Commodity costs show no sign of easing in 2012 and continued menu price increases may be necessary for the Carl’s Jr. and Hardee’s quick-service chains in the new year, company officials said Wednesday. In a call to analysts following the release of third quarter results on Tuesday, officials with CKE Restaurants Inc., parent of the Carl’s Jr. and Hardee’s chains, said this year’s commodity costs were about 5 percent to 6 percent higher than those in 2010, ...
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Contact: Desiree Torres Desiree.Torres@penton.com