CKE: High unemployment still hurting West Coast stores
The high unemployment rate in California continued to hurt sales at Carl’s Jr. in the second quarter, deepening the loss for parent company CKE Restaurants Inc., the now-private company reported Tuesday. Carpinteria, Calif.-based CKE Restaurants, parent to both the Carl’s Jr. and Hardee’s quick-service chains, was acquired in July by Columbia Lake Acquisition Holdings Inc., an affiliate of Apollo Management VII LP. Officials have indicated that quarterly reports will ...
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!