CKE Restaurants Inc. (CKR)

CKE Restaurants, Inc., through its subsidiaries, owns, operates, franchises, and licenses quick-service restaurants in the United States. It operates its restaurants primarily under the Carl’s Jr. and Hardee’s names. As of May 19, 2008, the company operated 3,101 franchised, licensed, or company-operated restaurants in 42 states and in 13 countries, including 1,162 Carl's Jr. restaurants and 1,923 Hardee's restaurants. CKE Restaurants was founded in 1941 and is headquartered in Carpinteria, California.

For the forty weeks ended 6 November 2006, CKE Restaurants, Inc.'s revenues increased 5% to $1.23B. Net income decreased 1% to $39.8M. Revenues reflect an increase in sales from the Carl's Jr. restaurant portfolio and higher revenues from the company-operated Hardee's restaurants. Net income was partially offset by an increase in general & administrative expenses and the presence of conversion inducement expense.