CARPINTERIA Calif. CKE Restaurants Inc. posted an 8.3-percent jump in its first quarter profit as menu price increases, cost control measures and a large share repurchase plan helped to offset the slowed sales and the growing operating and commodity costs plaguing most restaurant companies. CKE, which operates and franchises the Carl’s Jr. and Hardee’s brands, said it would further control costs by backing off growth plans for its Hardee’s restaurants. A 32-percent reduction in new ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com