CARPINTERIA Calif. Aggressive cost management and a focus on premium products helped drive up fourth-quarter net income at CKE Restaurants Inc., despite a slight drop in revenues, officials said Wednesday. For the fourth quarter ended Jan. 31, net income for the parent of the Carl’s Jr. and Hardee’s brands was $2.6 million, or 5 cents per share, compared with $98,000, or nil per share, the year earlier. Revenues for the quarter fell about 3 percent to $327.4 million.For the year ended ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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!