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 ...
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!