a net loss of $6.4 million, or 14 cents loss per diluted share, in the first quarter of 2022. That's compared to net loss of $2.0 million, or 4 cents loss per diluted share, in the first quarter of 2021. Zachs analysts expected losses of 17 cents per share. Margins decreased significantly primarily because of increased inflation costs associated with both food and wages, Noodles reported. Noodles opened five new company-owned restaurants and closed two others. The chain also added two new franchise restaurants in the first quarter.