• February 7, 2008

On Wednesday, CKE Restaurants, Inc. announced same-store sales for the four weeks ended Jan. 28 for Carl's Jr. and Hardee's as well as fourth-quarter results for the 12 weeks ended on the same date and results for the entire fiscal year.

It was the ninth consecutive quarter and fifth consecutive year of positive blended same-store sales. Fourth quarter blended same-store sales increased 0.9% on top of a 3.8% increase in the prior year quarter, for a cumulative two year increase of 4.7%. Full-year blended same-store sales increased 1.5% on top of last year's strong 4.8% increase, for a two-year cumulative same-store sales increase of 6.3%.

For the full fiscal year, Carl's Jr. recorded a same-store sales increase of 0.9% on top of last year's 4.9% increase, representing the brand's eighth consecutive year of positive same-store sales. Hardee's achieved a same-store sales increase of 2.0% over a 4.8% same-store sales increase in the prior year. This represents the chain's fourth annual positive same-store sales increase over the past five years.

--Nina M. Lentini